Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 292

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 292
---
 have us redeem their respective shares for cash upon a business combination which is actually completed by us. In no other circumstances does a shareholder have any right or interest of any kind to or in the Trust Account. 171

Transfer Restrictions Pursuant to a letter agreement entered into with Black Spade II, each of our Sponsor, directors and officers and certain employees of the Sponsor’s affiliates have agreed to restrictions on its or their ability to transfer, assign, or sell the Founder Shares or the Private Placement Warrants, as summarized in the table below. The Black Spade II IPO Lock -UpRestrictions described below will not extend to the TGE securities that the Sponsor and each of the Sponsor’s directors and officers and certain employees of the Sponsor’s affiliates will receive in exchange for their Founder Shares as a result of the Merger.

| Subject Securities                         |     | Expiration Date                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |     | Persons and Entities                                                                                                                                     
 Subject to Restrictions                                                                                                                                  |     | Exceptions to Transfer Restrictions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| Founder Shares, Private Placement Warrants |     | The earlier to occur of (A) six months after the completion of the initial Business Combination or earlier if, subsequent to the initial Business Combination, the closing price of the Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the initial Business Combination, and (B) the date following the completion of the initial Business Combination on which Black Spade II completes a liquidation, merger, share exchange or other similar transaction that results in all of the shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property. 
 Notwithstanding the foregoing, the Black Spade II IPO Lock-Up Restrictions described herein will not extend to the TGE securities that the Sponsor and each of the Sponsor’s directors and officers and certain employees of the Sponsor’s affiliates will receive in exchange for their Founder Shares as a result of the Merger.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |     | Sponsor, Dennis Tam, Kester Ng, Richard Taylor, Russell Galbut, Robert Moore, Patsy Chan, Sammy Hsieh and certain employees of the Sponsor’s affiliates. |     | Transfers are permitted (a) to the Company’s officers or directors, any affiliates or family members