Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 30

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 30
---
 BSII Class B Ordinary Shares issued to the Sponsor prior to the Black Spade II’s IPO; “Initial Shareholders” means the Sponsor, Black Spade II’s directors and officers and certain employees of the Sponsor’s affiliates; “JOBS Act” means the Jumpstart Our Business Startups Act of 2012, as amended; “Lock -UpObligor” means each of AMTD Digital, AMTD IDEA Group, and AMTD Group Inc. pursuant to the aWME Shareholders Support Agreement; 6 “Meeting” means the extraordinary general meeting of shareholders of Black Spade II, which will be held at[a.m./p.m.] Eastern Time, on, 2025 and on such other time and date and at such other place to which the meeting may be adjourned; “Merger” means the merger between Merger Sub and Black Spade II, with Black Spade II surviving as a wholly -ownedsubsidiary of World Media and Entertainment Universal Inc. in accordance with the Business Combination Agreement; “Merger Effective Time” means the effective time of the Merger; “Merger Sub” means WME Merger Sub Limited, a Cayman Islands exempted company; “Nasdaq” means The Nasdaq Stock Market LLC; “Non -RedemptionPayment Amount” means the cash payment made by World Media and Entertainment Universal Inc. equal to $1.25 multiplied by the number of BSII Class A Ordinary Shares held by eligible Black Spade II Public Shareholders on the Closing Date immediately before the Merger Effective Time, to provide additional consideration to Black Spade II Public Shareholders; “Per Share aWME Equity Value” means the number obtained by dividing (a) the equity value of aWME (being $488,000,000) by (b) the aggregate number of ordinary shares of aWME issued and outstanding immediately prior to the Recapitalization; “Plan of Merger” means the Plan of Merger, by and among Black Spade II, Merger Sub and aWME, substantially in the form attached hereto as Annex B; “Public Warrants” are to the warrants sold as part of the units in this offering (whether they are purchased in this offering or thereafter in the open market); “Qualified Stock Exchange” means The Nasdaq Stock Market LLC (including the Capital Market, Global Market and/or the Global Select Market) or (if notified by aWME to Black Spade II in accordance with Section 9.