Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 132

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 132
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privileged communications or information of the Company. The Company acknowledges that the foregoing provisions apply whether or not any
legal counsel (including Latham & Watkins LLP and Appleby) that represented BSII and/or the Sponsor prior to the Closing provides
legal services to the Company, BSII or any other Company Waiving Parties after the Closing Date.

<div align='center'>[Signature pages follow.]

98</div>

IN WITNESS WHEREOF the parties have hereunto caused
this Agreement to be duly executed as of the date hereof.

| BLACK SPADE ACQUISITION II CO |                        |                                         |
| By:                           | /s/ Chi Wai Dennis Tam |                                         |
|                               | Name:                  | Chi Wai Dennis Tam                      |
|                               | Title:                 | Chairman and Co-Chief Executive Officer |

<div align='center'>[Signature Page to Business Combination Agreement]</div>

IN WITNESS WHEREOF the parties have hereunto caused
this Agreement to be duly executed as of the date hereof.

| WORLD MEDIA AND ENTERTAINMENT UNIVERSAL INC. |                          |                      |
| By:                                          | /s/ Feridun Hamdullahpur |                      |
|                                              | Name:                    | Feridun Hamdullahpur |
|                                              | Title:                   | Director             |

<div align='center'>[Signature Page to Business Combination Agreement]</div>

IN WITNESS WHEREOF the parties have hereunto caused
this Agreement to be duly executed as of the date hereof.

| WME Merger Sub Limited |                          |                      |
| By:                    | /s/ Feridun Hamdullahpur |                      |
|                        | Name:                    | Feridun Hamdullahpur |
|                        | Title:                   | Director             |

<div align='center'>[Signature Page to Business Combination Agreement]

ANNEX A

FORM OF LISTING ARTICLES

(attached)

A-1

THE COMPANIES ACT (AS REVISED)

OF THE CAYMAN ISLANDS

COMPANY LIMITED BY SHARES

THE FOURTH AMENDED AND RESTATED

MEMORANDUM OF ASSOCIATION

OF

WORLD MEDIA AND ENTERTAINMENT UNIVERSAL INC.

(adopted by a Special Resolution dated [●]
and effective on [●])</div>

| 1. | The name of the Company is World Media and Entertainment Universal Inc. |

| 2. | The Registered Office of the Company will be situated at the offices of Conyers