Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 385

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 385
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 rules as a result of any item of gross income with respect to BSII Securities being taken into account in an applicable financial statement; •persons that hold BSII Securities, or will hold TGE Securities, as part of a straddle, constructive sale, hedging, conversion or other integrated or similar transaction; or •persons whose functional currency is not the U.S. dollar. This discussion is based on the Code, proposed, temporary and final Treasury Regulations promulgated under the Code, and judicial and administrative interpretations thereof, all as of the date hereof. All of the foregoing is subject to change, which change could apply retroactively and could affect the tax considerations described herein. This discussion does not address U.S. federal taxes other than those pertaining to U.S. federal income taxation (such as estate or gift taxes, the alternative minimum tax or the Medicare tax on investment income), nor does it address any aspects of U.S. state or local or non -U.S. taxation. We have not and do not intend to seek any rulings from the IRS regarding the Business Combination or an exercise of redemption rights. There can be no assurance that the IRS will not take positions inconsistent with the considerations discussed below or that any such positions would not be sustained by a court. 245 This discussion does not consider the tax treatment of partnerships or other pass -throughentities or persons who hold BSII Securities or TGE Securities through such entities. If a partnership (or any entity or arrangement so characterized for U.S. federal income tax purposes) holds BSII Securities or TGE Securities, the tax treatment of such partnership and a person treated as a partner of such partnership will generally depend on the status of the partner and the activities of the partnership. Partnerships holding any of BSII’s Securities or TGE Securities and persons that are treated as partners of such partnerships should consult their tax advisors as to the particular U.S. federal income tax consequences of the Business Combination and an exercise of redemption rights to them. EACH HOLDER SHOULD CONSULT ITS TAX ADVISOR WITH RESPECT TO THE PARTICULAR TAX CONSEQUENCES TO SUCH HOLDER OF THE BUSINESS COMBINATION AND AN EXERCISE OF REDEMPTION RIGHTS, INCLUDING THE EFFECTS OF U.S. FEDERAL, STATE AND LOCAL AND NON -U .S. TAX LAWS. As used herein, a “U.S. Holder” is a beneficial owner of BSII Securities or, after the Business Combination, TGE Securities (as the case may be) who or that is, for U.S.