Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 272

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 272
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 B. Under the Business Combination Agreement, the Closing is conditioned on approval of the Merger Proposal. Additionally, each of the Business Combination Proposal and the Merger Proposal is cross -conditionedon the approval of each other. If any one of these proposals is not approved by the Black Spade II Shareholders, the Business Combination shall not be consummated. Vote Required for Approval The approval of the Merger Proposal will require a special resolution under Cayman Islands law and pursuant to the Black Spade II Articles, being the affirmative vote of Black Spade II Shareholders holding at least two thirds of the BSII Shares which, being so entitled, are voted on such resolution in person or by proxy at the Meeting at which a quorum is present. Abstentions, while considered present for the purpose of establishing a quorum, will have no effect on the Merger Proposal. Brokers are not entitled to vote on the Merger Proposal absent voting instructions from the beneficial holder and, consequently, while considered present for the purpose of establishing a quorum, broker non -voteswill have no effect on the Merger Proposal. Resolutions to be Voted Upon “ Resolution 2: RESOLVED, as a special resolution, that: (a)the Plan of Merger, by and among Black Spade Acquisition II Co (“Black Spade II”), WME Merger Sub Limited (“Merger Sub”) and The Generation Essentials Group (“TGE”), substantially in the form attached to the accompanying proxy statement/prospectus as Annex B (the “Plan of Merger”), be authorized and approved in all respects; (b)Black Spade II be authorized to merge with Merger Sub (the “Business Combination”) so that Black Spade II will be the surviving company (surviving the Business Combination as a wholly owned subsidiary of TGE, in accordance with the terms and subject to the conditions of the Business Combination Agreement and Plan of Merger) and all the undertaking, property and liabilities of Merger Sub shall vest in Black Spade II by virtue of the Business Combination pursuant to the provisions of the Companies Act (As Revised) of the Cayman Islands (the “Cayman Islands Companies Act”); (c)Black Spade II be authorized to enter into the Plan of Merger; (d)there being no holders of any outstanding security interest granted by Black Spade II immediately prior to the Merger Effective Time (as defined in the Plan of Merger), the Plan of Merger be executed by any one