Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 72

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 72
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 | announcements of new investments, acquisitions, strategic partnerships, or joint ventures by us or our 
 competitors;                                                                                           |

| ● | sales of our securities by us, our shareholders or our warrant holders, as well as the anticipation of 
 lock-up releases;                                                                                      |

| ● | general economic, political, regulatory, industry, and market conditions; and |

| ● | natural disasters or major catastrophic events. |

| ● | other events or factors, including those resulting from war, incidents of terrorism, natural disasters, 
 pandemics or responses to these events.                                                                 |

These and other factors may
cause the market price and demand for the Class A Ordinary Shares and Warrants to fluctuate substantially, which may limit or prevent
investors from readily selling their shares and may otherwise negatively affect the liquidity of the Class A Ordinary Shares and
Warrants. Following periods of high volatility in the market price of a company’s securities, securities class action litigation
has often been brought against that company. Because of the potential volatility of the Class A Ordinary Shares and Warrants, we
may become the target of securities litigation in the future. Securities litigation could result in substantial costs and divert management’s
attention and resources from our business.

There can be no
assurance that we will not be a passive foreign investment company for any taxable year, which could subject U.S. Holders to significant
adverse U.S. federal income tax consequences.

If we are or become a PFIC
within the meaning of section 1297 of the Code for any taxable year during which a U.S. Holder holds Class A Ordinary Shares
or Warrants, certain adverse U.S. federal income tax consequences may apply to such U.S. Holder. A non-U.S. corporation
will generally be a PFIC for U.S. federal income tax purposes if, in any taxable year, either (1) at least 75% of its gross
income for such year is passive income (such as interest, dividends, rents and royalties (other than rents or royalties derived from the
active conduct of a trade or business) and net gains from the disposition of assets giving rise to passive income) or (2) at least
50% of the value of its assets (based on an average of the quarterly values of the assets) during such year is attributable to assets
that produce or are held for the production of passive income.

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Based on the current and anticipated
value of the assets and the composition of