Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 246

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 246
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 Form S -1(Reg. No. 333 -280385) that became effective on August 23, 2024. For illustrative purposes, as of , 2025, there was approximately $ held in the Trust Account. Prior to the consummation of Black Spade II’s IPO, neither Black Spade II, nor anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any potential target with respect to an initial business combination with Black Spade II. Promptly following its consummation of Black Spade II’s IPO, Black Spade II commenced an active search and consideration of potential target businesses. Black Spade II sought out potential target businesses based on internal research and through the networks of relationships of its management, board of directors and with professional service providers (lawyers, accountants, consultants, finders and investment bankers). Black Spade II educated these parties on its structure as a special purpose acquisition and its criteria for an acquisition. Black Spade II also responded to inquiries from investment bankers or other similar professionals who represented companies engaged in a sale or financing process. On a regular basis, Black Spade II’s directors were updated with respect to the status of the business combination search. Input received from Black Spade II’s directors was material to management’s evaluation of a potential business combination. From the closing of Black Spade II’s IPO through the signing of the Business Combination Agreement with TGE on January 27, 2025, representatives of Black Spade II contacted and were contacted by a number of individuals and entities with respect to business combination opportunities and engaged in discussions with several possible target businesses in various sectors including. Black Spade II discussed with those parties its general, nonexclusive criteria and guidelines that it believed were important in evaluating potential targets for the initial business combination, including: •compatibility with Black Spade II’s target sectors and uniqueness of target business; •large total addressable market and strong growth potential; •recent historical operating performance with strong track records; •market leadership with sustainable competitive advantage; •positive revenue and EBITDA and growth potential; •potential synergies brought by the business combination and Black Spade II’s expertise in capital markets; and •a strong and experienced management and operational teams that Black Spade II could potentially work alongside and augment as the business scales. 147 During the search process, Black Spade II reviewed approximately 15 potential targets in a wide range of industries, including enabling technology, lifestyle brands, products, or services and entertainment media