Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 286

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 286
---
ory Note and the note is no longer available.

Administrative Services Agreement

The Company entered into
an agreement, commencing on August 23, 2024, through the earlier of the consummation of the initial Business Combination and liquidation,
to pay the Sponsor $20,000 per month for office space, utilities and secretarial and administrative support services. For the three
months ended March 31, 2025, the Company incurred $60,000 in fees for these services, of which $60,000 was unpaid and included
in due to related party in the accompanying unaudited condensed balance sheet as of March 31, 2025.

Working Capital Loans

In order to finance transaction
costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers
and directors may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). Such Working
Capital Loans would be evidenced by promissory notes. The notes may be repaid upon completion of a Business Combination, without interest,
or, at the lender’s discretion, up to $2,000,000 of the notes may be converted upon completion of a Business Combination into
warrants at a price of $0.50 per warrant. Such warrants would be identical to the Private Placement Warrants. In the event that
a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working
Capital Loans but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. As of March 31, 2025 and December
31, 2024, there were no amounts outstanding under the Working Capital Loans.

<div align='center'>F-36</div>

NOTE 6. COMMITMENTS AND CONTINGENCIES

Risk and Uncertainties

The United States and
global markets are experiencing volatility and disruption following the geopolitical instability resulting from the ongoing Russia-Ukraine
conflict and the recent escalation of the Israel-Hamas conflict. In response to the ongoing Russia-Ukraine conflict, the North Atlantic
Treaty Organization (“NATO”) deployed additional military forces to eastern Europe, and the United States, the United Kingdom,
the European Union and other countries have announced various sanctions and restrictive actions against Russia, Belarus and related individuals
and entities, including the removal of certain financial institutions from the Society for Worldwide Interbank Financial Telecommunication
payment system. Certain countries, including