Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 240

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 240
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 any employees or adopt any benefits plan; acquire any other person; other than required for purposes of funding working capital of Black Spade II, incur any indebtedness; make any loans, advances or capital contributions to, or investments in, any other person; make certain changes with regard to tax; commence, discharge or settle certain actions; sell, lease, or create certain liens on any material assets, properties, securities or interests of Black Spade II; make any material changes in accounting principles or methods; incur any capital expenditures; or enter into any agreement to do any action prohibited under the foregoing, in each case, subject to further exceptions set forth in the Business Combination Agreement. TGE Equity Incentive Plan Prior to Closing, TGE will adopt the 2025 Share Incentive Plan. The plan will provide for the grant of awards to employees and other service providers of TGE and its subsidiaries with a total pool of awards of TGE Class A Ordinary Shares not exceeding 10% of the aggregate number of TGE Class A Ordinary Shares outstanding as of immediately after the Closing on a fully diluted, as converted and as -exercisedbasis. 140 Conditions to Closing of the Transactions The consummation of the Business Combination is conditioned upon the satisfaction or waiver by the applicable parties to the Business Combination Agreement of the conditions summarized below. There can be no assurance as to whether or when all of the conditions will be satisfied or waived. Conditions to Each Party’s Obligations The respective obligations of Black Spade II, TGE and Merger Sub to consummate the Transactions are subject to the satisfaction or waiver, if permitted by applicable law, in writing by all such parties, of the following conditions: •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; •the receipt of consents or approvals of governmental authorities as set forth on TGE’s disclosure schedule; •the absence of any applicable law or governmental order enjoining, prohibiting, making illegal or preventing the consummation of the Transactions; •the receipt of required approval by Black Spade II Shareholders; •the receipt of required approval by TGE Shareholders; and •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