Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006764
Chunk: 0

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
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Filed by World Media and Entertainment Universal Inc.

Pursuant to Rule 425 under the Securities Act of 1933,

as amended, and deemed filed pursuant to Rule 14a-12

under the Securities Exchange Act of 1934, as amended

Subject Company: Black Spade Acquisition II Co

Commission File No.: 001-42258

<div align='center'>ASSIGNMENT, ASSUMPTION AND AMENDMENT AGREEMENT</div>

THIS ASSIGNMENT, ASSUMPTION AND AMENDMENT AGREEMENT
(this “Agreement”), dated as of ,
is entered into by and among World Media and Entertainment Universal Inc., an exempted company incorporated with limited liability under
the laws of the Cayman Islands (the “Company”), Black Spade Acquisition II Co, an exempted company incorporated with
limited liability under the laws of the Cayman Islands (“BSII”), and Continental Stock Transfer & Trust Company,
a New York corporation, as warrant agent (the “Warrant Agent”) and amends the Warrant Agreement (the “Existing Warrant Agreement”), dated as of August 27, 2024, by and between BSII and the Warrant Agent, a copy of which is attached
hereto as . Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the Existing
Warrant Agreement.

WHEREAS, as of the date hereof and pursuant to
the Existing Warrant Agreement, BSII issued 11,120,000 Private Placement Warrants to Sponsor and 5,100,000 Public Warrants;

WHEREAS, all of the Warrants are governed by the
Existing Warrant Agreement;

WHEREAS, the Company, WME Merger Sub Limited, a
Cayman Islands exempted company with limited liability and a wholly-owned direct subsidiary of the Company (“Merger Sub”)
and BSII entered into the Business Combination Agreement on January 27, 2025, (the “Business Combination Agreement”),
pursuant to which, among other things, Merger Sub will merge with and into BSII (the “Merger”), with BSII surviving
the Merger as a wholly-owned subsidiary of the Company;

WHEREAS, the consummation
of the transactions contemplated by the Business Combination Agreement, including the Merger, will constitute a Business Combination as
defined in the Existing Warrant Agreement;

WHEREAS, upon consummation of the Merger, as provided
in Section 4.5 of the Existing Warrant