Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 267

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 267
---

 in operating activities                                           |     |   |   (273,426 | ) |
| Cash Flows from Investing Activities:                             |     |   |            |   |
| Cash withdrawn from Trust Account for                             
 working capital purposes                                          |     | $ |    117,248 |   |
| Net cash provided                                                 
 by investing activities                                           |     |   |    117,248 |   |
| Net Change in Cash                                                |     |   |   (156,178 | ) |
| Cash – Beginning of period                                        |     |   |  2,117,016 |   |
| Cash – End of period                                              |     | $ |  1,960,838 |   |

<div align='center'>The accompanying notes
are an integral part of the unaudited condensed financial statements.

F-26

BLACK SPADE ACQUISITION II CO

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2025

(Unaudited)</div>

NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS

Black Spade Acquisition
II Co (the “Company”) was incorporated in the Cayman Islands on May 9, 2024. The Company was formed for the purpose
of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with
one or more businesses (the “Business Combination”). The Company is not limited to a particular industry or sector for purposes
of consummating a Business Combination. The Company is an early stage and emerging growth company, and, as such, the Company is subject
to all of the risks associated with early stage and emerging growth companies.

As of March 31, 2025,
the Company had not commenced any operations. All activity for the period from May 9, 2024 (inception) through March 31, 2025 relates
to the Company’s formation and the initial public offering (“Initial Public Offering”), which is described below, and
subsequent to the Initial Public Offering, identifying a target company and negotiating for a Business Combination. The Company will
not generate any operating revenue until after the completion of its initial Business Combination, at the earliest. The Company will
generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering. The Company
has selected December 31 as its fiscal year end.

The registration statement
for the Company’s Initial Public Offering was