Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 15

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 15
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 a number of Preferred Shares, in each case, equal to the Adjustment Factor;

“Re-Designation”
means the re-designation of the share capital of The Generation Essentials Group immediately prior to the Recapitalization as follows:
(A) each Ordinary Share (other than non-voting ordinary shares) not held by AMTD Digital shall be re-designated and re-classified
into one Class A Ordinary Share, where each Class A Ordinary Share shall entitle its holder to one vote on all matters subject to vote
at general meetings of The Generation Essentials Group; (B) each Ordinary Share (other than non-voting ordinary shares) held by AMTD
Digital shall be re-designated and re-classified into one Class B Ordinary Share, where each Class B Ordinary Share shall entitle its
holder to 20 votes on all matters subject to vote at general meetings of The Generation Essentials Group; and (C) each non-voting
redeemable ordinary share in the share capital of The Generation Essentials Group shall be re-designated and re-classified into one non-voting
redeemable preferred share in the share capital of The Generation Essentials Group;

“Registration Rights
Agreement” means the registration rights agreement, dated June 3, 2025, by and among certain shareholders of The Generation
Essentials Group, the Sponsor and certain affiliates of the Sponsor;

“SEC” means the
U.S. Securities and Exchange Commission;

“Shares” means,
collectively, Ordinary Shares and Preferred Shares;

“Sponsor” means
Black Spade Sponsor LLC II, a Cayman Islands limited liability company;

“Sponsor Shareholders”
means the Sponsor, Black Spade II’s directors and officers and certain employees of the Sponsor’s affiliates;

“Sponsor Warrants”
means warrants to purchase Class A Ordinary Shares at an exercise price of US$11.50 per share, which were issued to the Sponsor on
the Closing Date in exchange for the private placement warrants purchased by the Sponsor for a total consideration of approximately US$5.6
million in a private placement concurrent with the Black Spade II’s IPO at a price of US$0.50 per warrant;

“TGE,” “we,”
“us,” “our company,” and “our” mean The Generation Essentials Group and its subsidiaries. References
to the share capital, securities, shareholders, directors, board of directors, auditors of “TGE” are to the share capital,
securities (including shares, options and warrants), shareholders, directors