Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 294

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 294
---
|:-----------|------:|:--|
| Underlying share price                     |     | $          | 10.00 |   |
| Exercise price                             |     | $          | 11.50 |   |
| Term (years)                               |     |            |   6.0 |   |
| Risk-free rate                             |     |            |   3.7 | % |
| Volatility                                 |     |            |   3.3 | % |
| De-SPAC probability with market adjustment |     |            |  20.0 | % |

NOTE 10. SEGMENT INFORMATION

ASC Topic 280, “Segment
Reporting,” establishes standards for companies to report in their financial statement information about operating segments, products,
services, geographic areas, and major customers. Operating segments are defined as components of an enterprise that engage in business
activities from which it may recognize revenues and incur expenses, and for which separate financial information is available that is
regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess
performance.

The CODM has been identified
as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions
about allocating resources and assessing financial performance. Accordingly, management has determined that there is only one reportable
segment.

<div align='center'>F-40</div>

The CODM assesses
performance for the single segment and decides how to allocate resources based on net income that also is reported on the unaudited condensed
statement of operations as net income. The measure of segment assets is reported on the balance sheet as total assets. When evaluating
the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included
in net income and total assets, which include the following:

|               |     | March 31, 
 2025      |             |
|:--------------|:----|:----------|------------:|
| Trust Account |     | $         | 156,875,931 |
| Cash          |     | $         |   1,960,838 |

|                                      |     | For the      
 Three Months 
 Ended        
 March 31,    
 2025         |           |
|:-------------------------------------|:----|:-------------|----------:|
| General and administrative expenses  |     | $            | 1,647,635 |
| Interest earned on the