Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 362

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 362
---
 commission upon the completion of the Transactions. (l)Reflects the transaction costs of approximately US$10.0 million payable by aWME in connection with the Transactions. (m)Reflects the reclassification of US$153.0 million of BSII Class A Ordinary Shares subject to possible redemption to permanent equity after being converted into aWME Class A Ordinary Share, in the case of no redemptions, or the redeemed value of US$76.5 million of BSII Class A Ordinary Shares subject to possible redemption and the reclassification of the remaining US$76.5 million of BSII Class A Ordinary Shares subject to possible redemption to permanent equity after being converted into aWME Class A ordinary shares, in the case of 50% of the maximum redemptions, or the redeemed value of BSII Class A Ordinary Shares subject to possible redemption and the reclassification of remaining BSII Class A Ordinary Shares subject to possible redemption to permanent equity after being converted into aWME Class A Ordinary Shares in the case of maximum redemptions.

236

(n)Reflects the share consideration of US$191,250,000 from the issuance of 19,125,000 aWME Class A Ordinary Shares at US$10 per share, in the case of no redemptions, or the share consideration of US$114,750,000 million from the issuance of 11,475,000 aWME Class A Ordinary Shares at US$10 per share, in the case of 50% of the maximum redemptions, or the share consideration of US$38,250,000 from the issuance of 3,825,000 aWME Class A Ordinary Shares at 10 per share, in the case of maximum redemptions. (o)Reflects the reclassification of US$25,000 of BSII Class B Ordinary Shares to permanent equity after the being converted to aWME Ordinary Shares. (p)Represents pro forma adjustments to reserves to reflect in the case of no redemptions the following:

|                                                                                                                      |     |  US$’000 |   |
| Share consideration of aWME Class A Ordinary Shares                                                                  |     | (191,250 | ) |
| Transaction costs incurred                                                                                           |     |  (10,000 | ) |
| Transaction bonus incurred to Black Spade II                                                                         |     |   (5,560 | ) |
| Reclassification of BSII Class A Ordinary Shares subject to possible redemption                                      |     |