Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 196

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 196
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 those securities. Assuming the Business Combination closes, the TGE Warrants will become exercisable 30 days after the completion of the Business Combination. The exercise price of the TGE Warrants will be US$11.50 per share. To the extent such TGE Warrants are exercised, additional TGE Class A Ordinary Shares will be issued, which will result in dilution to the existing holders of TGE Class A Ordinary Shares and increase the number of TGE shares eligible for resale in the public market. Sales of substantial numbers of such shares in the public market or the fact that such TGE Warrants may be exercised could adversely affect the market price of TGE Class A Ordinary Shares. However, there is no guarantee that the TGE Warrants will ever be in the money prior to their expiration, and as such, the TGE Warrants may expire worthless. 114 We may redeem your unexpired TGE Warrants prior to their exercise at a time that is disadvantageous to you, thereby making your TGE Warrants worthless. After the consummation of the Business Combination, we will have the ability to redeem outstanding TGE Warrants at any time after they become exercisable and prior to their expiration, at a price of US$0.01 per warrant, provided that the last reported sales price of TGE Class A Ordinary Shares equals or exceeds US$18.00 per share (as adjusted for share subdivisions, share dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30 trading -dayperiod ending on the third trading day prior to the date on which we give proper notice of such redemption and there is an effective registration statement covering the issuance of the TGE Class A Ordinary Shares issuable upon exercise of the TGE Warrants. Redemption of the outstanding TGE Warrants could force you (i) to exercise your TGE Warrants and pay the exercise price therefor at a time when it may be disadvantageous for you to do so, (ii) to sell your TGE Warrants at the then -currentmarket price when you might otherwise wish to hold your TGE Warrants, or (iii) to accept the nominal redemption price, which, at the time the outstanding TGE Warrants are called for redemption, is likely to be substantially less than the market value of your TGE Warrants. If securities or industry analysts do not publish research, publish inaccurate or unfavorable research or cease publishing research about TGE, its share price and trading volume could