Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 408

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 408
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 as the parties to the Black Spade II warrant agreement may deem necessary or desirable and that the parties deem to not adversely affect the rights of the registered holders of the BSII Public Warrants under the Black Spade II warrant agreement in any material respect; (b) the terms of the BSII Warrants may be amended with the vote or written consent of at least 50% of the then outstanding BSII Public Warrants and BSII Private Warrants, voting together as a single class, to allow for the BSII Warrants to be, or continue to be, as applicable, classified as equity in Black Spade II’s financial statements; and (c) all other modifications or amendments to the Black Spade II warrant agreement with respect to (i) the BSII Public Warrants require the vote or written consent of holders of at least 50% of the then outstanding BSII Public Warrants, and (ii) the BSII Private Warrants require the vote or written consent of holders of at least 50% of the then outstanding BSII Private Warrants. The Black Spade II warrant holders do not have the rights or privileges of holders of ordinary shares and any voting rights until they exercise their BSII Warrants and receive BSII Public Shares. After the issuance of BSII Public Shares upon exercise of the BSII Warrants, each holder will be entitled to one vote for each share held of record on all matters to be voted on by shareholders. No fractional BSII Warrants will be issued upon separation of the Units and only whole BSII Warrants will trade. If, upon exercise of the BSII Warrants, a holder would be entitled to receive a fractional interest in a share, Black Spade II will, upon exercise, round down to the nearest whole number the number of BSII Public Shares to be issued to the Black Spade II warrant holder. Subject to applicable law, any action, proceeding or claim against Black Spade II arising out of or relating in any way to the Black Spade II warrant agreement will be brought and enforced in the courts of the State of New York or the United States District Court for the Southern District of New York, and Black Spade II irrevocably submits to such jurisdiction, which jurisdiction will be the exclusive forum for any such action, proceeding or claim. This provision applies to claims under the Securities Act but does not apply to claims under the Exchange Act or any claim for which the federal district courts of the United States of America are the sole and exclusive forum.