Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 32

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 32
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itle its holder to 20 votes on all matters subject to vote at general meetings of The Generation Essentials Group; and (C) each non -votingredeemable ordinary share in the share capital of The Generation Essentials Group shall be re -designatedand re -classifiedinto one non -votingredeemable preferred share in the share capital of The Generation Essentials Group; “Registration Rights Agreement” means the registration rights agreement to be entered upon Closing, by and among certain shareholders of TGE, the Sponsor and certain affiliates of the Sponsor; “SEC” means the U.S. Securities and Exchange Commission; 7 “Sponsor” means Black Spade Sponsor LLC II, a Cayman Islands limited liability company; “Surviving Entity” means the surviving entity of the Merger; “Transactions” means the Business Combination and other transactions contemplated by the Business Combination Agreement; “Trust Account” means the trust account established for the purpose of holding the net proceeds from Black Spade II’s IPO; “Units” means the units issued in the Black Spade II’s IPO, each consisting of one BSII Class A Ordinary Share and one -thirdof a BSII Public Warrant; “Unit Separation” means the automatic detachment of each Unit outstanding immediately prior to the Merger Effective Time, as a result of which the holder thereof shall be deemed to hold one BSII Class A Ordinary Share and one -thirdof an BSII Warrant in accordance with the terms of the applicable Unit; “U.S. Dollars,” “USD,” “US$,” and “$” means United States dollars, the legal currency of the United States; and “Warrant Agreement” means the Warrant Agreement dated as of August 27, 2024, between Black Spade II and Continental Stock Transfer & Trust Company. Unless otherwise specified, the voting and economic interests of the combined company’s shareholders set forth in this proxy statement/prospectus assume the following: •TGE is valued at US$488,000,000 on a pre -moneyequity value basis. •No Founder Shares are transferred by the Sponsor as consideration to induce Black Spade II Shareholders to waive its redemption rights. •The BSII Founder Shareholders and holders of any equity securities of The Generation Essentials Group do not purchase any BSII Public Shares in the open market. •No Black Spade II Public Shareholder exercises appraisal rights pursuant to the Cayman Islands Companies Act. •No BSII Public Share or Founder Share is held in Black Spade II’s treasury