Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 204

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 204
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arrants. If our management takes advantage of this option, the notice of redemption will contain the information necessary
to calculate the number of shares of Class A Ordinary Shares to be received upon exercise of the Warrants, including the “fair
market value” in such case.

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Anti-dilution Adjustments.If
the number of outstanding Class A Ordinary Shares is increased by a capitalization or share dividend payable in Class A Ordinary Shares,
or by a subdivision of ordinary shares or other similar event, then, on the effective date of such capitalization or share dividend,
subdivision or similar event, the number of Class A Ordinary Shares issuable on exercise of each Warrant will be increased in proportion
to such increase in the outstanding ordinary shares. A rights offering to holders of ordinary shares entitling holders to purchase Class
A Ordinary Shares at a price less than the “historical fair market value” (as defined below) will be deemed a share dividend
of a number of Class A Ordinary Shares equal to the product of (i) the number of Class A Ordinary Shares actually sold in such rights
offering (or issuable under any other equity securities sold in such rights offering that are convertible into or exercisable for Class
A Ordinary Shares) and (ii) one minus the quotient of (x) the price per Class A Ordinary Share paid in such rights offering
and (y) the historical fair market value. For these purposes, (i) if the rights offering is for securities convertible into
or exercisable for Class A Ordinary Shares, in determining the price payable for Class A Ordinary Shares, there will be taken into account
any consideration received for such rights, as well as any additional amount payable upon exercise or conversion and (ii) “historical
fair market value” means the volume weighted average price of Class A Ordinary Shares as reported during the 10 trading day
period ending on the trading day prior to the first date on which the Class A Ordinary Shares trade on the applicable exchange or
in the applicable market, regular way, without the right to receive such rights.

In addition, if we, at any
time while the Warrants are outstanding and unexpired, pay a dividend or make a distribution in cash, securities or other assets to holders
of the Class A Ordinary Shares on account of such Class A Ordinary Shares (or other securities into which the Warrants are convertible),
other than (a) as described above or (b) any cash dividends or cash distributions which