Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 295

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 295
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 were no delinquent filers. Legal Proceedings As of the date of this proxy statement/prospectus, to the knowledge of our management, there was no material litigation, arbitration or governmental proceeding pending against us or any members of our management team in their capacity as such, and we and the members of our management team have not been subject to any such proceeding. 176 BLACK SPADE II’S MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONs References in this section to “Black Spade II,” “we,” “our” or “us” refer to Black Spade Acquisition II Co. References to our “management” or our “management team” refer to Black Spade II’s executive officers and directors, and references to the “Sponsor” refer to Black Spade Sponsor LLC II. The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and the notes thereto contained elsewhere in this proxy statement / prospectus. Certain information contained in the discussion and analysis set forth below includes forward -looking statements that involve risks and uncertainties. Please see “Cautionary Statement Regarding Forward -Looking Statements.” Our actual results may differ materially from those anticipated in these forward -looking statements as a result of many factors, including but not limited to those described under “Risk Factors” and elsewhere in this proxy statement / prospectus. Overview We are a blank check company incorporated under the laws of the Cayman Islands as an exempted company with limited liability for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses or assets. Recent Developments On January 27, 2025, we entered into the Business Combination Agreement with TGE and Merger Sub, pursuant to which, among other transactions, on the terms and subject to the conditions set forth therein, Merger Sub will merge with and into Black Spade II, with Black Spade II surviving the Merger as a wholly -ownedsubsidiary of TGE (the “Merger”). Pursuant to the Business Combination Agreement, among other things, prior to the effective time of the Merger (the “Merger Effective Time”), TGE will re -designate: •Each ordinary share of TGE (other than non -votingordinary shares) that is not held by AMTD Digital Inc. (“AMTD Digital”) into one Class A ordinary share of TGE (“TGE Class A Ordinary