Company: TGE
Filing Date: 2025-05-20
Form Type: 424B3
Source: 0001213900-25-046011
Chunk: 1

Company: Generation Essentials Group
Filing Date: 2025-05-20
Form: 424B3
Chunk 1
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Risk Factors” beginning on page 74 of the Prospectus.

Neither the U.S. Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if the Prospectus or this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.

The date of this proxy statement/prospectus supplement is May 20, 2025.**</div>

**This Supplement No. 1 should be read in conjunction with the Prospectus, which should be read carefully and in its entirety.**

<div align='center'>**SUPPLEMENT NO. 1 TO THE DEFINITIVE PROXY STATEMENT/PROSPECTUS**</div>

Amending the existing warrant agreement to allow earlier exercise of the warrants upon closing of the business combination

As contemplated by the Business Combination Agreement, at the Closing, The Generation Essentials Group, Black Spade II and Continental Stock Transfer & Trust Company will enter into the Assignment, Assumption and Amendment Agreement of the Existing Warrant Agreement, dated August 27, 2024, by and between Black Spade II and Continental Stock Transfer & Trust Company, pursuant to which, among other things, effective as of the Merger Effective Time, Black Spade II will assign to The Generation Essentials Group, and The Generation Essentials Group will assume, all of Black Spade II’s rights, title, interests, liabilities and obligations under the Existing Warrant Agreement. Also at the Merger Effective Time, each issued and outstanding BSII Warrant exercisable for shares of Black Spade II will be exchanged for a TGE Warrant exercisable for TGE Class A Ordinary Shares.

According to the terms of the Existing Warrant Agreement, the BSII Warrant may be exercised only after the later of: (i) the date that is thirty (30) days after the first date on which the Business Combination is completed, and (ii) the date that is twelve (12) months from the date of the closing of the Black Spade II’s IPO (which occurred on August 29, 2024).

Black Spade II and TGE plan to further amend the terms of the Existing Warrant Agreement at the Closing, through the execution of the Assignment, Assumption and Amendment Agreement, so that the TGE Warrant can be exercised on the date that is thirty (30) days after the first date on which the Business Combination is completed. The form of the Assignment, Assumption and Amendment Agreement is exhibited to the current report on Form 6