Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 246

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 246
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CEMBER 31, 2024</div>

NOTE 3 — INITIAL PUBLIC OFFERING

Pursuant to the Initial Public Offering, on August 29,
2024, the Company sold 15,000,000 Units, at a price of $10.00 per Unit. On September 26, 2024, the underwriters purchased an
additional 300,000 Units pursuant to the partial exercise of the over-allotment option. The Units were sold at an offering
price of $10.00 per Unit, generating additional gross proceeds to the Company of $3,000,000.

Each Unit consists of one Class A ordinary
share and one-third of one redeemable warrant (“Public Warrant”). Each whole Public Warrant entitles the holder to purchase
one Class A ordinary share at a price of $11.50 per share, subject to adjustment (see Note 7). Only whole warrants are exercisable.
No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The warrants will become exercisable
on the later of 30 days after the completion of the initial Business Combination or 12 months from the closing of the Initial
Public Offering and will expire five years after the completion of the initial Business Combination or earlier upon redemption or
liquidation.

NOTE 4 — PRIVATE PLACEMENT

Simultaneously with the closing of the Initial Public
Offering, the Sponsor purchased an aggregate of 11,000,000 Private Placement Warrants at a price of $0.50 per Private Placement Warrant
($5,500,000 in the aggregate). In connection with the partial exercise of the over-allotment option, the Sponsor purchased an additional
120,000 Private Placement Warrants at a purchase price of $0.50 per Private Placement Warrant, generating additional gross proceeds to
the Company of $60,000. Each Private Placement Warrant is exercisable to purchase one Class A ordinary share at a price of $11.50
per share, subject to adjustment (see Note 7). The proceeds from the sale of the Private Placement Warrants were added to the net
proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the
Combination Period, the proceeds from the sale of the Private Placement Warrants held in the Trust Account will be used to fund the redemption
of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will