Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 273

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 273
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488. The Company has incurred and expects to continue to
incur significant costs in pursuit of its acquisition plans and will not generate any operating revenues until after the completion of
its initial business combination. In addition, the Company expects to have negative cash flows from operations as it pursues an initial
business combination target. In connection with the Company’s assessment of going concern considerations in accordance with ASC
205-40, “Going Concern”, the Company does not currently have adequate liquidity to sustain operations, which consist solely
of pursuing a Business Combination.

While the Company expects
to have sufficient access to additional sources of capital if necessary, there is no current commitment on the part of any financing
source to provide additional capital and no assurances can be provided that such additional capital will ultimately be available. This
condition raise substantial doubt about the Company’s ability to continue as a going concern for a period of time within one year
after the date that the financial statements are issued. There is no assurance that the Company’s plans to raise additional capital
(to the extent ultimately necessary) or to consummate a Business Combination will be successful or successful within the Combination
Period. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.
As is customary for a special purpose acquisition company, if the Company is not able to consummate a Business Combination during the
Combination Period, it will cease all operations and redeem the Public Shares. Management plans to continue its efforts to consummate
a Business Combination during the Combination Period.

Emerging Growth Company

The Company is an “emerging
growth company,” as defined in Section 2(a) of the Securities Act of 1933, as amended (the “Securities Act”),
as modified by the Jumpstart Our Business Startups Act of 2012, as amended (the “JOBS Act”), and it may take advantage of
certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies
including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements
of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports
and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder
approval of any golden parachute payments not previously approved.

Further, Section 102(b)(1) of
the JOBS Act exempts emerging growth companies from being required