Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 182

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 182
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 price reasonably expected to exceed, in the aggregate, $7,500,000. The Generation Essentials Group also
agrees to provide customary “piggyback” registration rights. The Registration Rights Agreement provides that TGE should pay
certain expenses relating to such registrations and indemnify the shareholders against certain liabilities.

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Assignment, Assumption
and Amendment Agreement

At the Closing, The Generation
Essentials Group, Black Spade II and Continental Stock Transfer & Trust Company entered into an assignment, assumption and
amendment agreement (the “Assignment, Assumption and Amendment Agreement”) of that certain warrant agreement, dated August 27,
2024, by and between Black Spade II and Continental Stock Transfer & Trust Company (the “BSII Warrant Agreement”),
pursuant to which, among other things, effective as of the Merger Effective Time, Black Spade II assigned to The Generation Essentials
Group, and The Generation Essentials Group assumed, all of Black Spade II’s rights, title, interests, liabilities and obligations
under the BSII Warrant Agreement.

Certain Relationships and
Related Person Transactions

We generated US$2,888,000,
US$2,726,000 and US$2,737,000 of marketing income from AMTD Group Inc. in 2022, 2023 and 2024.

Employment Agreements
and Indemnification Agreements

See “Management—
Employment Agreements and Indemnification Agreements.”

Share Incentive
Plans

See “Management—
Share Incentive Plan.”

License Agreement
between TGE and AMTD Group Inc.

See “Business— Intellectual
Property — Intellectual Property License Agreement with AMTD Group Inc.”

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TAXATION</div>

The following summary of the
material Cayman Islands and U.S. federal income tax consequences of an investment in our ordinary shares is based upon laws and relevant
interpretations thereof in effect as of the date of this prospectus, all of which are subject to change. This summary does not deal with
all possible tax consequences relating to an investment in our ordinary shares, such as the tax consequences under state, local and other
tax laws.

Cayman Islands Tax Considerations

The Cayman Islands currently
levies no taxes on individuals or corporations based upon profits, income, gains or appreciations and there is no taxation in the nature
of inheritance tax or estate duty. There are no