Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 111

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 111
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 an investment company, Black Spade II would expect to abandon its efforts to complete an initial business combination and instead to liquidate the Company. •Securities of companies formed through SPAC mergers such as Black Spade II may experience a material decline in price relative to the share price of the SPAC prior to the merger. •The proposed Business Combination could disrupt TGE’s relationships with its customers, business partners and others, as well as its operating results and business generally. 56 •Black Spade II’s directors may decide not to enforce the indemnification obligations of the Sponsor, resulting in a reduction in the amount of funds in the Trust Account available for distribution to Black Spade II Public Shareholders. •If Black Spade II is unable to consummate its initial business combination within the Completion Window, Black Spade II Public Shareholders may be forced to wait beyond the ten business day period thereafter before redemption from Black Spade II’s Trust Account. •The Sponsor and Black Spade II’s executive officers and directors have potential conflicts of interest in recommending that shareholders vote in favor of approval of the Business Combination proposal and approval of the other related proposals. Risks Relating to Ownership of Securities of The Generation Essentials Group •Upon completion of the Business Combination, Black Spade II Shareholders will become TGE shareholders, BSII Warrant holders will become holders of TGE Warrants and the market price for the TGE Class A Ordinary Shares and TGE Warrants may be affected by factors different from those that historically have affected Black Spade II. •TGE Warrants will become exercisable for TGE Class A Ordinary Shares, which would increase the number of TGE shares eligible for future resale in the public market and result in dilution to TGE shareholders. •TGE may redeem your unexpired TGE Warrants prior to their exercise at a time that is disadvantageous to you, thereby making your TGE Warrants worthless. •If securities or industry analysts do not publish research, publish inaccurate or unfavorable research or cease publishing research about TGE, its share price and trading volume could decline significantly. •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. •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. •There can be no assurance that TGE will not