Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 65

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 65
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GE ordinary share for each of their Public Shares (subject to adjustment as set out herein). See the section titled “Proposal Two — The Merger Proposal — Appraisal Rights under the Cayman Islands Companies Act” for additional information. Q:What will happen to my BSII Ordinary Shares as a result of the Business Combination? A:If the Business Combination is completed, each Eligible BSII Share will become one TGE Class A Ordinary Share, subject to adjustment as set out herein. 25 Q:What happens to the funds deposited in the Trust Account after consummation of the Business Combination? A:Of the net proceeds of Black Spade II’s IPO (including underwriters’ exercise of over -allotmentoption) and simultaneous sale of Private Placement Warrants, a total of $153,000,000 was placed in the Trust Account immediately following Black Spade II’s IPO and the exercise of the over -allotmentoption. After consummation of the Business Combination, the funds in the Trust Account will be used by Black Spade II to pay holders of the BSII Public Shares who exercise redemption rights, to pay fees and expenses incurred in connection with the Business Combination with TGE and to repay any loans owed by Black Spade II to Sponsor. Any remaining funds will be paid to TGE (or as otherwise designated in writing by TGE to Black Spade II prior to the Closing) and used for working capital and general corporate purposes of TGE. Q:What happens if a substantial number of Public Shareholders vote in favor of the Business Combination Proposal and exercise their redemption rights? A:The Black Spade II Public Shareholders may vote in favor of the Business Combination and still exercise their redemption rights, although they are not required to vote in any way to exercise such redemption rights. Accordingly, the Business Combination may be consummated even though the funds available from the Trust Account and the number of Public Shareholders is substantially reduced as a result of redemptions by the Black Spade II Public Shareholders. To the extent that there are fewer Public Shares and Public Shareholders, the trading market for the TGE ordinary shares may be less liquid than the market was for the BSII Class A Ordinary Shares prior to the Business Combination, and TGE may not be able to meet the listing standards of a Qualified Stock Exchange. In addition, to the extent of any redemptions, fewer funds from the Trust Account would be available to TGE to be used in its business following the consummation of the