Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 70

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 70
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bligations, the Selling Securityholders can sell, under this prospectus, up to (i) 57,401,944 Class A Ordinary Shares constituting
approximately 88.7% of the total issued and outstanding ordinary shares of The Generation Essentials Group as of the date of this prospectus
(assuming exercise of all outstanding Warrants), and (ii) 11,120,000 Warrants, representing approximately 68.6% of our outstanding
Warrants. Subject to the AMTD Lock-up Obligations, AMTD Digital, AMTD IDEA Group, AMTD Group Inc. can sell all Ordinary Shares beneficially
owned by them under this prospectus, being 37,756,286 Class A Ordinary Shares (including (i) 18,470,375 Class A Ordinary Shares and (ii)
19,285,911 Class A Ordinary Shares issuable upon the conversion of 19,285,911 Class B Ordinary Shares beneficially owned by AMTD Digital
Inc.), and constituting approximately 58.4% of our issued and outstanding Ordinary Shares and represented 93.8% of the aggregate voting
power of our total issued and outstanding share capital as of the date of this prospectus (assuming exercise of all outstanding Warrants),
so long as the registration statement of which this prospectus forms a part is available for us. These shares were acquired at prices
significantly below the current trading price of the Class A Ordinary Shares.

Sales of a substantial number
of Registered Securities, or the perception that those sales might occur, could result in a significant decline in the public trading
price of our securities and could impair our ability to raise capital through the sale or issuance of additional equity securities. We
are unable to predict the effect that such sales may have on the prevailing market price of our securities. Despite such a decline in
the public trading price, certain Selling Securityholders may still experience a positive rate of return on the Registered Securities
due to the lower price at which they acquired the Registered Securities compared to other public investors and may be incentivized to
sell the Class A Ordinary Shares or Warrants when others are not. For example, based on the closing price of the Class A Ordinary
Shares and Warrants as referenced above, holders of the Sponsor Shares may experience a potential profit of up to US$7.7835 per share
on the Sponsor Shares; holders of the AMTD Shares may experience a potential profit of up to US$0.29 per share; South Horizon O