Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 190

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 190
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. Assuming the Business Combination closes, the aWME Warrants will become exercisable 30 days after the completion of the Business Combination. The exercise price of the aWME Warrants will be US$11.50 per share. To the extent such aWME Warrants are exercised, additional aWME Class A Ordinary Shares will be issued, which will result in dilution to the existing holders of aWME Class A Ordinary Shares and increase the number of aWME shares eligible for resale in the public market. Sales of substantial numbers of such shares in the public market or the fact that such aWME Warrants may be exercised could adversely affect the market price of aWME Class A Ordinary Shares. However, there is no guarantee that the aWME Warrants will ever be in the money prior to their expiration, and as such, the aWME Warrants may expire worthless. We may redeem your unexpired aWME Warrants prior to their exercise at a time that is disadvantageous to you, thereby making your aWME Warrants worthless. After the consummation of the Business Combination, we will have the ability to redeem outstanding aWME Warrants at any time after they become exercisable and prior to their expiration, at a price of US$0.01 per warrant, provided that the last reported sales price of aWME Class A Ordinary Shares equals or exceeds US$18.00 per share (as adjusted for share subdivisions, share dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30 trading -dayperiod ending on the third trading day prior to the date on which we give proper notice of such redemption and there is an effective registration statement covering the issuance of the aWME Class A Ordinary Shares issuable upon exercise of the aWME Warrants. Redemption of the outstanding aWME Warrants could force you (i) to exercise your aWME Warrants and pay the exercise price therefor at a time when it may be disadvantageous for you to do so, (ii) to sell your aWME Warrants at the then -currentmarket price when you might otherwise wish to hold your aWME Warrants, or (iii) to accept the nominal redemption price, which, at the time the outstanding aWME Warrants are called for redemption, is likely to be substantially less than the market value of your aWME Warrants. If securities or industry analysts do not publish research, publish inaccurate