Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 274

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 274
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 Share will be consolidated or divided into a number of TGE Class A Ordinary Shares equal to the Adjustment Factor 
 (as defined below);                                                                                                                    |

<div align='center'>F-29</div>

| ● | Each                                                                                                                                    
 TGE Class B Ordinary Share will be consolidated or divided into a number of TGE Class B Ordinary Shares equal to the Adjustment Factor; 
 and                                                                                                                                     |

| ● | Each                                                                                                                                 
 TGE Preferred Share will be consolidated or divided into a number of TGE Preferred Shares equal to the Adjustment Factor (as defined 
 below)                                                                                                                               |

(such actions, collectively,
the “Recapitalization”).

The “Adjustment
Factor” will be the number resulting from dividing the Per Share TGE Equity Value by $10.00. The “Per Share TGE Equity Value”
will be obtained by dividing (a) the equity value of TGE (being $488,000,000) by (b) the aggregate number of ordinary shares of TGE issued
and outstanding immediately prior to the Recapitalization.

At the Merger Effective
Time and as a result of the Merger:

| ● | Each                                                                                                                               
 Class B ordinary share of the Company, par value $0.0001 per share (“BSII Class B Ordinary Shares”) that is                        
 issued and outstanding immediately prior to the Merger Effective Time will be automatically cancelled in exchange for the right to 
 receive one TGE Class A Ordinary Share;                                                                                            |

| ● | Each                                                                                                                                         
 Class A ordinary share of the Company, par value $0.0001 per share (“BSII Class A Ordinary Share”) that is                                   
 issued and outstanding immediately prior to the Merger Effective Time (other than such BSII Class A Ordinary Shares that are treasury        
 shares, validly redeemed shares or BSII Dissenting Shares (as defined below)) will be cancelled in exchange for the right to receive one TGE 
 Class A Ordinary Share;                                                                                                                      |

| ● | Each                                                                                               
 BSII Class A Ordinary Share that is held as a treasury share will be cancelled and cease to exist; |

| ● | Each                                                                                                                                   
 issued and outstanding BSII Class A Ordinary Share that is validly redeemed will be cancelled in exchange for the right to be paid     
 a pro rata share of the aggregate amount payable with respect to the exercise of the redemption rights of Black Spade II Shareholders; 
 and                                                                                                                                    |

| ● | Each                                                                                                                                   
 issued and outstanding BSII Class A Ordinary Share that is held by any person