Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 254

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 254
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underwriting discount of $60,000 for the partial over-allotment exercise, which closed and was paid on September 26, 2024. In addition,
the underwriters were entitled to a deferred fee of up to $0.30 per Unit, or 3% of the gross proceeds of the offering, or up to $4,302,000
in the aggregate (including the partial over-allotment exercised which closed on September 26, 2024). The deferred fee will be payable
to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination,
subject to the terms of the underwriting agreement.

NOTE 7 — SHAREHOLDERS’ DEFICIT

Preference Shares —The Company
is authorized to issue 1,500,000 preference shares with a par value of $0.0001 per share with such designations, voting and other rights
and preferences as may be determined from time to time by the Company’s board of directors. As of December 31, 2024, there
were no preference shares issued or outstanding.

Class A Ordinary Shares —The
Company is authorized to issue 150,000,000 Class A ordinary shares with a par value of $0.0001 per share. Holders of Class A
ordinary shares are entitled to one vote for each share. As of December 31, 2024, there were no Class A ordinary shares issued
or outstanding, excluding 15,300,000 Class A ordinary shares subject to possible redemption.

Class B Ordinary Shares —The
Company is authorized to issue 15,000,000 Class B ordinary shares with a par value of $0.0001 per share. Holders of Class B
ordinary shares are entitled to one vote for each share. On May 21, 2024, 4,312,500 Class B ordinary shares were issued, of
which an aggregate of up to 562,500 Class B ordinary shares were subject to forfeiture to the extent that the underwriters’
over-allotment option was not exercised in full or in part so that the number of Founder Shares would equal 20% of the Company’s
issued and outstanding ordinary shares after the Initial Public Offering. On September 26, 2024, the underwriters partially exercised
their over-allotment option and purchased an additional 300,000 Units. Due to the partial exercise and the decision to forfeit the
remaining option,