Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 60

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 60
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 the underlying Public Shares and Public Warrants prior to exercising redemption rights with respect to the BSII Public Shares. If you hold Units registered in your own name, you must deliver the certificate for such Units to Continental Stock Transfer & Trust Company, Black Spade II’s transfer agent, with written instructions to separate such Units into the BSII Public Shares and BSII Public Warrants. This must be completed far enough in advance to permit the mailing of the BSII Public Share certificates back to you so that you may then exercise your redemption rights upon the separation of the BSII Public Shares from the Units. See the section titled “How do I exercise my redemption rights?” above. The address of Continental is listed under the section titled “Who can help answer my questions?” below. If a broker, dealer, commercial bank, trust company or other nominee holds your Units, you must instruct such nominee to separate your Units. Your nominee must send written instructions by facsimile to Continental. Such written instructions must include the number of Units to be split and the nominee holding such Units. Your nominee must also initiate electronically, using DTC’s deposit withdrawal at custodian (DWAC) system, a withdrawal of the relevant Units and a deposit of an equal number of the BSII Public Shares and BSII Public Warrants. This must be completed far enough in advance to permit your nominee to exercise your redemption rights upon the separation of the BSII Public Shares from the Units. While this is typically done electronically the same business day, you should allow at least one full business day to accomplish the separation. If you fail to cause your Public Shares to be separated in a timely manner, you will likely not be able to exercise your redemption rights. Q:Do I have appraisal rights if I object to the proposed Business Combination? A:The Cayman Islands Companies Act prescribes when shareholder appraisal rights will be 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, Public Shareholders are still entitled to exercise the rights of redemption in respect to their Public Shares as set out herein, and the Black Spade II Board has determined that the redemption proceeds payable to 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 Public Warrants or Units do not have appraisal rights in