Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 203

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 203
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 described under the heading 
 “— Warrants — Public Warrants — Anti-Dilution Adjustments”) for any 20 trading days within                                                
 a 30-trading day period ending three trading days before we send the notice of redemption to the Warrant holders.                         |

If and when the Warrants become
redeemable by us, we may not exercise our redemption right if the issuance of Class A Ordinary Shares upon exercise of the Warrants is
not exempt from registration or qualification under applicable state blue sky laws or we are unable to effect such registration or qualification.
If and when the Warrants become redeemable, we may exercise our redemption right even if we are unable to register or qualify the underlying
securities for sale under all applicable state securities laws. As a result, we may redeem Warrants even if the holders are otherwise
unable to exercise their Warrants.

We have established the last
of the redemption criterion discussed above to prevent a redemption call unless there is at the time of the call a significant premium
to the Warrant exercise price. If the foregoing conditions are satisfied and we issue a notice of redemption of the Warrants, each Warrant
holder will be entitled to exercise his, her or its Warrant prior to the scheduled redemption date. However, the price of the Class A
Ordinary Shares may fall below the $18.00 redemption trigger price (as adjusted for adjustments to the number of shares issuable upon
exercise or the exercise price of a Warrant as described below under the heading “— Warrants — Public Warrants
— Anti-dilution Adjustments”) as well as the $11.50 (for whole shares) Warrant exercise price after the redemption notice
is issued.

If we call the Warrants for
redemption as described above, our management will have the option to require any holder that wishes to exercise its Warrant to do so
on a “cashless basis.” In determining whether to require all holders to exercise their Warrants on a “cashless basis,”
our management will consider, among other factors, our cash position, the number of Warrants that are outstanding and the dilutive effect
on its shareholders of issuing the maximum number of Class A Ordinary Shares issuable upon the exercise of the Warrants. If our management
takes advantage of this option, all holders of Warrants would pay the exercise price by surrendering their Warrants for that number of
Class A Ordinary Shares equal to the quotient obtained by dividing (x) the product of the number