Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 410

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 410
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” will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price. In case of any reclassification or reorganization of the outstanding BSII Public Shares (other than those described above or that solely affects the par value of such BSII Public Shares), or in the case of any merger or consolidation of Black Spade II with or into another corporation (other than a consolidation or merger in which Black Spade II is the continuing corporation and that does not result in any reclassification or reorganization of the outstanding BSII Public Shares), or in the case of any sale or conveyance to another corporation or entity of the assets or other property of Black Spade II as an entirety or substantially as an entirety in connection with which Black Spade II is dissolved, the holders of the BSII Warrants will thereafter have the right to purchase and receive, upon the basis and upon the terms and conditions specified in the BSII Warrants and in lieu of the BSII Public Shares immediately theretofore purchasable and receivable upon the exercise of the rights represented thereby, the kind and amount of BSII Public Shares or other securities or property (including cash) receivable upon such reclassification, reorganization, merger or consolidation, or upon a dissolution following any such sale or transfer, that the holder of the BSII Warrants would have received if such holder had exercised their BSII Warrants immediately prior to such event. However, if such holders were entitled to exercise a right of election as to the kind or amount of securities, cash or other assets receivable upon such consolidation or merger, then the kind and amount of securities, cash or other assets for which each BSII Warrant will become exercisable will be deemed to be the weighted average of the kind and amount received per share by such holders in such consolidation or merger that affirmatively make such election, and if a tender, exchange or redemption offer has been made to and accepted by such holders (other than a tender, exchange or redemption offer made by the company in connection with redemption rights held by shareholders of the company as provided for in the company’s amended and restated memorandum and articles of association or as a result of the redemption of BSII Public Shares by the company if a proposed initial business combination is presented to the shareholders of the company for approval) under circumstances in which, upon completion of such tender or exchange offer, the maker thereof, together with members of any group (within the meaning of Rule