Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 77

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 77
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 issued and outstanding, which includes 11,120,000 Private Placement Warrants and 5,100,000 Public Warrants. Each warrant entitles the holder thereof to purchase one share of BSII Class A Ordinary Share and, following the Business Combination, will entitle the holder thereof to purchase one share of TGE Class A Ordinary Share. Under the “no redemptions” scenario, upon completion of the Business Combination, Black Spade II Public Shareholders would own an ownership interest of approximately 22.5% of TGE’s Ordinary Shares, BSII Founder Shareholders, which consists of the Sponsor, Black Spade II’s directors and officers and certain of the Sponsor’s affiliates and employees, would own approximately 5.7% of TGE Ordinary Shares and TGE Shareholders will retain an aggregate of approximately 71.9% of TGE’s Ordinary Shares. The AMTD Entities would collectively hold 94.4% of voting interests in TGE’s Ordinary Shares. Under the 25% redemptions scenario, upon completion of the Business Combination, Black Spade II Public Shareholders would own an ownership interest of approximately 17.9% of TGE’s Ordinary Shares, BSII Founder Shareholders, which consists of the Sponsor, Black Spade II’s directors and officers and certain of the Sponsor’s affiliates and employees, would own approximately 6.0% of TGE Ordinary Shares and TGE Shareholders will retain an aggregate of approximately 76.1% of TGE’s Ordinary Shares. The AMTD Entities would collectively hold 95.3% of voting interests in TGE’s Ordinary Shares. Under the 50% redemption scenario, upon completion of the Business Combination, Black Spade II Public Shareholders would own an ownership interest of approximately 12.7% of TGE’s Ordinary Shares, BSII Founder Shareholders, which consists of the Sponsor, Black Spade II’s directors and officers and certain of the Sponsor’s affiliates and employees, would own approximately 6.3% of TGE Ordinary Shares and TGE Shareholders will retain an aggregate of approximately 81.0% of TGE’s Ordinary Shares. The AMTD Entities would collectively hold 96.2% of voting interests in TGE’s Ordinary Shares. Under the 75% redemptions scenario, upon completion of the Business Combination, Black Spade II Public Shareholders would own an ownership interest of approximately 6.8% of TGE’s Ordinary Shares, BSII Founder Shareholders, which consists