Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 14

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 14
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 the event that Black Spade II completes a business combination. Of such amount, $2,007,000 will be calculated on the basis of and paid out of funds available in the Trust Account after payments made out of Trust Account to honor redemption rights of the Public Shareholders, and (ii) up to $2,295,000 is payable at Black Spade II’s and the Sponsor’s sole discretion (such discretionary amount including a fee of $1,500,000 for advisory services). In addition, Clear Street LLC holds 174,987 BSII Public Shares, 4,264 BSII units and 381,939 BSII Warrants. These interests may influence Black Spade II’s directors in making their recommendation that you vote in favor of the Business Combination Proposal, and the transactions contemplated thereby. These interests were considered by the Black Spade II Board when it approved the Business Combination. See “Proposal One — The Business Combination Proposal — Interests of Black Spade II’s Directors and Officers in the Business Combination.” The Sponsor and certain other holders of BSII II Class B Ordinary Shares and BSII Private Warrants (each, and together with the Sponsor, the “Sponsor Parties”) each has agreed, pursuant to the terms of the Sponsor Support Agreement, to vote its BSII Class B Ordinary Shares, and any other BSII securities acquired by such Sponsor Party, in favor of each of the proposals described in the accompanying proxy statement / prospectus (including each of the sub -proposals ), including the approval and adoption of the Business Combination Agreement and the Business Combination. As a result of such agreement, Black Spade II would need 5,737,501, or 37.5% (assuming all issued and outstanding BSII Shares are voted), or 956,250, or 6.25% (assuming only the minimum number of BSII Shares representing a quorum are voted), of the 15,300,000 remaining Black Spade II Class A Ordinary Shares held by the Black Spade II Public Shareholders as of the record date to approve each of the Business Combination Proposal and the Adjournment Proposal described in the accompanying proxy statement / prospectus (including each of the sub -proposals ). Additionally, Black Spade II would need 8,925,000, or 58.33% (assuming all issued and outstanding BSII Shares are voted), or 2,550,000, or 16.67% (assuming only the minimum number of BSII Shares representing