Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 411

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 411
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 members of any such group of which any such affiliate or associate is a part, 263 own beneficially (within the meaning of Rule 13d -3under the Exchange Act) more than 50% of the issued and outstanding BSII Public Shares, the holder of a BSII Warrant will be entitled to receive the highest amount of cash, securities or other property to which such holder would actually have been entitled as a shareholder if such Black Spade II warrant holder had exercised the BSII Warrant prior to the expiration of such tender or exchange offer, accepted such offer and all of the BSII Public Shares held by such holder had been purchased pursuant to such tender or exchange offer, subject to adjustment (from and after the consummation of such tender or exchange offer) as nearly equivalent as possible to the adjustments provided for in the Black Spade II warrant agreement. If less than 70% of the consideration receivable by the holders of BSII Public Shares in such a transaction is payable in the form of BSII Public Shares in the successor entity that is listed for trading on a national securities exchange or is quoted in an established over -the -countermarket, or is to be so listed for trading or quoted immediately following such event, and if the registered holder of the BSII Warrant properly exercises the BSII Warrant within 30 days following public disclosure of such transaction, the BSII Warrant exercise price will be reduced as specified in the Black Spade II warrant agreement based on the per share consideration minus the Black -ScholesWarrant Value (as defined in the Black Spade II warrant agreement) of the BSII Warrant. The BSII Warrants were issued in registered form under a Black Spade II warrant agreement between Continental Stock Transfer & Trust Company, as warrant agent, and Black Spade II. The Black Spade II warrant agreement provides that (a) the terms of the BSII Warrants may be amended without the consent of any holder for the purpose of (i) curing any ambiguity or correct any mistake, including to conform the provisions of the Black Spade II warrant agreement to the description of the terms of the BSII Warrants and the Black Spade II warrant agreement set forth in this prospectus, or defective provision, (ii) removing or reducing Black Spade II’s ability to redeem the BSII Public Warrants and, if applicable, a corresponding amendment to Black Spade II’s ability to redeem the BSII Private Warrants, or (iii) adding or changing any provisions