Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 394

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 394
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 the terms “aWME,” “we”, “our” or “us” refer to World Media and Entertainment Universal Inc. following the consummation of the Business Combination, and all capitalized terms used in this section are as defined in the Amended aWME Articles, unless elsewhere defined herein. aWME is a Cayman Islands exempted company with limited liability and immediately following the consummation of the Business Combination its affairs will be governed by the Amended aWME Articles, the Cayman Islands Companies Act, and the common law of the Cayman Islands. aWME’s authorized share capital will consist ofshares of a par value of US$[0.0001] each, consisting ofaWME Class A Ordinary Shares,aWME Class B Ordinary Shares,non -votingredeemable preferred shares (the “Non -VotingPreferred Shares”) [, and shares of a par value of US$ each of such class or classes (however designated) as the aWME board of directors may determine in accordance with the Amended aWME Articles]. All aWME Ordinary Shares issued and outstanding at the consummation of the Business Combination will be fully paid and non -assessable. The Amended aWME Articles will become effective on the Closing Date and immediately prior to the Merger Effective Time. The following are summaries of material provisions of the Amended aWME Articles and the Cayman Islands Companies Act insofar as they relate to the material terms of the aWME Ordinary Shares. Ordinary Shares General Holders of aWME Class A Ordinary Shares and aWME Class B Ordinary Shares will generally have the same rights except for voting and conversion rights. aWME will maintain a register of its shareholders and a shareholder will be entitled upon request to a share certificate. [We estimate that, immediately after the Closing, (i) the existing shareholders of aWME will own [•]% of the issued and outstanding aWME Ordinary Shares (and [•] will own [•]% of the outstanding aWME Ordinary Shares (and all of the outstanding aWME Class B Ordinary Shares), representing [•]% of aWME’s total voting power), (ii) Black Spade II Public Shareholders will own [•]% of the outstanding aWME Ordinary Shares, and (iii) the Sponsor will own [•]% of the outstanding aWME Ordinary Shares, assuming (a) none of the Black Spade II Public Shareholders exercise their redemption rights,