Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 58

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 58
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 the Business Combination is Treated as a reorganization.” All holders of BSII Securities are urged to consult with their own tax advisors regarding the potential tax consequences to them of the merger. Q:Do I have redemption rights? A:Pursuant to the Black Spade II Articles, holders of Public Shares may elect to have their Public Shares redeemed for cash at the applicable redemption price per share calculated in accordance with the Black Spade II Articles. For illustrative purposes, based on funds in the Trust Account of approximately $ million as of , 2025, the estimated redemption price per share would have been approximately $ . If a holder exercises its redemption rights, then such holder will be redeeming its Public Shares for cash. Such a holder will be entitled to receive cash for its Public Shares only if it properly demands redemption and delivers its share certificates (if any) and a redemption notice (either physically or electronically) to Black Spade II’s transfer agent two days prior to the Meeting. See the section titled “Extraordinary General Meeting of Black Spade II Shareholders — Redemption Rights” for the procedures to be followed if you wish to redeem your Public Shares for cash. Q:Are there any limitations on redemption rights? A:Yes. The Black Spade II Articles provide that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Exchange Act), will be restricted from redeeming its shares with respect to more than an aggregate of 15% of the shares sold in Black Spade II’s IPO, which Black Spade II refers to as the “Excess Shares,” without its prior consent. Black Spade II believes this restriction will discourage shareholders of Black Spade II from accumulating large blocks of shares, and subsequent attempts by such holders to use their ability to exercise their redemption rights against the Business Combination as a means to force us or our management to purchase their shares at a significant premium to the then -currentmarket price or on other undesirable terms. Absent this provision, a Public Shareholder holding more than an aggregate of 15% of the shares sold in Black Spade II’s IPO could threaten to exercise its redemption rights if such holder’s shares are not purchased by us or our management at a premium to the then -currentmarket price or on other undesirable terms. By limiting Black Spade II Shareholders’ ability to redeem no more than 15% of the shares sold in Black Spade II