Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 111

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 111
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 December 31, 2024, included elsewhere in this proxy statement/prospectus. The historical financial information of TGE was derived from its audited consolidated financial statements for the year ended December 31, 2024, included elsewhere in this proxy statement/prospectus. The unaudited pro forma condensed combined financial information and the accompanying notes should be read together with TGE’s and Black Spade II’s financial statements and related notes, the sections titled “ TGE’s Management’s Discussion and Analysis of Financial Condition and Results of Operations,”and “Black Spade II’s Management’s Discussion a nd Analysis of F inancial Condition and Results of Operation,” and other financial information included elsewhere in this proxy statement/prospectus. The pro forma adjustments related to the Transactions, which we refer to as the “Transactions Adjustments,” the pro forma adjustments related to the TGE Reorganization, which we refer to as the “TGE Reorganization Adjustments,” and the pro forma adjustments related to the Black Spade II Completion of Initial Public Offering, which we refer to as the “Completion of Initial Public Offering Adjustments,” collectively, are described in the notes to the unaudited pro forma consolidated financial information. The unaudited pro forma condensed combined statements of profit or loss and other comprehensive income (i) are based on information currently available, (ii) are intended for informational purposes only, (iii) are not necessarily indicative of and do not purport to represent what our operating results would have been had the Transactions, TGE Reorganization and Black Spade II Completion of Initial Public Offering occurred as described or what our future operating results will be after giving effect to these events, and (iv) do not reflect all actions that may be undertaken by us after the Transactions, TGE Reorganization and Black Spade II Completion of Initial Public Offering Description of the Transactions On January 27, 2025, Black Spade II entered into the Business Combination Agreement with TGE and WME Merger Sub Limited, a wholly owned subsidiary of TGE (“Merger Sub”). Pursuant to the Business Combination Agreement, Merger Sub will merge with and into Black Spade II, with Black Spade II surviving the Merger. As a result of the Merger, and upon consummation of the Merger and the other transactions entered into in connection with the Business Combination Agreement, Black Spade II will become a wholly owned subsidiary of TGE, with the securityholders of Black Spade II becoming securityholders of TGE. After the