Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 62

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 62
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 of Public Shareholders vote in favor of the Business Combination Proposal and exercise their redemption rights? A:The Black Spade II Public Shareholders may vote in favor of the Business Combination and still exercise their redemption rights, although they are not required to vote in any way to exercise such redemption rights. Accordingly, the Business Combination may be consummated even though the funds available from the Trust Account and the number of Public Shareholders is substantially reduced as a result of redemptions by the Black Spade II Public Shareholders. To the extent that there are fewer Public Shares and Public Shareholders, the trading market for the aWME ordinary shares may be less liquid than the market was for the BSII Class A Ordinary Shares prior to the Business Combination, and aWME may not be able to meet the listing standards of a Qualified Stock Exchange. In addition, to the extent of any redemptions, fewer funds from the Trust Account would be available to aWME to be used in its business following the consummation of the Business Combination. Q:What happens if the Business Combination is not consummated? A:If Black Spade II does not complete the Business Combination with aWME or another business combination within the Completion Window, Black Spade II shall cease all operations except for the purpose of winding up, must redeem 100% of the outstanding Public Shares, at a per -shareprice, payable in cash, equal to an amount then held in the Trust Account (excluding interest earned and dissolution expenses) in accordance with the Black Spade II articles and, as promptly as reasonably possible following such redemption, subject to the approval of Black Spade II’s remaining shareholders and the Black Spade II Board, liquidate and dissolve. The Sponsor and Black Spade II’s officers and directors have waived their redemption rights with respect to their Founder Shares in the event a business combination is not effected in the required time period, and, accordingly, their Founder Shares will be worthless. Additionally, in the event of such liquidation, there will be no distribution with respect to Black Spade II’s outstanding warrants. Accordingly, the warrants will expire worthless. Q:When do you expect the Business Combination to be completed? A:It is currently anticipated that the Business Combination will be consummated promptly following the Meeting, which is set on , 2025; however, such Meeting could be adjourned, as described above. For a description of the conditions for the completion of the Business Combination, see the section titled “Proposal One — The