Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 32

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 32
---
 we deem such properties sufficiently attractive.

Acquisitions may involve
significant risks and uncertainties, including difficulties in integrating acquired businesses, including cultural challenges associated
with transitioning employees from the acquired company into our organization; failure to correctly anticipate liabilities, deficiencies
or other claims or costs; diversion of management attention from other business concerns or resources; use of resources that are needed
in other parts of our business; possible dilution of our brands or harm to our reputation; the potential loss of key employees; risks
associated with strategic relationships; risks associated with integrating operations and systems, such as financial reporting, internal
control, compliance and information technology systems, including those related to cybersecurity and data privacy, in an efficient and
effective manner; legal proceedings initiated as a result of or in connection with an acquisition or investment; omission or failure
of our due diligence processes to identify significant issues with the acquired assets or company; and other unanticipated problems and
liabilities. Our acquisitions have and could in the future also involve acquisitions of companies in event-driven special situations,
such as bankruptcies, corporate and financial restructurings and recapitalizations. Acquisitions of this type involve substantial financial
and business risks. For example, we may be forced to relinquish or otherwise lose intellectual property or other assets, write down or
write off assets, suspend, terminate or restructure our operations or incur significant losses subsequent to the acquisition and may
be faced with claims and disputes. Competition for certain types of acquisitions is significant. We may not be able to find suitable
acquisition candidates, and we may not be able to complete acquisitions or other strategic transactions on favorable terms, or at all.
Even if successfully negotiated, closed and integrated, certain acquisitions or investments may prove not to sufficiently advance our
business strategy or provide the anticipated benefits, may cause us to incur unanticipated costs or liabilities, may result in write-offs
of impaired assets, and may fall short of expected return on investment targets, which could adversely affect our business, results of
operations and financial condition.

Our history can be traced
back to AMTD IDEA’s acquisition of L’Officiel in April 2022 and The Art Newspaper in October 2023. These acquisitions
are subject to all the risks described above and their success depends, in part, on our ability to successfully manage these risks, and
to apply our editorial, subscription, advertising, marketing and operational expertise and to help grow L’Officiel and The Art
Newspaper in an efficient and profitable manner. The success