Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 53

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 53
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 extent there are disruptions in our or third-party
payment processing systems; errors in charges made to customers; material changes in the payment ecosystem such as large reissuances of
payment cards by credit card issuers; or significant changes to certifications, rules, regulations, industry standards or laws concerning
payment processing, our ability to accept payments could be hindered, we could experience increased costs or be subject to fines or civil
liability, which could harm our reputation and adversely impact our revenues, operating expenses and results of operations.

In addition, we may experience
fraudulent use of payment methods for subscriptions to our digital products. If we are unable to adequately control and manage this practice,
it could result in inaccurately inflated customer figures used for internal planning purposes and public reporting, which could adversely
affect our ability to manage our business and harm our reputation. If we are unable to maintain our fraud and chargeback rate at acceptable
levels, our card approval rate may be impacted, and card networks could impose fines and additional card authentication requirements or
terminate our ability to process payments, which would impact our business and results of operations as well as result in negative customer
perceptions of our brands. We have taken measures to detect and reduce fraud, but these measures may not be or remain effective and may
need to be continually improved as fraudulent schemes become more sophisticated. These measures may add friction to our subscription processes,
which could adversely affect our ability to add and retain audience.

The termination of our ability
to accept payments on any major payment method would significantly impair our ability to operate our business, including our ability to
add and retain audience and collect subscription and advertising revenues, and would adversely affect our results of operations.

Defects, delays
or interruptions in the cloud-based hosting services we utilize could adversely affect our reputation and operating results.

We currently utilize third-party
subscription-based software services as well as public cloud infrastructure services to provide solutions for many of our computing and
bandwidth needs. Any interruptions to these services could result in interruptions in service to our customers and our critical business
functions, notwithstanding business continuity or disaster recovery plans or agreements that may currently be in place with these providers.
This could result in unanticipated downtime and harm to our operations, reputation and operating results. A transition of these services
to different cloud providers would be difficult, time consuming and costly to implement. In addition, if hosting costs increase over time
or if we require more computing or storage capacity as a result of audience growth or otherwise, our