Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 214

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 214
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, and (iii) the redemption of Public Shares if Black Spade II has not completed an initial business combination within the Completion Window, subject to applicable law and as further described herein. Public Shareholders who redeem their Public Shares in connection with a shareholder vote described in clause (ii) in the preceding sentence shall not be entitled to funds from the Trust Account upon the subsequent completion of an initial business combination or liquidation if Black Spade II has not completed the Business Combination within the Completion Window, with respect to such Public Shares so redeemed. In no other circumstances will a Public Shareholder have any right or interest of any kind in the Trust Account. Holders of Public Warrants will not have any right to the proceeds held in the Trust Account with respect to the Public Warrants. Accordingly, to liquidate your investment, you may be forced to sell your Public Shares or Public Warrants, potentially at a loss. There is no guarantee that a Public Shareholder’s decision whether to redeem their shares for a pro rata portion of the Trust Account will put such shareholder in a better future economic position. No assurance can be given as to the price at which a Public Shareholder may be able to sell TGE ordinary shares in the future. Certain events following the consummation of the Business Combination may cause an increase in TGE’s share price, and may result in a lower value realized now than a Public Shareholder might realize in the future had the Black Spade II Public Shareholder not elected to redeem their Public Shares. Similarly, if a Public Shareholder does not redeem his, her or its shares, such shareholder will bear the risk of ownership of TGE ordinary shares, and there can be no assurance that a shareholder can sell his, her or its TGE ordinary shares in the future for 124 a greater amount than the redemption price set forth in this proxy statement/prospectus. Any Public Shareholder should consult his, her or its own tax and/or financial advisor for assistance on how this may affect its individual situation. The ability of Public Shareholders to exercise redemption rights with respect to a large number of BSII Ordinary Shares could increase the probability that the Business Combination would be unsuccessful and that you would have to wait for liquidation in order to redeem BSII Shares. If the Business Combination is not consummated, you would not receive your pro rata portion of the Trust Account until the Trust Account is liquidated. If you are in need of immediate liquidity, you could attempt to sell your BSII Ordinary Shares in the open