Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 265

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 265
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 to or upon the consummation of the Business Combination. Brokers are not entitled to vote on the Business Combination Proposal absent voting instructions from the beneficial holder. Abstentions and broker non -votes, while considered present for the purposes of establishing a quorum, will not count as votes cast at the Meeting, and otherwise will have no effect on a particular proposal. 158 The approval of the Business Combination Proposal is a condition to the consummation of the Proposed Transactions. If the Business Combination Proposal is not approved, the other proposals (except an Adjournment Proposal, as described below) will not be presented to Black Spade II Shareholders for a vote. Resolution The full text of the resolution to be passed is as follows: “ Resolution 1: RESOLVED,as an ordinary resolution, that Black Spade Acquisition II Co’s (“Black Spade II”) entry into the Business Combination Agreement dated as of January 27, 2025, by and among Black Spade II, The Generation Essentials Group (“TGE”) and WME Merger Sub Limited (“Merger Sub”), as may be amended, supplemented or restated from time to time (the “Business Combination Agreement”), pursuant to which, among other things, Merger Sub will merge with and into Black Spade II, with Black Spade II surviving the merger as a wholly owned subsidiary of TGE, in accordance with the terms and subject to the conditions of the Business Combination Agreement, and the transactions contemplated by the Business Combination Agreement each be authorized, approved, ratified and confirmed in all respects.” Recommendation of the Black Spade II Board: THE BLACK SPADE II BOARD UNANIMOUSLY RECOMMENDS THAT THE BLACK SPADE II SHAREHOLDERS VOTE “FOR” THE APPROVAL OF THE BUSINESS COMBINATION PROPOSAL. Resale of TGE Class A Ordinary Shares The TGE Class A Ordinary Shares to be issued in connection with the Business Combination will be freely transferable under the Securities Act except for shares issued to any shareholder who may be deemed to be an “affiliate” of Black Spade II immediately prior to the Merger Effective Time or an “affiliate” of TGE following the Business Combination. Persons who may be deemed to be affiliates include individuals or entities that control, are controlled by, or are under common control with, TGE or Black Spade II (as appropriate) and may include the executive officers, directors and significant shareholders of TGE or Black Spade II (as appropriate). Stock Exchange Listing of T