Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 212

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 212
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 of its service as a depository and clearing agency for the TGE Class A Ordinary Shares and the TGE Warrants. We expect these actions, among others, will result in DTC agreeing to accept the TGE Class A Ordinary Shares and the TGE Warrants for deposit and clearing within its facilities. DTC is not obligated to accept TGE Class A Ordinary Shares or the TGE Warrants for deposit and clearing within its facilities in connection with the listing, and even if DTC does initially accept TGE Class A Ordinary Shares or the TGE Warrants, it will generally have discretion to cease to act as a depository and clearing agency for TGE Class A Ordinary Shares or the TGE Warrants. 124 If DTC determines prior to the consummation of the Business Combination that TGE Class A Ordinary Shares or the TGE Warrants are not eligible for clearance within the DTC system, then we would not expect to consummate the Business Combination or the listing contemplated by this proxy statement/prospectus in its current form. However, if DTC determines at any time after the completion of the transactions and the listing that TGE Class A Ordinary Shares or the TGE Warrants were not eligible for continued deposit and clearance within its facilities, then we believe that TGE Class A Ordinary Shares or TGE Warrants would not be eligible for continued listing on a U.S. securities exchange and trading in the securities or warrants would be disrupted. While we would pursue alternative arrangements to preserve its listing and maintain trading of its securities, any such disruption could have a material adverse effect on the market price of TGE Class A Ordinary Shares and the TGE Warrants. Risks Relating to Redemption of Black Spade II Public Shares If a shareholder fails to receive notice of Black Spade II’s offer to redeem the BSII Public Shares in connection with the Business Combination, such shares may not be redeemed. Black Spade II will comply with the proxy rules when conducting redemptions in connection with the Business Combination. Despite Black Spade II’s compliance with these rules, if a shareholder fails to receive Black Spade II’s proxy materials, such shareholder may not become aware of the opportunity to redeem its shares. In addition, proxy materials that Black Spade II furnishes to the Black Spade II Public Shareholders in connection with the Business Combination will describe the various procedures that must be complied with in order to validly redeem the BSII Public Shares. For example, Public Shareholders seeking to exercise their redemption rights, whether they