Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 30

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 30
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 Agreement; “Closing Date” means the day on which the Closing occurs; “Completion Window” refers to refers to the period following the completion of Black Spade II’s IPO at the end of which, if Black Spade have not completed its initial business combination, it will redeem 100% of the BSII Public Shares at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest (net of funds withdrawn for any permitted withdrawals), divided by the number of then outstanding BSII Public Shares, subject to applicable law and certain conditions. The completion window ends (i) 27 months from the closing of Black Spade II’s Initial Public Offering, which fall on November 29, 2026 (or such earlier liquidation date as our board of directors may approve); or (ii) such other time period in which Black Spade II must consummate an initial business combination pursuant to an amendment to its amended and restated memorandum and articles of association; “Controlling Shareholder” means AMTD Group Inc.; “Dissenting Black Spade II Shareholders” means Black Spade II Shareholders who shall have validly exercised and have not effectively withdrawn or lost their dissenter’s rights for their BSII Shares in accordance with Section 238 of the Cayman Islands Companies Act and otherwise complied with all of the provisions of the Cayman Islands Companies Act relevant to the exercise and perfection of Dissent Rights, and “Dissenting BSII Shares” means the BSII Shares held by Dissenting Black Spade II Shareholders; “Dissent Rights” means the right of each holder of record of BSII Shares to dissent in respect of the Merger pursuant to Section 238 of the Cayman Islands Companies Act; “Earnout Shares” means the TGE Class A Ordinary Shares that may be issued, or caused to be issued, by TGE to AMTD Digital, AMTD IDEA Group, and AMTD Group Inc., in accordance with their respective pro rata share based on the number of TGE Class A Ordinary Shares held by them inter se, if any of the specified events pursuant to the Business Combination Agreement occur following Closing and prior to the first anniversary of the Closing Date, representing in aggregate 3% of the total number of TGE Class A Ordinary Shares outstanding as of the date such event occurs; “Effectiveness Deadline” means the date by which the Business Combination may be terminated by either TGE or Black Spade II if the Registration Statement has not