Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 204

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 204
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 of Class A Ordinary Shares underlying
the Warrants, multiplied by the difference between the exercise price of the Warrants and the “fair market value” by (y) the
fair market value. For this purpose, “fair market value” means the average reported last sale price of the Class A Ordinary
Shares for the 10 trading days ending on the third trading day prior to the date on which the notice of redemption is sent to
the holders of Warrants. If our management takes advantage of this option, the notice of redemption will contain the information necessary
to calculate the number of shares of Class A Ordinary Shares to be received upon exercise of the Warrants, including the “fair market
value” in such case.

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Anti-dilution Adjustments.If
the number of outstanding Class A Ordinary Shares is increased by a capitalization or share dividend payable in Class A Ordinary Shares,
or by a subdivision of ordinary shares or other similar event, then, on the effective date of such capitalization or share dividend, subdivision
or similar event, the number of Class A Ordinary Shares issuable on exercise of each Warrant will be increased in proportion to such increase
in the outstanding ordinary shares. A rights offering to holders of ordinary shares entitling holders to purchase Class A Ordinary Shares
at a price less than the “historical fair market value” (as defined below) will be deemed a share dividend of a number of
Class A Ordinary Shares equal to the product of (i) the number of Class A Ordinary Shares actually sold in such rights offering (or
issuable under any other equity securities sold in such rights offering that are convertible into or exercisable for Class A Ordinary
Shares) and (ii) one minus the quotient of (x) the price per Class A Ordinary Share paid in such rights offering and (y) the
historical fair market value. For these purposes, (i) if the rights offering is for securities convertible into or exercisable for
Class A Ordinary Shares, in determining the price payable for Class A Ordinary Shares, there will be taken into account any consideration
received for such rights, as well as any additional amount payable upon exercise or conversion and (ii) “historical fair market
value” means the volume weighted average price of Class A Ordinary Shares as reported during the 10 trading day period ending
on the trading day prior to the first date on which the Class A Ordinary Shares trade on the applicable exchange or in the applicable
market,