Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 32

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 32
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 LLC II, a Cayman Islands limited liability company; “Surviving Entity” means the surviving entity of the Merger; “Transactions” means the Business Combination and other transactions contemplated by the Business Combination Agreement; “Trust Account” means the trust account established for the purpose of holding the net proceeds from Black Spade II’s IPO; “Units” means the units issued in the Black Spade II’s IPO, each consisting of one BSII Class A Ordinary Share and one -thirdof a BSII Public Warrant; “Unit Separation” means the automatic detachment of each Unit outstanding immediately prior to the Merger Effective Time, as a result of which the holder thereof shall be deemed to hold one BSII Class A Ordinary Share and one -thirdof an BSII Warrant in accordance with the terms of the applicable Unit; “U.S. Dollars,” “USD,” “US$,” and “$” means United States dollars, the legal currency of the United States; “Warrant Agreement” means the Warrant Agreement dated as ofAugust 27, 2024, between Black Spade II and Continental Stock Transfer & Trust Company; Unless otherwise specified, the voting and economic interests of the combined company’s shareholders set forth in this proxy statement/prospectus assume the following: •aWME is valued at US$488,000,000 on a pre -moneyequity value basis. •No Founder Shares are transferred by the Sponsor as consideration to induce Black Spade II Shareholders to waive its redemption rights. •The BSII Founder Shareholders and holders of any equity securities of World Media and Entertainment Universal Inc. do not purchase any BSII Public Shares in the open market. •No Black Spade II Public Shareholder exercises appraisal rights pursuant to the Cayman Islands Companies Act. •No BSII Public Share or Founder Share is held in Black Spade II’s treasury or owned by World Media and Entertainment Universal Inc., Merger Sub, or any other wholly -ownedsubsidiary of World Media and Entertainment Universal Inc. •There are no other issuances of equity interests of World Media and Entertainment Universal Inc. or Black Spade II not described in this proxy statement/prospectus. In addition, unless otherwise specified, the voting and economic interests of the combined company’s shareholders set forth in this proxy statement/prospectus do not take into account the BSII Public Warrants or the BSII Private Warrants, which will convert into aWME Warrants at the Closing. The BSII Public Warrants represent