Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 404

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 404
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 reference to the Amended TGE Articles as will be in effect on the Closing Date and immediately prior to the Merger Effective Time. In this section, the terms “TGE,” “we”, “our” or “us” refer to The Generation Essentials Group following the consummation of the Business Combination, and all capitalized terms used in this section are as defined in the Amended TGE Articles, unless elsewhere defined herein. TGE is a Cayman Islands exempted company with limited liability and immediately following the consummation of the Business Combination its affairs will be governed by the Amended TGE Articles, the Cayman Islands Companies Act, and the common law of the Cayman Islands. TGE’s authorized share capital will consist ofshares of a par value of US$[0.0000000264856557377049] each, consisting ofTGE Class A Ordinary Shares,TGE Class B Ordinary Shares,non -votingredeemable preferred shares (the “Non -VotingPreferred Shares”) [, and shares of a par value of US$ each of such class or classes (however designated) as the TGE board of directors may determine in accordance with the Amended TGE Articles]. All TGE Ordinary Shares issued and outstanding at the consummation of the Business Combination will be fully paid and non -assessable. The Amended TGE Articles will become effective on the Closing Date and immediately prior to the Merger Effective Time. The following are summaries of material provisions of the Amended TGE Articles and the Cayman Islands Companies Act insofar as they relate to the material terms of the TGE Ordinary Shares. Ordinary Shares General Holders of TGE Class A Ordinary Shares and TGE Class B Ordinary Shares will generally have the same rights except for voting and conversion rights. TGE will maintain a register of its shareholders and a shareholder will be entitled upon request to a share certificate. We estimate that, immediately after the Closing, (i) the existing shareholders of TGE will own 71.8% of the issued and outstanding TGE Ordinary Shares (and the AMTD Entities would hold 64.9% of TGE Shares) and AMTD Entities will beneficially own 94.4% of the total voting power of the outstanding TGE Shares, (ii) Black Spade II Public Shareholders will own 22.5% of the outstanding TGE Ordinary Shares, and (iii) the Sponsor will own 5.7% of the outstanding TGE Ordinary Shares, assuming (