Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 256

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 256
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 Black Spade II Board’s fiduciary duties under Cayman Islands law in the context of consideration of the Proposed Transaction with TGE, and unanimously adopted resolutions (i) determining that it is in the best interests of Black Spade II and its shareholders for Black Spade II to enter into the Business Combination Agreement, (ii) adopting the Business Combination Agreement and approving Black Spade II execution, delivery and performance of the same and the consummation of the transactions contemplated by the Business Combination Agreement including entry into the Ancillary Documents, and (iii) approving the filing of the proxy statement with the SEC, subject, in each case, to changes to the Business Combination Agreement and documentation acceptable to the authorised representative. On January 26, 2025, Clear Street LLC (“Clear Street”) and Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC (“Cohen,” and together with Clear Street, the “Advisors”) were formally engaged by Black Spade II to serve as its joint financial advisors and joint lead capital markets advisors in connection with the Business Combination. In connection therewith, the Advisors are providing capital markets advice to Black Spade II, including advice on strategic issues relating to the Business Combination such as valuation, and general assistance in implementing and closing the Business Combination, including but not limited to coordinating marketing efforts. Since the Advisors’ engagement, they have performed preparatory actions to enable them to begin actively advising and assisting the combined company after the consummation of the business combination. Among other things, the Advisors have (i) reviewed certain of TGE’s filings with the SEC and familiarized itself with TGE’s capital structure; (ii) reviewed TGE’s organizational structure and capitalization; (iii) conducted interviews with certain officers of TGE; and (iv) participated in certain joint conference calls with transaction parties and advisors to plan procedures leading up to the closing of the business combination. 151 On January 27, 2025, Black Spade II, TGE and other relevant parties executed and delivered the Business Combination Agreement and the ancillary agreements referred to therein. Afterwards, Black Spade II and TGE issued a joint press release announcing the Business Combination. Later that day, Black Spade II filed a current report on Form 8 -Kthat included the press release as exhibit. The parties have continued and expect to continue regular discussions regarding the execution and timing of the Business Combination and to take all requisite corporate actions to advance towards the closing of the Business Combination. The