Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 352

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 352
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ating to Our Business and Industry — If we do not appropriately maintain effective internal control over financial reporting in accordance with Section 404 of the Sarbanes -OxleyAct of 2002, we may be unable to accurately report our financial results and the market price of our securities may be adversely affected.” As a company with less than US$1.235 billion in revenues for fiscal year of 2023, we qualify as an “emerging growth company” pursuant to the JOBS Act. An emerging growth company may take advantage of specified reduced reporting and other requirements that are otherwise applicable generally to public companies. These provisions include exemption from the auditor attestation requirement under Section 404 of the Sarbanes -OxleyAct of 2002 in the assessment of the emerging growth company’s internal control over financial reporting. Recently Issued Accounting Pronouncements A list of recently issued accounting pronouncements that are relevant to us is included in Note 2.2 of our combined financial statements included elsewhere in this prospectus. 223 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION Introduction The following unaudited pro forma condensed combined financial statements present the combination of the financial information of aWME and Black Spade II adjusted to give effect to (i) the Transactions described under the sections “the Business Combination Agreement” and “Agreements in connection with the Business Combination Agreement,” and (ii) the aWME Reorganization, which is described under the heading “Summary of the Proxy Statement/Prospectus — Corporate History and Structure of aWME”. The following unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S -Xas amended by the final rule, Release No. 33 -10786“Amendments to Financial Disclosures about Acquired and Disposed Businesses.” Defined terms included in these financial statements have the same meaning as terms defined and included elsewhere in this proxy statement/prospectus. The following unaudited pro forma condensed combined statement of financial position as of June 30, 2024 combines the audited combined statement of financial position of aWME as of June 30, 2024 with the unaudited historical condensed balance sheet of Black Spade II as of June 30, 2024, as if the Transactions, aWME Reorganization and the Black Spade II’s IPO had been completed on June 30, 2024. The following unaudited pro forma condensed combined statement of