Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 193

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 193
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. In the event that TGE obtains securities or industry analyst coverage, if one or more of the analysts who cover TGE downgrade their assessment of TGE or publish inaccurate or unfavorable research about our business, the market price and liquidity for TGE Ordinary Shares and TGE Warrants could be negatively impacted. Future resales of TGE Ordinary Shares issued to TGE shareholders and other significant shareholders may cause the market price of the TGE Class A Ordinary Shares to drop significantly, even if TGE’s business is doing well. Pursuant to the TGE Shareholder Support Agreement, AMTD Digital Inc., AMTD IDEA Group and AMTD Group Inc. will be restricted, subject to certain exceptions, from selling any of the TGE Ordinary Shares that they receive as a result of the share exchange, which restrictions will expire, and therefore additional TGE Ordinary Shares will be eligible for resale three years after Closing. Subject to the TGE Shareholder Support Agreement, TGE shareholders may sell TGE Securities pursuant to Rule 144 under the Securities Act, if available. In these cases, the resales must meet the criteria and conform to the requirements of that rule. Upon expiration or waiver of the applicable lock -upperiods, and upon effectiveness of the registration statement TGE files pursuant to the Registration Rights Agreement or upon satisfaction of the requirements of Rule 144 under the Securities Act, TGE shareholders may sell large amounts of TGE Securities in the open market or in privately negotiated transactions. This registration statement also covers the resale of up to 3,825,000 TGE Class A Ordinary Shares, 11,120,000 TGE Warrants and 11,120,000 TGE Class A Ordinary Shares underlying these TGE Warrants by the Initial Shareholders. The Initial Shareholders are not subject to any contract restrictions with respect to the transfer of the TGE Class A Ordinary Shares they will hold upon completion of the Business Combination. Any future resale by TGE shareholders and the Initial Shareholders which could have the effect of increasing the volatility in the price of TGE securities or putting significant downward pressure on the price of TGE securities. A market for TGE Class A Ordinary Shares may not develop, which would adversely affect the liquidity and price of TGE Class A Ordinary Shares. An active trading market for TGE Class A Ordinary Shares may never develop or, if developed, may not be sustained. You may be unable to sell your TGE Class A Ordinary Shares unless a market can be established and sustained. This risk will be exacerbated if