Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 3

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 3
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 agents, brokers or dealers participating in such sales may be deemed to be “underwriters” within the meaning
of the Securities Act of 1933, as amended, or the “Securities Act.”

The Class A Ordinary
Shares are listed on the New York Stock Exchange (“NYSE”) under the trading symbol “TGE” and the Warrants are
listed on the New York Stock Exchange American (“NYSE American”) under the trading symbol “TGE WS.” On June 23,
2025, the closing price for the Class A Ordinary Shares on NYSE was US$7.79. On June 23, 2025, the closing price for the Warrants
on NYSE American was US$0.45.

The securities registered herein are identified in this prospectus
as the “Registered Securities.” In connection with the Business Combination, holders of 13,120,874 BSII Public Shares exercised
their right to redeem their shares for cash at a redemption price of approximately US$10.30 per share, for an aggregate redemption amount
of approximately US$135.2 million, representing approximately 85.8% of the total BSII Class A Shares outstanding as of the record date
of May 5, 2025 (the “Record Date”). Subject to the AMTD Lock-up Obligations, the Selling Securityholders can sell, under this
prospectus, up to (i) 57,401,944 Class A Ordinary Shares constituting approximately 88.7% of the total issued and outstanding Ordinary
Shares (assuming exercise of all outstanding Warrants), and (ii) 11,120,000 Warrants, representing approximately 68.6% of our outstanding
Warrants, as of the date of this prospectus. Sales of a substantial number of Registered Securities, or the perception that those sales
might occur, could result in a significant decline in the public trading price of our securities and could impair our ability to raise
capital through the sale or issuance of additional equity securities. We are unable to predict the effect that such sales may have on
the prevailing market price of our securities. Despite such a decline in the public trading price, certain Selling Securityholders may
still experience a positive rate of return on the Registered Securities due to the lower price at which they acquired the Registered Securities
compared to other public investors and may be incentivized to sell the Class A Ordinary Shares or Warrants when others are not. For example,
based on the closing price of the Class