Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 266

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 266
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 an amount
of $153,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units and the sale of the Private Placement Warrants
was placed in the trust account (the “Trust Account”), located in the United States and invested only in U.S. government
securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or
less or in any money market fund selected by the Company meeting certain conditions of Rule 2a-7 of the Investment Company Act and/or
held as cash or cash items (including in demand deposit accounts), as determined by the Company, until the earlier of (i) the completion
of a Business Combination and (ii) the distribution of the funds held in the Trust Account, as described below.

<div align='center'>F-27</div>

The Company will provide
the holders of the outstanding Public Shares (the “Public Shareholders”) with the opportunity to redeem all or a portion
of their Public Shares either (i) in connection with a shareholder meeting called to approve the Business Combination or (ii) by
means of a tender offer in connection with the Business Combination. The decision as to whether the Company will seek shareholder approval
of a Business Combination or conduct a tender offer will be made by the Company. The Public Shareholders will be entitled to redeem their
Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per Public
Share, including interest earned on the funds held in the trust account (net of amounts withdrawn to fund the working capital requirements,
including for payment of any income taxes and up to $100,000 to pay dissolution expenses, subject to an annual limit of 10%
of interest earned on funds held in the trust account (“permitted withdrawals”)). There will be no redemption rights upon
the completion of a Business Combination with respect to the Company’s warrants. The Public Shares subject to possible redemption
were recorded at a redemption value and were classified as temporary equity upon the completion of the Initial Public Offering in accordance
with the Accounting Standards Codification (“ASC”) Topic 480, “Distinguishing Liabilities from Equity.”

The Company will not
redeem Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001 (so that it does not then
become subject to the U.S. Securities and