Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 42

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 42
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 in connection with the Closing. Q:Is my vote important? A:Yes. The Business Combination cannot be completed unless the Business Combination Proposal and the Merger Proposal receive the requisite vote for approval. Only Black Spade II Shareholders as of the close of business on the Record Date for the Meeting, are entitled to vote at the Meeting. After careful consideration, the Black Spade II Board unanimously recommends that the Black Spade II Shareholders vote “FOR” the approval of the Business Combination Proposal, “FOR” the approval of the Merger Proposal and “FOR” the approval of the Adjournment Proposal. For details on the required votes to approve each proposal, see the section headed “What vote is required to approve the proposals presented at the Meeting?” Q:Are the proposals conditioned on one another? A:The Closing is conditioned on approval of the Business Combination Proposal and the Merger Proposal. The Business Combination Proposal and the Merger Proposal are conditioned on the approval of each other. The Adjournment Proposal is not conditioned on the approval of any other proposal set forth in this proxy statement/prospectus. It is important for you to note that in the event that the Business Combination Proposal and the Merger Proposal do not receive the requisite vote for approval, then Black Spade II will not consummate the Business Combination. If Black Spade II does not consummate the Business Combination and fails to complete an initial business combination by November 29, 2026 (or a later date approved by Black Spade II Shareholders pursuant to the Black Spade II’s Articles), Black Spade II will be required to dissolve and liquidate its Trust Account by returning the then remaining funds in such account to its Public Shareholders. Q:What will happen in the Business Combination? A:Pursuant to the Business Combination Agreement, Merger Sub will merge with and into Black Spade II with Black Spade II surviving the Merger as a wholly owned subsidiary of TGE. As a result of the Business Combination, and upon the consummation of the Business Combination, the securityholders of Black Spade II will become the securityholders of TGE. TGE currently expects that the investments held in the Trust Account and the proceeds from the financing transactions in connection with the Business Combination will be used by TGE for: (i) expansion of the direct ownership model under L’Officiel and The Art Newspaper; (ii) to support its business expansion and growth, including through acquisitions of media platforms and global premium properties although TGE does not have