Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 225

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 225
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 of interest relating to the waiver of the corporate opportunities doctrine in the Black Spade II Articles impacted its search for an acquisition target, and Black Spade II was not prevented from reviewing any opportunities as a result of such waiver. •The Sponsor and Black Spade II’s directors and officers have each entered into a letter agreement pursuant to which they have agreed, among other things, (i) to vote all of the BSII Shares, including Public Shares and Founder Shares, held by them in favor of the Business Combination, (ii) to waive their redemption rights with respect to such shares in connection with (a) a shareholder vote to approve an amendment to the Black Spade II Articles and (b) the completion of the Business Combination, and (iii) to waive their rights to liquidating distributions from the Trust Account with respect to their Founder Shares if Black Spade II fails to complete an initial business combination, although they will be entitled to liquidating distributions from the Trust Account with respect to any Public Shares they hold. Other than inducing the underwriters to proceed with Black Spade II’s IPO, no other consideration was received for such waivers. As of the date of this proxy statement/prospectus, the Sponsor and Black Spade II’s directors and officers and certain employees of Sponsor’s affiliates own approximately 20% of the issued and outstanding BSII Shares. 132

Certain of Black Spade II’s officers and directors presently have, and any of them in the future may have additional, fiduciary duties to other entities pursuant to which such officer or director is or will be required to present a business combination opportunity. Accordingly, if any of Black Spade II’s officers or directors becomes aware of a business combination opportunity which is suitable for an entity to which he or she has then -currentfiduciary duty to present the opportunity to such entity, he or she will honor his or her fiduciary duty to present such opportunity to such entity. Black Spade II believes, however, that the fiduciary duties or contractual obligations of its officers or directors will not materially affect our ability to identify and pursue business combination opportunities or complete our initial business combination. Below is a table summarizing the entities to which Black Spade II’s officers and directors currently have fiduciary duties:

| Individual     |     | Entity                                 |     | Entity’s Business                   |     | Affiliation                                      |
| Dennis Tam     |     | Maple Peak Investments Inc.            |     | Investment                          |     | Chief Executive Officer, Director                |
|