Bullish indicating open at $55-$60, IPO prices at $37
Shareholders of Cohen Circle Acquisition Corp. I (NASDAQ:CCIR) approved the company’s proposed business combination with Kyivstar Group at an extraordinary general meeting held Tuesday. The results were disclosed in a statement based on a filing with the U.S. Securities and Exchange Commission.
The meeting, open to holders of Class A and Class B ordinary shares as of July 21, 2025, saw 18,360,217 shares represented, equaling about 58% of the company’s outstanding shares entitled to vote. Two key proposals were presented to shareholders.
The first proposal, which sought approval and adoption of the business combination agreement with Kyivstar Group, received 15,867,253 votes in favor, 1,691,416 against, and 801,548 abstentions.
The second proposal authorized the merger of Cohen Circle Acquisition Corp. I with Varna Merger Sub Corp., the adoption of the merger plan, and several related corporate actions. These included amending and restating the surviving company’s memorandum and articles, renaming the company to Kyivstar Cayman Corp., and re-designating share capital. This proposal received 15,867,248 votes in favor, 1,691,416 against, and 801,553 abstentions.
Cohen Circle Acquisition Corp. I expects the business combination to close on or about Thursday, pending customary closing conditions. Upon completion, the common shares and warrants of Kyivstar Group Ltd. (PubCo) are expected to begin trading on Nasdaq under the ticker symbols “KYIV” and “KYIVW” as early as Friday.
Cohen Circle Acquisition Corp. I is incorporated in the Cayman Islands and currently trades on Nasdaq under the symbols CCIRU, CCIR, and CCIRW. The company previously operated under the name FTAC Artemis Acquisition Corp.
All information in this article is based on a press release statement and the company’s SEC filing.
In other recent news, Cohen Circle Acquisition Corp. I announced an amendment to its business combination agreement with Kyivstar Group Ltd. The amendment, signed on July 10, 2025, involves the reallocation of Kyivstar Group Ltd. common shares between the seller and the sponsor. This adjustment is part of the closing process for the proposed business combination. The original agreement was established on March 18, 2025, and had a prior amendment on June 24, 2025. The latest changes focus solely on the distribution of shares, with other terms remaining unchanged. This development is part of Cohen Circle Acquisition Corp. I’s ongoing efforts to finalize the merger. The company continues to move forward with its business strategy.
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