Company: TGE
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001213900-25-057225
Chunk: 260

Company: Generation Essentials Group
Filing Date: 2025-06-24
Form: F-1
Chunk 260
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 aligned with all agreements and budget. General and administrative costs, as reported on
the statement of operations, are the significant segment expenses provided to the CODM on a regular basis.

All other segment items included in net income are
reported on the statement of operations and described within their respective disclosures.

NOTE 11 —SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions
that occurred after the balance sheet date up to the date that the financial statements were issued. Based upon this review, other than
described as below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial
statements.

Financial Advisor Agreement

Clear Street LLC (“Clear Street”) and
Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC (“Cohen, and together with Clear Street,
the “Advisors”) were formally engaged by the Company on January 26, 2025, to serve as its joint financial advisors and
joint lead capital markets advisors in connection with the Business Combination. In connection therewith, the Advisors are providing capital
markets advice to the Company, including advice on strategic issues relating to the Business Combination such as valuation, and general
assistance in implementing and closing the Business Combination, including but not limited to coordinating marketing efforts. Under the
terms of such engagement, upon the closing of the Business Combination, the Advisors will receive a fee of $1,500,000 in return for such
advisory services which will be shared equally among them. This agreement expires eighteen months from the date thereof, unless extended
in writing by the parties.

Business Combination Agreement

On January 27, 2025, the Company entered into
a Business Combination Agreement (the “Business Combination Agreement”) with World Media and Entertainment Universal Inc.,
an exempted company incorporated with limited liability under the laws of the Cayman Islands, (“WME”) and WME Merger Sub Limited,
an exempted company incorporated with limited liability under the laws of the Cayman Islands and a direct wholly-owned subsidiary of WME
(“Merger Sub”), pursuant to which, among other transactions, on the terms and subject to the conditions set forth therein,
Merger Sub will merge with and into the Company (“Merger”), with the Company surviving the Merger as a wholly-owned subsidiary
of WME.

Under the Business Combination Agreement, upon Closing,
the Sponsor will be entitled to receive a transaction bonus in the amount of $5,560,000. Such amount will be