Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 51

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 51
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au. Giampietro Baudo is expected to serve as the Chief Executive Officer of TGE, and Samuel Chau is expected to serve as the Chief Financial Officer of TGE. See the section titled “Management of TGE Following the Business Combination.” Q:What happens if I sell my BSII Ordinary Shares before the Meeting? A:The Record Date for the Meeting will be earlier than the date that the Business Combination is expected to be completed. If you transfer your BSII Ordinary Shares after the Record Date, but before the Meeting, unless the transferee obtains from you a proxy to vote those shares, you will retain your right to vote at the Meeting. However, you will not be entitled to receive any TGE ordinary shares following the Closing because only Black Spade II Shareholders on the date of the Closing will be entitled to receive TGE ordinary shares in connection with the Closing. Q:Did the Black Spade II Board obtain a third -party valuation or fairness opinion in determining whether or not to proceed with the Business Combination? A:As is customary for a transaction of this nature that is on arm’s -lengthcommercial terms, the Black Spade II Board did not obtain a fairness opinion in connection with their determination to approve the Business Combination with TGE. Black Spade II’s officers and the Black Spade II Board have substantial experience in evaluating the operating and financial merits of companies from a wide range of industries and concluded that their experience and backgrounds, together with the experience and sector expertise of Black Spade II’s financial advisors, Clear Street LLC and Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, (“Advisors”), enabled them to make the necessary analyses and determinations regarding the Business Combination with TGE. In connection with their role as joint capital market and financial advisors, Black Spade II has agreed to pay the Advisors a fee of $1.5 million for advisory services (which will be payable from the amounts held in the Trust Account solely in the event that Black Spade II completes a business combination as part of the Black Spade II Initial Public Offering underwriters’ deferred underwriting fee of up to $4,302,000). In addition, Black Spade II’s officers and the Black Spade II Board and its advisors have substantial experience with mergers and acquisitions. During negotiation of the terms of the Business Combination Agreement, the Black Spade II Board received information from its financial advisors, Clear Street LLC and Cohen & Company Capital Markets, and researched publicly available information