Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 255

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 255
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487,500 Class B ordinary shares were forfeited, and the Sponsor subsequently holds 3,825,000 Founder Shares at
December 31, 2024.

Only holders of the Class B ordinary shares
will have the right to vote on the election of directors prior to the Business Combination. Holders of Class A ordinary shares and
holders of Class B ordinary shares will vote together as a single class on all matters submitted to a vote of the shareholder except
as otherwise required by law. In connection with the initial business combination, the Company may enter into a shareholders’ agreement
or other arrangements with the shareholders of the target or other investors to provide for voting or other corporate governance arrangements
that differ from those in effect upon completion of this offering.

The Class B ordinary shares will convert
into Class A ordinary shares concurrently with or immediately following the initial Business Combination, or earlier at the option
of the holder, on a one-for-one basis, subject to adjustment for share subdivisions, share capitalizations, recapitalizations and the
like, and subject to further adjustment as provided herein. In the case that additional Class A ordinary shares or equity-linked
securities are issued or deemed issued in connection with the initial Business Combination, the number of Class A ordinary shares
issuable upon conversion of all founder shares will equal, in the aggregate, 20% of the sum of (i) the total number of Class A
ordinary shares issued and outstanding upon completion of the Initial Public Offering, plus (ii) the total number of Class A
ordinary shares issuable upon conversion of the Class B ordinary shares issued and outstanding upon the completion of the Initial
Public Offering, plus (iii) the total number of Class A ordinary shares issued, or deemed issued or issuable upon conversion
or exercise of any equity-linked securities or rights issued or deemed issued, by the Company in connection with or in relation to the
consummation of the initial Business Combination (including securities issued or issuable pursuant to forward purchase agreements or
backstop arrangements the Company may enter into prior to or following consummation of this offering but excluding the forward purchase
warrants), excluding any Class A ordinary shares or equity-linked securities exercisable for or convertible into Class A ordinary
shares issued, or to be issued, to any seller in the initial Business Combination and any private placement warrants issued to the Sponsor,
officers or directors upon conversion of working capital loans, minus (iv) the number of Class A ordinary shares redeemed by
public shareholders; provided that such