Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 217

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 217
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 available and sets the limitations on such rights. Where such rights are available, shareholders are entitled to receive fair value for their shares. However, regardless of whether such rights are or are not available, Black Spade II Public Shareholders are still entitled to exercise the rights of redemption in respect to their BSII Public Shares as set out herein, and the Black Spade II Board has determined that the redemption proceeds payable to Black Spade II Public Shareholders who exercise such redemption rights represent the fair value of those shares. See the section titled “Proposal Two — The Merger Proposal — Appraisal Rights Under the Cayman Islands Companies Act” for additional information. Holders of BSII Public Warrants or Units do not have appraisal rights in respect to such securities in connection with the Business Combination under the Cayman Islands Companies Act. Proxy Solicitation Costs Black Spade II is soliciting proxies on behalf of the Black Spade II Board. This solicitation is being made by mail but also may be made by telephone. Black Spade II and its directors, officers and employees may also solicit proxies online. Black Spade II will file with the SEC all scripts and other electronic communications as proxy soliciting materials. Black Spade II will bear the cost of the solicitation. Black Spade II has hiredto assist in the proxy solicitation process. Black Spade II has agreed to paya fee of $plus disbursements. Black Spade II will ask banks, brokers and other institutions, nominees and fiduciaries to forward the proxy materials to their principals and to obtain their authority to execute proxies and voting instructions. Black Spade II will reimburse them for their reasonable expenses. Other Matters As of the date of this proxy statement/prospectus, the Black Spade II Board does not know of any business to be presented at the Meeting other than as set forth in the notice accompanying this proxy statement/prospectus. If any other matters should properly come before the Meeting, it is intended that the shares represented by proxies will be voted with respect to such matters in accordance with the judgment of the persons voting the proxies. Interests of Black Spade II’s Directors and Officers in the Business Combination In considering the recommendation of the Black Spade II Board to vote in favor of approval of the Business Combination Proposal and the Merger Proposal, shareholders should keep in mind that the Sponsor and Black Spade II’s directors and executive officers have interests in such proposals that are different from, or in addition to, those of Black Spade II Shareholders generally. In particular