Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 266

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 266
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 | $          | — |     | $           | (3,190,466 | ) |     | $             | (3,190,084 | ) |
| Accretion for Class A ordinary shares to redemption 
 amount                                              |     |                 | — |     |        | — |     |                 |         — |     |        |   — |     |            | — |     |             | (1,530,782 | ) |     |               | (1,530,782 | ) |
| Net income                                          |     |                 | — |     |        | — |     |                 |         — |     |        |   — |     |            | — |     |             |     10,378 |   |     |               |     10,378 |   |
| Balance — March 31, 2025                            
 (unaudited)                                         |     |                 | — |     | $      | — |     |                 | 3,825,000 |     | $      | 382 |     | $          | — |     | $           | (4,710,870 | ) |     | $             | (4,710,488 | ) |

<div align='center'>The accompanying notes
are an integral part of the unaudited condensed financial statements.

F-25

BLACK SPADE ACQUISITION II CO

CONDENSED STATEMENT OF CASH FLOWS

FOR THE THREE MONTHS ENDED MARCH 31, 2025

(UNAUDITED)</div>

| Cash Flows from Operating Activities:                             |     |   |            |   |
|:------------------------------------------------------------------|:----|:--|-----------:|:--|
| Net income                                                        |     | $ |     10,378 |   |
| Adjustments to reconcile net income to net cash used in operating 
 activities:                                                       |     |   |            |   |
| Interest income on cash held in Trust Account                     |     |   | (1,648,030 | ) |
| Changes in operating assets and liabilities:                      |     |   |            |   |
| Prepaid expenses and other current assets                         |     |   |    (10,022 | ) |
| Accounts payable and accrued expenses                             |     |   |  1,355,534 |   |
| Due to related party                                              |     |   |     18,714 |   |
| Net cash used