Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 91

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 91
---
 in a margin or similar account, you should contact your broker to ensure that votes related to the shares you beneficially own are properly counted. BSII Warrants do not have voting rights. As of the close of business on the Record Date, there were 19,125,000 BSII Ordinary Shares outstanding, of which 15,300,000 were BSII Class A Ordinary Shares and 3,825,000 were BSII Class B Ordinary Shares. The Sponsor holds 3,266,217 Founder Shares. The Sponsor and certain holders of BSII II Class B Ordinary Shares and BSII Private Warrants have agreed to vote all of their shares of BSII Class B Ordinary Shares, and any other BSII securities acquired by them, in favor of the Business Combination Proposal. Black Spade II’s issued and outstanding BSII Warrants do not have voting rights at the Meeting. Quorum and Vote Required for the Black Spade II Proposals A quorum will be present at the Meeting if a majority of the BSII Shares outstanding and entitled to vote at the Meeting is represented in person or by proxy. 45 The approval of each of the Business Combination Proposal and the Adjournment Proposal requires an ordinary resolution under Cayman Islands law and pursuant to the Black Spade II Articles, being the affirmative vote of shareholders holding a majority of the BSII Shares which, being so entitled, are voted on such resolutions in person or by proxy at the Meeting at which a quorum is present. The approval of the Merger Proposal requires a special resolution under Cayman Islands law and pursuant to the Black Spade II Articles, being the affirmative vote of shareholders holding at least two thirds of the BSII Shares which, being so entitled, are voted on such resolution in person or by proxy at the Meeting at which a quorum is present. Pursuant to the Business Combination Agreement, the Business Combination is conditioned upon the approval of holders of the requisite number of outstanding BSII Shares entitled to vote, whether in person or by proxy, at the Meeting. In accordance with the Sponsor Support Agreement entered into concurrently with the execution of the Business Combination Agreement, holders of 3,825,000shares of BSII Class A Ordinary Shares (or 20% of the outstanding shares of BSII Shares as of December 31, 2024) have agreed to vote in favor of each of the proposals, subject to certain customary conditions. For more information about these proposals, see the section entitled “ Quorum and Vote Required for the Black Spade II