Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 235

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 235
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 terms expressly apply in whole or in part after the Closing and then only to such extent until such covenants and agreements have been fully performed, (b) any covenants and agreements in the Surviving Provisions (as defined therein) and (c) any claim arising out of fraud. Comparison of Rights of Shareholders of The Generation Essentials Group, Black Spade II and the Surviving Company Each of The Generation Essentials Group and Black Spade II is a company incorporated under the laws of the Cayman Islands and the surviving company of the Merger will remain as a company incorporated under the laws of the Cayman Islands. Accordingly, the rights of the shareholders of The Generation Essentials Group are governed by the TGE Articles and the Cayman Islands Companies Act and the rights of the shareholders of Black Spade II are governed by the Black Spade II Articles and the Cayman Islands Companies Act. The rights of the shareholders of the surviving company of the Merger after the consummation of the Business Combination will be governed by the Black Spade II Articles and the Cayman Islands Companies Act, and the rights of the shareholders of The Generation Essentials Group after the consummation of the Business Combination will be governed by the Amended TGE Articles and the Cayman Islands Companies Act. The Amended TGE Articles will take effect on the Closing Date and immediately prior to the Merger Effective Time. Pursuant to the terms of the Amended TGE Articles, holders of TGE Class A Ordinary Shares and TGE Class B Ordinary Shares will generally have the same rights except for voting and conversion rights. In respect of all matters upon which holders of TGE Ordinary Shares are entitled to vote, each TGE Class A Ordinary Share will be entitled to one vote and each TGE Class B Ordinary Share will be entitled to 20 votes. TGE Class A Ordinary Shares and TGE Class B Ordinary Shares will vote together on all matters as a single class except as otherwise required by law. AMTD Digital Inc. will control the voting power of all of the issued and outstanding TGE Class B Ordinary Shares immediately following the consummation of the Business Combination. Additional Agreements Shareholders Support and Lock-Up Agreement and Deed See “Agreements in Connection with the Business Combination Agreement — Shareholders Support and Lock -UpAgreement and Deed. Sponsor Support Agreement and Deed See “Agreements in Connection with the Business Combination Agreement — Sponsor Support Agreement and Deed. 139 Registration Rights Agreement See “Agreements in Connection with the Business Combination