Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 203

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 203
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ient obtained by dividing (x) the product of the number of Class A Ordinary Shares underlying the Warrants, multiplied by the
excess of the “fair market value” less the exercise price of the Warrants by (y) the fair market value. The “fair
market value” as used in this paragraph means the volume-weighted average price of the Class A Ordinary Shares as reported during
the 10 trading day period ending on the trading day prior to the date on which the notice of exercise is received by the Warrant
agent.

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A holder of a Warrant may
notify us in writing in the event it elects to be subject to a requirement that such holder will not have the right to exercise such
Warrant, to the extent that after giving effect to such exercise, such person (together with such person’s affiliates), to the
Warrant agent’s actual knowledge, would beneficially own in excess of 4.9% or 9.8% (as specified by the holder) of the Class A
Ordinary Shares issued and outstanding immediately after giving effect to such exercise.

Redemption of Warrants.After
the Warrants become exercisable, we may redeem the outstanding Warrants (except as described herein with respect to the private placement
Warrants):

| ● | in                     
 whole and not in part; |

| ● | at                            
 a price of $0.01 per Warrant; |

| ● | upon                                                                             
 a minimum of 30 days’ prior written notice of redemption to each Warrant holder; 
 and                                                                              |

| ● | if,                                                                                        
 and only if, the closing price of the Class A Ordinary Shares equals or exceeds $18.00 per 
 share (as adjusted for adjustments to the number of shares issuable upon exercise or the   
 exercise price of a Warrant as described under the heading “— Warrants —                   
 Public Warrants — Anti-Dilution Adjustments”) for any 20 trading days                      
 within a 30-trading day period ending three trading days before we send the notice         
 of redemption to the Warrant holders.                                                      |

If and when the Warrants
become redeemable by us, we may not exercise our redemption right if the issuance of Class A Ordinary Shares upon exercise of the Warrants
is not exempt from registration or qualification under applicable state blue sky laws or we are unable to effect such registration or
qualification. If and when the Warrants become redeemable, we may exercise