Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 234

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 234
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 Business Combination is conditioned upon the satisfaction or waiver by the applicable parties to the Business Combination Agreement of the conditions summarized below. There can be no assurance as to whether or when all of the conditions will be satisfied or waived. 140 Conditions to Each Party’s Obligations The respective obligations of Black Spade II, aWME and Merger Sub to consummate the Transactions are subject to the satisfaction or waiver, if permitted by applicable law, in writing by all such parties, of the following conditions: •the approval for listing of aWME Class A Ordinary Shares (including the aWME Warrant Shares) and the aWME Warrants contemplated to be listed pursuant to the Business Combination Agreement on a Qualified Stock Exchange immediately following the Closing; •the receipt of consents or approvals of governmental authorities as set forth on aWME’s disclosure schedule; •the absence of any applicable law or governmental order enjoining, prohibiting, making illegal or preventing the consummation of the Transactions; •the receipt of required approval by Black Spade II Shareholders; •the receipt of required approval by aWME Shareholders; and •effectiveness of and the absence of any stop order issued by the SEC with respect to the registration statement on Form F -4of which this proxy statement/prospectus forms a part and no action seeking such stop order having been threatened or initiated. Other Conditions to the Obligations of aWME and Merger Sub The obligations of each of aWME and Merger Sub to consummate the Transactions are also subject to the satisfaction or waiver, if permitted by applicable law, in writing by aWME of the following conditions: •the accuracy of the representations and warranties of Black Spade II (subject to certain materiality standards set forth in the Business Combination Agreement); •material compliance by Black Spade II with its pre -closingcovenants; •the absence of a Black Spade II Material Adverse Effect that is continuing since the date of the Business Combination Agreement; •the execution of certain Ancillary Agreements and closing certificate by Black Spade II and/or its shareholders (including the Sponsor) and officers, as applicable; and •the Merger Surviving Company (as the successor of Black Spade II) having at least $5,000,001 of net tangible assets remaining after the consummation of the Business Combination and giving effect to the exercise of the redemption rights of Black Spade II Shareholders. Other Conditions to the Obligations of Black Spade II The obligations of