Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 369

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 369
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c) resigns his or her office by notice in writing to World Media and Entertainment Universal Inc., (d) without 242 special leave of absence from the board, is absent from meetings of the board for three consecutive meetings, and the board resolves that his or her office be vacated; or (e) is removed from office pursuant to any other provision of the Amended aWME Articles. Foreign Private Issuer Status World Media and Entertainment Universal Inc. is an exempted company limited by shares incorporated in 2023 under the laws of the Cayman Islands. After the consummation of the Business Combination, World Media and Entertainment Universal Inc. will report under the Exchange Act as a non -U.S. company with foreign private issuer status. Under Rule 405 of the Securities Act, the determination of foreign private issuer status is made annually on the last business day of an issuer’s most recently completed second fiscal quarter. For so long as World Media and Entertainment Universal Inc. qualifies as a foreign private issuer, it will be exempt from certain provisions of the Exchange Act that are applicable to U.S. domestic public companies, including: •the rules under the Exchange Act requiring the filing of quarterly reports on Form 10 -Qor current reports on Form 8 -Kwith the SEC; •the sections of the Exchange Act regulating the solicitation of proxies, consents, or authorizations in respect of a security registered under the Exchange Act; •the sections of the Exchange Act requiring insiders to file public reports of their share ownership and trading activities and liability for insiders who profit from trades made in a short period of time; and •the selective disclosure rules by issuers of material nonpublic information under Regulation Fair Disclosure, or Regulation FD, which regulates selective disclosure of material non -publicinformation by issuers. World Media and Entertainment Universal Inc. will be required to file an annual report on Form 20 -Fwithin four months of the end of each fiscal year. In addition, World Media and Entertainment Universal Inc. intends to publish its results on a quarterly basis through press releases, distributed pursuant to the rules and regulations of . Press releases relating to financial results and material events will also be furnished to the SEC on Form 6 -K. However, the information World Media and Entertainment Universal Inc. is required to file with or furnish to the SEC will be less extensive and less timely compared to that required to be filed with the SEC by U.S. domestic issuers. Accordingly, after the Business Combination, World Media and Entertainment Universal Inc.