Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 285

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 285
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 to applicable bankruptcy law, and may be included in our bankruptcy estate and subject to the claims of third parties with priority over the claims of our Shareholders. To the extent any bankruptcy claims deplete the Trust Account, we cannot assure you that we will be able to return to the Black Spade II Public Shareholders at least $10.00 per share. The Black Spade II Public Shareholders are entitled to receive funds from the Trust Account only in the event of our failure to complete a business combination within the required time periods or if the shareholders properly seek to have us redeem their respective shares for cash upon a business combination which is actually completed by us. In no other circumstances does a shareholder have any right or interest of any kind to or in the Trust Account. Facilities We currently maintain our executive offices at Suite 2902, 29/F, The Centrium, 60 Wyndham Street, Central, Hong Kong. The cost for this space is included in the $20,000 per -monthfee the Sponsor, Black Spade Sponsor LLC II, charges us for general and administrative services pursuant to a letter agreement between us and the Sponsor. We believe, based on rents and fees for similar services in Hong Kong, that the fee charged by the Sponsor is at least as favorable as it could have obtained from an unaffiliated person. We consider our current office space adequate for our current operations. 171

Employees We currently have three executive officers. These individuals are not obligated to devote any specific number of hours to our matters but they intend to devote as much of their time as they deem necessary to our affairs until we have completed our initial business combination. The amount of time they will devote in any time period will vary based on whether a target business has been selected for our initial business combination and the stage of the business combination process we are in. We may plan to have full time employees other than the executive officers prior to the completion of our initial business combination. Directors and Executive Officers As of the date of this proxy statement/prospectus, our directors and officers are as follows:

| Name           |     | Age |     | Position                                   |
| Dennis Tam     |     |  55 |     | Executive Chairman of the Board and Co-CEO |
| Kester Ng      |     |  57 |     | Director, Co-CEO and CFO                   |
| Richard Taylor |     |  65 |     | Director, Co-CEO and COO                   |
| Russell Galbut |     |  72