Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 75

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 75
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laundering and sanctions; independent investigation; brokers’ fees; the Investment Company Act of 1940, as amended, and the Jumpstart Our Business Startups Act of 2012, as amended, and no outside reliance. Covenants and Agreements TGE has made covenants relating to, among other things, conduct of business, inspection, compliance with provision of Sarbanes -OxleyAct and the rules of the Qualified Stock Exchange and certain restrictions to dividend distribution to its non -votingpreferred shares. Black Spade II has made covenants relating to, among other things, conduct of business and shareholder litigation. 33 TGE, Black Spade II and Merger Sub have made joint covenants relating to, among other things, efforts to consummate the Business Combination, indemnification and insurance, preparation of the proxy statement and registration statement, shareholders’ meetings and approvals, tax matters, TGE Equity Incentive Plan| and listing requirements. Conditions to Closing The consummation of the Business Combination is conditioned upon, among other things: •the approval for listing of TGE Class A Ordinary Shares (including the TGE Warrant Shares) and the TGE Warrants contemplated to be listed pursuant to the Business Combination Agreement on a Qualified Stock Exchange immediately following the Closing; •the receipt of consents or approvals of governmental authorities as set forth on The Generation Essentials Group’s disclosure schedule; •the absence of any applicable law or governmental order enjoining, prohibiting, making illegal or preventing the consummation of the Transactions; •the receipt of required approval by Black Spade II Shareholders; •the receipt of required approval by TGE Shareholders; and •effectiveness of and the absence of any stop order issued by the SEC with respect to the registration statement on Form F -4of which this proxy statement/prospectus forms a part and no action seeking such stop order having been threatened or initiated. The obligations of The Generation Essentials Group and Merger Sub to consummate the Business Combination are further conditioned upon, among other things: •the accuracy of the representations and warranties of Black Spade II (subject to certain materiality standards set forth in the Business Combination Agreement); •material compliance by Black Spade II with its pre -closingcovenants; •the absence of a Black Spade II Material Adverse Effect that is continuing since the date of the Business Combination Agreement; •the execution of certain Ancillary Agreements and closing certificate by Black Spade II and/or its shareholders (