Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 292

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 292
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 in the discussion and analysis set forth below includes forward -looking statements that involve risks and uncertainties. Please see “Cautionary Statement Regarding Forward -Looking Statements.” Our actual results may differ materially from those anticipated in these forward -looking statements as a result of many factors, including but not limited to those described under “Risk Factors” and elsewhere in this proxy statement / prospectus. Overview We are a blank check company incorporated under the laws of the Cayman Islands as an exempted company with limited liability for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses or assets. Recent Developments On January 27, 2025, we entered into the Business Combination Agreement with aWME and Merger Sub, pursuant to which, among other transactions, on the terms and subject to the conditions set forth therein, Merger Sub will merge with and into Black Spade II, with Black Spade II surviving the Merger as a wholly -ownedsubsidiary of aWME (the “Merger”). Pursuant to the Business Combination Agreement, among other things, prior to the effective time of the Merger (the “Merger Effective Time”), aWME will re -designate: •Each ordinary share of aWME (other than non -votingordinary shares) that is not held by AMTD Digital Inc. (“AMTD Digital”) into one Class A ordinary share of aWME (“aWME Class A Ordinary Share”); •Each ordinary share of aWME (other than non -votingordinary shares) that is held by AMTD Digital into one Class B ordinary share of aWME (“aWME Class B Ordinary Share”); and •Each non -votingordinary share of aWME into one non -votingpreferred share of aWME (“aWME Preferred Share”). Pursuant to the Business Combination Agreement, immediately after the completion of the re -designationof shares and immediately prior to the Merger Effective Time, aWME will effect a share consolidation or subdivision such that: •Each aWME Class A Ordinary Share will be consolidated or divided into a number of aWME Class A Ordinary Shares equal to the Adjustment Factor (as defined below); •Each aWME Class B Ordinary Share will be consolidated or divided into a number of aWME Class B Ordinary Shares equal to the Adjustment Factor; and •Each aWME Preferred Share will be consolidated or divided into a