Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 43

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 43
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 complete an initial business combination by November 29, 2026 (or a later date approved by Black Spade II Shareholders pursuant to the Black Spade II’s Articles), Black Spade II will be required to dissolve and liquidate its Trust Account by returning the then remaining funds in such account to its Public Shareholders. Q:What will happen in the Business Combination? A:Pursuant to the Business Combination Agreement, Merger Sub will merge with and into Black Spade II with Black Spade II surviving the Merger as a wholly owned subsidiary of TGE. As a result of the Business Combination, and upon the consummation of the Business Combination, the securityholders of Black Spade II will become the securityholders of TGE. TGE currently expects that the investments held in the Trust Account and the proceeds from the financing transactions in connection with the Business Combination will be used by TGE for: (i) expansion of the direct ownership model under L’Officiel and The Art Newspaper; (ii) to support its business expansion and growth, including through acquisitions of media platforms and global premium properties although TGE does not have any current plans; and (iii) working capital and general corporate purposes. The foregoing represents TGE’s current intentions based upon its present plans and business conditions to use and allocate the net proceeds from the Business Combination. TGE’s management, however, will have broad discretion to apply such proceeds. If an unforeseen event occurs or business conditions change, TGE may use such proceeds differently than as described in this proxy statement/prospectus. Q:What conditions must be satisfied to complete the Business Combination? A:There are a number of closing conditions to the Business Combination, including, but not limited to: (i) the approval for listing of TGE Class A Ordinary Shares (including the TGE Warrant Shares) and the TGE Warrants contemplated to be listed pursuant to the Business Combination Agreement on a Qualified Stock Exchange immediately following the Closing; (ii) the receipt of consents or approvals of governmental authorities as set forth on TGE’s disclosure schedule; (iii) the absence of any applicable law or governmental order enjoining, prohibiting, making illegal or preventing the consummation of the Transactions; (iv) the receipt of required approval by Black Spade II Shareholders; (v) the receipt of required approval by TGE 15

Shareholders; and (vi) effectiveness of and the absence of any stop order issued by the SEC with respect to the registration statement on Form