Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 83

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 83
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The Business Combination Agreement — Earnout”. In such case, the number of TGE Class A Ordinary Shares that will be issued would be equal to such number of TGE Class A Ordinary Shares which in aggregate represent 3% of the aggregate number of TGE Class A Ordinary Shares outstanding as of the date such event occurs. For illustrative purposes, this calculation assumes the issuance of 1,268,880, 1,154,130, 1,039,380, 924,630 and 824,589 TGE Class A Ordinary Shares, which is 3% of the total number of TGE Class A Ordinary Shares that would be outstanding following the completion of the Business Combination under the no redemption, 25% redemption, 50% redemption, 75% redemption and maximum redemption scenarios. (4)For illustrative purposes, assumes that TGE elects to issue the maximum of 10% of the aggregate number of TGE Class A Ordinary Shares following the completion of the Business Combination under the nor redemption, 50% redemption and maximum redemption scenarios, on a fully diluted, as converted and as -exercisedbasis to employees and other service providers of TGE and its subsidiaries. (5)Due to the calculation formula illustrated in note 2 above, the percentage of the total Additional Dilution Sources is not equal to the sum of the percentage of each Additional Dilution Source.

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For more information, please see the sections entitled “ Unaudited Pro Forma Condensed Combined Financial Information” and “ Beneficial Ownership of Securities — The Generation Essentials Group.” Stock Exchange Listing BSII Class A Ordinary Shares, BSII Public Warrants and Units are publicly traded on the Nasdaq under the symbols, “BSII,” “BSIIW” and “BSIIU,” respectively. TGE has applied to list the TGE Class A Ordinary Shares and the TGE Warrants onunder the symbols, “TGE” and “TGEWW,” respectively, upon the Closing. Sources and Uses of Funds for the Business Combination The following table summarizes the sources and uses for funding the transactions contemplated by the Business Combination Agreement. Where actual amounts are not known or knowable, the figures below represent TGE’s and Black Spade II’s good faith estimate of such amounts.

|                                  |     |      Assuming No 
      Redemptions |     |    Assuming 
  50% of the 
     Maximum 
 Redemptions |     |    Assuming 
     Maximum 
 Redemptions |   |