Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 303

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 303
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 -balancesheet arrangements. We have not entered into any off -balancesheet financing arrangements, established any special purpose entities, guaranteed any debt or commitments of other entities, or purchased any non -financialassets. Contractual Obligations We do not have any long -termdebt obligations, capital lease obligations, operating lease obligations, purchase obligations, off -balancesheet arrangements or long -termliabilities other than described as below. Administrative Service Fee We entered into an agreement with an affiliate of the Sponsor on August 23, 2024, pursuant to which we agreed to pay the Sponsor $20,000 per month for office space, utilities and secretarial and administrative support services. Underwriting Agreement We granted the underwriters a 45 -dayoption from the date of our Initial Public Offering to purchase up to 2,250,000 additional Units to cover over -allotments, if any, at our Initial Public Offering price less the underwriting discounts and commissions. On September 26, 2024, the underwriters purchased an additional 300,000 Units pursuant to the partial exercise of the over -allotmentoption. The underwriters have forfeited the remaining option to purchase the 1,950,000 Units. The underwriters were entitled to a cash underwriting discount of $0.20 per Unit, or 2%, or $3,000,000 in aggregate, paid at the closing of our Initial Public Offering. The underwriters paid us an aggregate amount of $400,000 at the closing of our Initial Public Offering as reimbursement to us for certain of our expenses and fees incurred in connection with our Initial Public Offering. Additionally, the underwriters were entitled to a 180 cash underwriting discount of $60,000 for the partial over -allotmentexercise, which closed and was paid on September 26, 2024. In addition, the underwriters were entitled to a deferred fee of up to $0.30 per Unit, or 3% of the gross proceeds of the offering, or up to $4,257,000 in the aggregate (including the partial over -allotmentexercised which closed on September 26, 2024). The deferred fee will be payable to the underwriters from the amounts held in the Trust Account solely in the event that we complete a business combination, subject to the terms of the underwriting agreement. Critical Accounting Policies The preparation of the financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires