Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 374

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 374
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 a foreign private issuer, it will be exempt from certain provisions of the Exchange Act that are applicable to U.S. domestic public companies, including: •the rules under the Exchange Act requiring the filing of quarterly reports on Form 10 -Qor current reports on Form 8 -Kwith the SEC; •the sections of the Exchange Act regulating the solicitation of proxies, consents, or authorizations in respect of a security registered under the Exchange Act; •the sections of the Exchange Act requiring insiders to file public reports of their share ownership and trading activities and liability for insiders who profit from trades made in a short period of time; and •the selective disclosure rules by issuers of material nonpublic information under Regulation Fair Disclosure, or Regulation FD, which regulates selective disclosure of material non -publicinformation by issuers. The Generation Essentials Group will be required to file an annual report on Form 20 -Fwithin four months of the end of each fiscal year. In addition, The Generation Essentials Group intends to publish its results on a quarterly basis through press releases, distributed pursuant to the rules and regulations of . Press releases relating to financial results and material events will also be furnished to the SEC on Form 6 -K. However, the information The Generation Essentials Group is required to file with or furnish to the SEC will be less extensive and less timely compared to that required to be filed with the SEC by U.S. domestic issuers. Accordingly, after the Business Combination, The Generation Essentials Group shareholders will receive less or different information about The Generation Essentials Group than a shareholder of a U.S. domestic public company would receive. The Generation Essentials Group is a non -U.S. company with foreign private issuer status, and, after the consummation of the Business Combination, will be listed on . listing rules permit a foreign private issuer like The Generation Essentials Group to follow the corporate governance practices of its home country. Certain corporate governance practices in the Cayman Islands, which is The Generation Essentials Group home country, may differ significantly from corporate governance listing standards. Among other things, The Generation Essentials Group is not required to have: •a majority of the board of directors consist of independent directors; •a compensation committee consisting of independent directors; •a nominating committee consisting of independent directors; or •regularly scheduled executive sessions with only independent directors each year. Although not required and as may be changed from time to time, The Generation Essentials Group intends to have, as of the consummation of the Business Combination, a majority -independentcompensation committee