Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 238

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 238
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 by way of share dividend or share split or in connection with a recapitalization, merger, consolidation, spin -off, reorganization or similar transaction. Sponsor Support Agreement and Deed Concurrently with the execution of the Business Combination Agreement, aWME, Black Spade II, Sponsor and certain other holders of BSII II Class B Ordinary Shares and BSII Private Warrants (each, and together with the Sponsor, the “Sponsor Parties”) entered into a sponsor support agreement and deed (the “Sponsor Support Agreement”), pursuant to which each Sponsor Party agreed to, among other things, (i) attend an extraordinary general meeting of holders of BSII Shares (including any permitted adjournment or postponement) to establish a quorum for the purpose of approving the Business Combination, and (ii) vote the BSII Class B Ordinary Shares, and any other BSII securities acquired by such Sponsor Party in favour of approving the transactions contemplated by the Business Combination Agreement and the Ancillary Agreements. In addition, pursuant to the Sponsor Support Agreement, from the Closing until the date falling two years after the Closing Date, for so long as the Sponsor and its affiliates collectively hold at least 5% of the issued and outstanding aWME ordinary shares, the Sponsor shall be entitled to appoint up to two non -votingobservers to the board of directors of aWME, and, for so long as the Sponsor and its affiliates collectively hold at least 3% but less than 5% of the issued and outstanding aWME ordinary shares, the Sponsor shall be entitled to appoint one non -votingobserver to the board of directors of aWME. Registration Rights Agreement At the Closing, aWME, certain shareholders of aWME, the Sponsor and certain affiliates of the Sponsor will enter into a registration rights agreement (the “Registration Rights Agreement”), pursuant to which aWME will agree to use its reasonable best efforts to file a shelf registration statement with respect to the registrable securities defined therein within 30 days of the Closing. Pursuant to the Registration Rights Agreement, the Sponsor, AMTD 143 Digital Inc., AMTD IDEA Group, AMTD Group Inc., and certain other current equity holders of Black Spade II and certain other current equity holders of aWME may request to sell all or a portion of their registrable securities in an underwritten offering; provided that aWME will only be obligated to effect an underwritten takedown if such underwritten offering will include registrable securities proposed to be sold