Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 33

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 33
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 acquired businesses, the development
of other circumstances relating to these acquisitions, and the markets in which the acquired companies operate in. We may not be able
to achieve our intended strategy or manage L’Officiel and The Art Newspaper successfully, or doing so may be more costly than we
anticipate, and we may experience difficulty in realizing the expected benefits of the acquisitions.

In addition, we have made
investments, minority or otherwise, in companies and we may make similar investments in the future. Such investments subject us to the
operating and financial risks of these businesses and to the risk that, as far as minority investment is concerned, we do not have sole
control over the operations of these businesses. Our investments may be illiquid, and the absence of a market may inhibit our ability
to dispose of them. In addition, if the book value of an investment were to exceed its fair value, we would be required to recognize
an impairment charge related to the investment.

We may be unable
to obtain any additional capital required in a timely manner or on acceptable terms, or at all.

To grow our business and
remain competitive, we may require additional capital from time to time for our daily operations. Our ability to obtain additional capital
is subject to a variety of uncertainties, including:

| ● | our                                                                        
 market position and competitiveness in the industries in which we operate; |

| ● | our                                                                                      
 future profitability, overall financial condition, results of operations and cash flows; |

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| ● | general                                                                  
 market conditions for capital-raising activities by our competitors; and |

| ● | economic,                                       
 political and other conditions internationally. |

We may be unable to obtain
additional capital in a timely manner or on acceptable terms, or at all. In addition, our future capital or other business needs could
require us to sell additional equity or debt securities or to obtain a credit facility. The sale of additional equity or equity-linked
securities could dilute our shareholders’ shareholdings. Any incurrence of indebtedness will also lead to increased debt service
obligations, and could result in operating and financing covenants that may restrict our operations or our ability to pay dividends to
our shareholders.

Specifically, we must periodically
spend money to fund new hotel investments, as well as to refurbish and improve existing hotels. The availability of funds for new investments,
and improvement of existing hotels depends in large measure on our ability to access the capital