Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 408

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 408
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 the applicable market, regular way, without the right to receive such rights. In addition, if Black Spade II, at any time while the BSII Warrants are outstanding and unexpired, pays a dividend or make a distribution in cash, securities or other assets to holders of the BSII Public Shares on account of such BSII Public Shares (or other securities into which the BSII Warrants are convertible), other than (a) as described above, (b) any cash dividends or cash distributions which, when combined on a per share basis with all other cash dividends and cash distributions paid on the BSII Public Shares during the 365 -dayperiod ending on the date of declaration of such dividend or distribution does not exceed $0.50 (as adjusted to appropriately reflect any other adjustments and excluding cash dividends or cash distributions that resulted in an adjustment to the exercise price or to the number of BSII Public Shares issuable on exercise of each BSII Warrant) but only with respect to the amount of the aggregate cash dividends or cash distributions equal to or less than $0.50 per share, (c) to satisfy the redemption rights of the holders of BSII Public Shares in connection with a proposed initial business combination, (d) to satisfy the redemption rights of the holders of BSII Public Shares in connection with a shareholder vote to amend the amended and restated memorandum and articles of association (A) to modify the substance or timing of Black Spade II’s obligation to provide holders of the BSII Public Shares the right to have their shares redeemed in connection with an initial business combination or to redeem 100% of the public shares if Black Spade II does not complete the initial business combination within the Completion Window, or (B) with respect to any other material provisions relating to the shareholders’ rights or pre -initialbusiness combination 262 activity, or (e) in connection with the redemption of the public shares upon Black Spade II’s failure to complete an initial business combination, then the BSII Warrant exercise price will be decreased, effective immediately after the effective date of such event, by the amount of cash and/or the fair market value of any securities or other assets paid on each BSII Public Share in respect of such event. If the number of outstanding BSII Public Shares is decreased by a consolidation, combination, reverse share sub -division, or reclassification of BSII Public Shares or other similar event, then, on the effective date of such consolidation, combination, reverse share sub -division, reclassification or similar event