Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 190

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 190
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 Securities Act. If and when the warrants become redeemable by us, we may exercise our redemption right even if we are unable to register or qualify the underlying securities for sale under all applicable state securities laws. As a result, we may redeem the public warrants as set forth above even if the holders are otherwise unable to exercise 112 the Public Warrants. Redemption of the outstanding warrants could force you to (i) exercise your warrants and pay the exercise price therefor at a time when it may be disadvantageous for you to do so, (ii) sell your warrants at the then -currentmarket price when you might otherwise wish to hold your warrants, or (iii) accept the nominal redemption price which, at the time the outstanding warrants are called for redemption, is likely to be substantially less than the market value of your warrants. Except as described above, none of the Private Placement Warrants will be redeemable by us so long as they are held by our Sponsor or its permitted transferees. For context regarding the thresholds above, historical trading prices for our BSII Class A Ordinary Shares have varied between a low of approximately $ per share in, to a high of approximately $per share in. For illustrative purposes, the closing price of BSII Class A Ordinary Shares was $on Nasdaq on. Notice of redemption shall be mailed by first class mail, postage prepaid, by us not less than thirty (30) days prior to the redemption date we fixed for the redemption to the registered holders of the Public Warrants to be redeemed at their last addresses as they shall appear on the registration books. Any notice mailed in the manner herein provided shall be conclusively presumed to have been duly given whether or not the registered holder received such notice. In addition, beneficial owners of the warrants will be notified of such redemption by our posting of the redemption notice to DTC. Black Spade II’s ability to successfully effect the Business Combination and TGE’s ability to successfully operate the business thereafter will be largely dependent upon the efforts of certain key personnel of TGE, all of whom Black Spade II expects to stay with TGE following the Closing. The loss of such key personnel could negatively impact the operations and financial results of the combined business. Black Spade II’s ability to successfully effect the Business Combination and TGE’s ability to successfully operate the business following the Closing is dependent upon the efforts of certain key personnel of TGE. Although Black Spade II expects key personnel to remain with TGE following the Business Combination, there can be no assurance that they