Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 239

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 239
---
 shares with respect to more than an aggregate
of 15% of the Public Shares, without the prior consent of the Company.

The Sponsor has agreed (a) to waive its redemption
rights with respect to the Founder Shares and Public Shares held by it in connection with the completion of a Business Combination and
(b) not to propose an amendment to the Articles of Association (i) to modify the substance or timing of the Company’s
obligation to allow redemptions in connection with a Business Combination or to redeem 100% of its Public Shares if the Company does not
complete a Business Combination within the Combination Period (as defined below) or (ii) with respect to any other provision relating
to shareholders’ rights or pre-business combination activity, unless the Company provides the Public Shareholders with the opportunity
to redeem their Public Shares in conjunction with any such amendment.

<div align='center'>F-8

BLACK SPADE ACQUISITION II CO
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024</div>

NOTE 1 — DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS (cont.)

If the Company has not completed a Business Combination
within 24 months from the closing of the Initial Public Offering (or 27 months from the closing of the Initial Public Offering
if the Company has executed a letter of intent, agreement in principle or definitive agreement for an initial business combination within
24 months from the closing of the Proposed Public Offering) (the “Combination Period”), the Company will (i) cease
all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days
thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust
Account, including interest earned on the funds held in the Trust Account and not previously released to pay taxes (less funds withdrawn
for any permitted withdrawals), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public
Shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), and (iii) as
promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining shareholders and the
Company’s board of directors, dissolve and liquidate, subject in each case to the Company’s obligations under Cayman Islands
law to provide for claims of creditors and the requirements of other applicable law. There will