Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 5

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 5
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 as of the date falling 60 days after the Closing, (b) have not acquired your BSII Class A Ordinary Shares through a conversion of BSII Class B Ordinary Shares, (c) never have elected to exercise a redemption right in respect of BSII Class A Ordinary Shares, and (d) entered into, and adhered to the terms of, a non -redemptionagreement in the form attached hereto as Annex D by no later than , 2025. This additional cash payment will be made no earlier than days after the Closing Date. The aggregate Non -RedemptionPayment Amount that TGE would pay to eligible Black Spade II Public Shareholders under the no redemptions, 50% redemptions, and maximum redemptions scenarios is $19.1million, $9.6million and $0.6million, respectively. Black Spade II’s Class A Ordinary Shares, units and public warrants are currently listed on the Nasdaq Stock Market LLC (“Nasdaq”) under the symbols “BSII,” “BSIIU,” and “BSIIW,” respectively. The Generation Essentials Group is not currently a public reporting company. However, following the effectiveness of the registration statement of which this proxy statement/prospectus is a part and the closing of the Transaction (“Closing”), The Generation Essentials Group will become subject to the reporting requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). It is a condition of the consummation of the Business Combination that the TGE Class A Ordinary Shares (including the TGE Warrants Shares) and the TGE Warrants are approved for listing on a qualified stock exchange, which is expected to be Nasdaq (including the Capital Market, Global Market and/or the Global Select Market) or the New York Stock Exchange. The Generation Essentials Group intends to apply for listing of the TGE Class A Ordinary Shares and TGE Warrants onunder the symbols, “[TGE]” and “[TGEWW],” respectively, to be effective at the consummation of the Business Combination. While trading is expected to begin on the first business day following the date of completion of the Business Combination, there can be no assurance that The Generation Essentials Group’s securities will be listed on aor that a viable and active trading market will develop. This proxy statement/prospectus covers the TGE Class A Ordinary Shares and TGE Warrants issuable to certain securityholders of Black Spade II as described above. Accordingly, The Generation Essentials