Company: TGE
Filing Date: 2025-03-21
Form Type: DRSLTR
Source: 0001013762-25-001138
Chunk: 9

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRSLTR
Chunk 9
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 complete an           
 initial business combination may be limited. Further, disclose that the time necessary for          
 government review of the transaction or a decision to prohibit the transaction could prevent        
 you from completing an initial business combination and require you to liquidate. Disclose          
 the consequences of liquidation to investors, such as the losses of the investment opportunity      
 in a target company, any price appreciation in the combined company, and the warrants, which        
 would expire worthless.                                                                             |

In response to the Staff’s
comment, the Company has revised the disclosure on pages 113-114 of the Revised Draft Registration Statement.

| 21. | Disclose, in a tabular format to the extent practicable, the                                     
 material terms of any agreement, arrangement, or understanding regarding restrictions on         
 whether and when the SPAC sponsor and its affiliates may sell securities of the special purpose  
 acquisition company, including the date(s) on which the agreement, arrangement, or understanding 
 may expire. Refer to Item 1603(a)(9) of Regulation S-K.                                          |

In response to the Staff’s
comment, the Company has revised the disclosure on page 172 of the Revised Draft Registration Statement.

Securities and Exchange Commission

March 21, 2025

Page 9

| 22. | Please tell us, with a view toward disclosure, whether you have                               
 received notice from the underwriters or any other firm engaged in connection with the SPAC’s 
 initial public offering about ceasing involvement in your transaction and how that may impact 
 your deal, including the deferred underwriting compensation owed for the SPAC’s initial       
 public offering.                                                                              |

The Company respectfully confirms
that Black Spade II has not received notice from the underwriters of its IPO or any other firm engaged in connection with Black Spade
II's IPO about ceasing involvement in the proposed transaction.

| 23. | Please provide the information required by General Instruction 
 I.2(f) of Form F-4.                                            |

In response to the Staff’s
comment, the Company has revised the disclosure on page 265 of the Revised Draft Registration Statement.

| 24. | Please clarify whether or not the Black Spade II board reviewed                             
 any financial projections of aWME prepared by any of the parties named herein in connection 
 with the business combination.                                                              |

In response to the Staff’s
comment, the Company has revised the disclosure on pages 47 and 152 of the Revised Draft Registration Statement.

| 25. | Please provide the Intellectual