Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 45

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 45
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 of Black Spade II will become the securityholders of TGE. TGE currently expects that the investments held in the Trust Account and the proceeds from the financing transactions in connection with the Business Combination will be used by TGE for: (i) expansion of the direct ownership model under L’Officiel and The Art Newspaper; (ii) to support its business expansion and growth, including through acquisitions of media platforms and global premium properties although TGE does not have any current plans; and (iii) working capital and general corporate purposes. The foregoing represents TGE’s current intentions based upon its present plans and business conditions to use and allocate the net proceeds from the Business Combination. TGE’s management, however, will have broad discretion to apply such proceeds. If an unforeseen event occurs or business conditions change, TGE may use such proceeds differently than as described in this proxy statement/prospectus. Q:What conditions must be satisfied to complete the Business Combination? A:There are a number of closing conditions to the Business Combination, including, but not limited to: (i) the approval for listing of TGE Class A Ordinary Shares (including the TGE Warrant Shares) and the TGE Warrants contemplated to be listed pursuant to the Business Combination Agreement on a Qualified Stock Exchange immediately following the Closing; (ii) the receipt of consents or approvals of governmental authorities as set forth on TGE’s disclosure schedule; (iii) the absence of any applicable law or governmental order enjoining, prohibiting, making illegal or preventing the consummation of the Transactions; (iv) the receipt of required approval by Black Spade II Shareholders; (v) the receipt of required approval by TGE Shareholders; and (vi) effectiveness of and the absence of any stop order issued by the SEC with respect to the registration statement on Form F -4of which this proxy statement/prospectus forms a part and no action seeking such stop order having been threatened or initiated. For a summary of all of the conditions that must be satisfied or waived prior to completion of the Business Combination, see the section titled “The Business Combination Agreement — Conditions to Closing of the Transactions.” 15

Q:What equity stake will Black Spade II Shareholders and TGE Shareholders have in TGE after the Business Combination? A:It is difficult to predict how many of the Black Spade II Public Shareholders will exercise their right to have their BSII Class A Ordinary Shares redeemed for cash. As a result, we have elected to provide three different