Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 70

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 70
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 business unit of “The Art Newspaper.” From October 2024 through November 2024, a series of reorganization steps (collectively, the “TGE Reorganization”) were taken to establish The Generation Essentials Group as the holding company transfer and consolidate the business of L’Officiel, The Art Newspaper, WME Assets Group and certain movie rights investments into The Generation Essentials Group. In March 2025, we changed our corporate name from “World Media and Entertainment Universal Inc.” to “The Generation Essentials Group.” The following diagram illustrates TGE’s corporate structure, including its principal and other subsidiaries as of the date of this proxy statement/prospectus: TGE’s Holding Company Structure The Generation Essentials Group is not an operating company but a holding company incorporated in the Cayman Islands as an exempted company. The Generation Essentials Group conducts its operations through its subsidiaries. The securities registered herein are securities of The Generation Essentials Group, not those of its operating subsidiaries. Therefore, investors in The Generation Essentials Group are not acquiring equity interest in any operating company but instead are acquiring interest in a Cayman Islands holding company. The holding company structure involves unique risks to investors. As a holding company, The Generation Essentials Group 31 may rely on dividends from its subsidiaries for cash requirements, including any payment of dividends to its shareholders. The ability of subsidiaries of The Generation Essentials Group to pay dividends or make distributions to The Generation Essentials Group may be restricted by laws and regulations applicable to them or the debt they incur on their own behalf or the instruments governing their debt. Recent Developments of TGE TGE is in the process of finalizing its financial results as of and for the three months ended March31, 2025. The following sets forth estimates of the unaudited selected consolidated financial data of TGE as of and for the three months ended March 31, 2025 based on available information to date. This financial data is not a comprehensive statement of TGE’s financial results as of and for the three months ended March 31, 2025. TGE’s actual results may differ materially from these estimates. Revenues.TGE estimates that its revenues for the three months ended March 31, 2025 were in the range of approximately US$25 million to US$26 million, reflecting the expanded operation of L’Officiel and The Art Newspaper, the additional contribution recognized from its hotels as well as the fluctuation in the stock market affecting the fair value of the listed shares of Bank of Qingdao and Guangzhou Rural Commercial Bank which