Company: TGE
Filing Date: 2025-01-27
Form Type: 425
Source: 0001213900-25-006756
Chunk: 108

Company: Generation Essentials Group
Filing Date: 2025-01-27
Form: 425
Chunk 108
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, and any applicable
rules and regulations of the SEC and the Qualified Stock Exchange (such proxy statement, together with any amendments or supplements
thereto, the “Proxy Statement”) for the purposes of the approval of the Transaction Proposals will be included as a
prospectus. BSII and the Company shall use commercially reasonable efforts to cooperate, and cause their respective Subsidiaries, as applicable,
to reasonably cooperate, with each other and their respective representatives in the preparation of the Proxy Statement and the Registration
Statement. Without limiting the generality of the foregoing, as promptly as reasonably practicable after the date of this Agreement and
in any event by no later than March 31, 2025, the Company shall deliver to BSII the Company Pro Forma Financial Statements and the
IFRS, PCAOB-audited consolidated balance sheets and statements of income, other comprehensive loss, shareholders’ equity and cash
flows as of and for the fiscal year ended December 31, 2024, together with the auditor’s report thereon (the “Company Audited FY24 Financial Statements”), which shall each comply in all material respects with applicable accounting requirements
and rules and regulations of the SEC and the Securities Act applicable to the Company as a registrant under the Registration Statement.
BSII and the Company shall (x) as promptly as reasonably practicable after the Company Audited FY24 Financial Statements are available,
file pre-effective amendments to the Proxy Statement and Registration Statement to include the Company Audited FY24 Financial Statements
and (y) use their commercially reasonable efforts to cause the Proxy Statement and the Registration Statement (as so amended) to
comply with the rules and regulations promulgated by the SEC, respond as promptly as reasonably practicable to and resolve all comments
received from the SEC concerning the Proxy Statement and the Registration Statement, to have the Registration Statement declared effective
under the Securities Act as promptly as practicable after the filing thereof and by no later than the Effectiveness Deadline, and to keep
the Registration Statement effective (1) as long as is necessary to consummate the Merger and the other Transactions and (2) until
the earlier of (A) the date on which the registration statement on Form F-1 to be filed by the Company pursuant to Section 2.1.1
of the Registration Rights Agreement, registering the resale of all Company Exchange Shares, Company Exchange Warrants and Company Warrant
Shares held or to be held by the Non-Public Eligible BSII Shareholders