Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 248

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 248
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, and entities with a single reportable
segment are required to provide all the disclosures required by the amendments in this ASU and existing segment disclosures in Topic 280.
This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning
after December 15, 2024, with early adoption permitted. The Company adopted ASU 2023-07 since fiscal year ended December 31,
2024 (Note 10).

Management does not believe that any recently issued,
but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements.

<div align='center'>F-13

BLACK SPADE ACQUISITION II CO
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024</div>

NOTE 3 — INITIAL PUBLIC OFFERING

Pursuant to the Initial Public Offering, on August 29,
2024, the Company sold 15,000,000 Units, at a price of $10.00 per Unit. On September 26, 2024, the underwriters purchased an
additional 300,000 Units pursuant to the partial exercise of the over-allotment option. The Units were sold at an offering
price of $10.00 per Unit, generating additional gross proceeds to the Company of $3,000,000.

Each Unit consists of one Class A ordinary
share and one-third of one redeemable warrant (“Public Warrant”). Each whole Public Warrant entitles the holder to purchase
one Class A ordinary share at a price of $11.50 per share, subject to adjustment (see Note 7). Only whole warrants are exercisable.
No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The warrants will become exercisable
on the later of 30 days after the completion of the initial Business Combination or 12 months from the closing of the Initial
Public Offering and will expire five years after the completion of the initial Business Combination or earlier upon redemption or
liquidation.

NOTE 4 — PRIVATE PLACEMENT

Simultaneously with the closing of the Initial Public
Offering, the Sponsor purchased an aggregate of 11,000,000 Private Placement Warrants at a price of $0.50 per Private Placement Warrant
($5,500,000 in the aggregate). In connection with the partial exercise of the over-allotment option, the Sponsor purchased an additional
120,