Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 30

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 30
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 Section 233 of the Cayman Islands Companies Act. The Merger shall become effective
on the date of the Closing immediately upon the registration of the Plan of Merger by Cayman Islands Registrar of Companies in accordance
with the Cayman Islands Companies Act or at such later time or on such later date as may be agreed by BSII and the Company in writing
and, in either case, as specified in or pursuant to the Plan of Merger in accordance with the Cayman Islands Companies Act (the “Merger Effective Time”).

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Section 3.04. Memorandum and Articles of Association of Merger Surviving Company.

(a) At
the Merger Effective Time, in accordance with the Plan of Merger, the memorandum and articles of association of the Merger Surviving Company
shall be in the form of the BSII Governing Document in effect immediately prior to the Merger Effective Time, until thereafter amended
or restated as provided therein or by Applicable Law.

Section 3.05. Directors and Officers of the Merger Surviving Company. At the Merger Effective Time, the directors and officers of Merger Sub as of immediately
prior to the Merger Effective Time shall be the directors and officers of the Merger Surviving Company, unless otherwise determined by
BSII and the Company prior to the Merger Effective Time, and until their respective successors are duly elected or appointed and qualified
or until the earlier of their death, resignation or removal in accordance with the memorandum and articles of association of the Merger
Surviving Company.

Section 3.06. Effects of the Merger on the Share Capital of BSII, Merger Sub and the Company .

(a) Immediately
prior to the Merger Effective Time, each BSII Unit that is issued and outstanding immediately prior to the Merger Effective Time shall
be automatically detached and the holder thereof shall be deemed to hold one BSII Class A Ordinary Share and one-third of a BSII
Public Warrant in accordance with the terms of the BSII Unit (the “Unit Separation”); provided that no fractional
BSII Public Warrants will be issued in connection with the Unit Separation such that if a holder of BSII Units would be entitled to receive
a fractional BSII Public Warrant upon the Unit Separation, the number of BSII Public Warrants to be issued to such holder upon the Unit
Separation shall be rounded down to the nearest whole number of BSII Public