Company: TGE
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001213900-25-057225
Chunk: 235

Company: Generation Essentials Group
Filing Date: 2025-06-24
Form: F-1
Chunk 235
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 made by the Company. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata
portion of the amount then in the Trust Account (initially anticipated to be $10.00 per Public Share, including interest earned on the
funds held in the trust account (net of amounts withdrawn to fund the working capital requirements, including for payment of any income
taxes and up to $100,000 to pay dissolution expenses, subject to an annual limit of 10% of interest earned on funds held in the trust
account (“permitted withdrawals”)). There will be no redemption rights upon the completion of a Business Combination with
respect to the Company’s warrants. The Public Shares subject to possible redemption were recorded at a redemption value and were
classified as temporary equity upon the completion of the Initial Public Offering in accordance with the Accounting Standards Codification
(“ASC”) Topic 480, “Distinguishing Liabilities from Equity.”

The Company will not redeem Public Shares in an
amount that would cause its net tangible assets to be less than $5,000,001 (so that it does not then become subject to the U.S. Securities
and Exchange Commission’s (“SEC”) “penny stock” rules) or any greater net tangible asset or cash requirement
which may be contained in the agreement relating to the Business Combination. If the Company seeks shareholder approval of the Business
Combination, the Company will proceed with a Business Combination if a majority of the outstanding shares are voted in favor of the Business
Combination, or such other vote as required by law or stock exchange rule. If a shareholder vote is not required by applicable law or
stock exchange listing requirements and the Company does not decide to hold a shareholder vote for business or other reasons, the Company
will, pursuant to its amended and restated memorandum and articles of association (the “Articles of Association”), conduct
the redemptions pursuant to the tender offer rules of the SEC and file tender offer documents with the SEC prior to completing a
Business Combination. If, however, shareholder approval of the transaction is required by applicable law or stock exchange listing requirements,
or the Company decides to obtain shareholder approval for business or other reasons, the Company will offer to redeem shares in conjunction
with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. If the Company seeks shareholder
approval in connection with a Business Combination, the Sponsor has agreed to vote its Founder Shares (as defined in Note 5) and
any