Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 243

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 243
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7% of TGE’s Ordinary Shares, BSII Founder Shareholders, which consists of the Sponsor, Black Spade II’s directors and officers and certain of the Sponsor’s affiliates and employees, would own approximately 6.3% of TGE Ordinary Shares and TGE Shareholders will retain an aggregate of approximately 81.0% of TGE’s Ordinary Shares. The AMTD Entities would collectively hold 96.2% of voting interests in TGE’s Ordinary Shares. •under the maximum redemption scenario, Black Spade II Public Shareholders would own an ownership interest of approximately 0.9% of TGE’s Ordinary Shares, BSII Founder Shareholders, which consists of the Sponsor, Black Spade II’s directors and officers and certain of the Sponsor’s affiliates and employees, would own approximately 7.2% of TGE Ordinary Shares and TGE Shareholders will retain an aggregate of approximately 91.9% of TGE’s Ordinary Shares. The AMTD Entities would collectively hold 97.8% of voting interests in TGE’s Ordinary Shares. Merger Consideration Pursuant to the Business Combination Agreement, among other things, prior to the effective time of the Merger (the “Merger Effective Time”), TGE will re -designate: •Each ordinary share of TGE (other than non -votingordinary shares) that is not held by AMTD Digital Inc. (“AMTD Digital”) into one Class A ordinary share of TGE (“TGE Class A Ordinary Share”); 145 •Each ordinary share of TGE (other than non -votingordinary shares) that is held by AMTD Digital into one Class B ordinary share of TGE (“TGE Class B Ordinary Share”); and •Each non -votingordinary share of TGE into one non -votingpreferred share of TGE (“TGE Preferred Share”). Pursuant to the Business Combination Agreement, immediately after the completion of the re -designationof shares and immediately prior to the Merger Effective Time, TGE will effect a share consolidation or subdivision such that: •Each TGE Class A Ordinary Share will be consolidated or divided into a number of TGE Class A Ordinary Shares equal to the Adjustment Factor (as defined below); •Each TGE Class B Ordinary Share will be consolidated or divided into a number of TGE Class B Ordinary Shares equal to the Adjustment Factor; and •Each TGE Preferred Share will be consolidated or divided into a number of TGE Preferred Shares equal to the Adjustment Factor (as