Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 46

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 46
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 our industries, including our competitors, may also negatively impact our reputation and brands. If we are unable to maintain a good
reputation or further enhance our brand recognition, our ability to attract and retain customers, third-party partners and key employees
could be harmed and, as a result, our business, financial position and results of operations would be materially and adversely affected.

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SPACs sponsored by us pursuant to our SPAC initiatives may not be able to identify and complete suitable business combinations.

As part of our growth
strategy, we have established an initiative to sponsor and control special purpose acquisition companies, or SPACs, with the intention
that these vehicles will raise capital from public markets and subsequently acquire operating businesses through business combinations.
Our objective is to leverage our expertise, network and resources to identify attractive targets, consummate acquisitions, and enhance
our portfolio by adding businesses that complement our existing operations and are expected to generate synergies and shareholder value.
In furtherance of this strategy, we are acting as the sponsor of TGE Value Creative Solutions Corp, a SPAC which, on August 19, 2025,
publicly filed a registration statement on Form S-1 with the SEC in connection with a proposed initial public offering of its units.

However, there can be
no assurance that any SPAC sponsored by us, including TGE Value Creative Solutions Corp, will be able to identify, negotiate and complete
a business combination with a suitable target within the prescribed timeframe, or at all. The market for high-quality acquisition targets
has become increasingly competitive, with a significant number of SPACs, private equity funds, venture capital firms and strategic acquirers
all seeking similar opportunities. This heightened competition may result in fewer available targets, inflated valuations, or unfavourable
transaction terms. In addition, the process of identifying and evaluating potential targets is inherently uncertain and subject to a
range of factors beyond our control, including prevailing market conditions, sector-specific risks, and changes in the regulatory environment.

If any of our sponsored
SPACs, including TGE Value Creative Solutions Corp, are unable to consummate a business combination within the time period required by
their constitutional documents, they will be required to liquidate and return funds to their public shareholders. In such circumstances,
we would risk losing part or all of our at-risk capital invested in the SPAC (in respect of TGE Value Creative Solutions Corp, this amounts
to approximately US$2.9 million), and