Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 93

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 93
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 of TGE; and (iv) participated in certain joint conference calls with transaction parties and advisors to plan procedures leading up to the closing of the business combination. On January 27, 2025, Black Spade II, TGE and other relevant parties executed and delivered the Business Combination Agreement and the ancillary agreements referred to therein. Afterwards, Black Spade II and TGE issued a joint press release announcing the Business Combination. Later that day, Black Spade II filed a current report on Form 8 -Kthat included the press release and the transaction agreements as exhibits. Board of TGE following the Business Combination Upon the Closing, it is anticipated that the TGE Board will consist of four members. Appraisal and Dissenter’s Rights under the Cayman Islands Companies Act The Cayman Islands Companies Act prescribes when shareholder appraisal rights will be available and sets the limitations on such rights. Where such rights are available, shareholders are entitled to receive fair value for their shares. However, regardless of whether such rights are or are not available, Public Shareholders are still entitled to exercise the rights of redemption in respect to their Public Shares as set out herein, and the Black Spade II Board has determined that the redemption proceeds payable to Public Shareholders who exercise such redemption rights represent the fair value of those shares. Any holder of Public Shares who elects to exercise 45 appraisal rights under Section 238 of the Cayman Islands Companies Act will lose their right to have their Public Shares redeemed in accordance with the Black Spade II Articles. See the section titled “ Proposal Two — The Merger Proposal — Appraisal Rights Under the Cayman Islands Companies Act” for additional information. Proxy Solicitation Proxies may be solicited by mail, telephone, on the internet or in person. Black Spade II has engagedto assist in the solicitation of proxies. If a shareholder grants a proxy, it may still vote its shares in person if it revokes its proxy before the Meeting. A shareholder may also change its vote by submitting a later -datedproxy as described in the section titled “Extraordinary General Meeting of Black Spade II Shareholders — Revoking Your Proxy.” Black Spade II Proposals for Shareholders Approval At the Meeting, Black Spade II Shareholders will be asked to separately approve the following proposals: •The Business Combination Proposal— a proposal to ratify, approve and adopt by way of ordinary resolution the Business Combination Agreement and the transactions contemplated therein. •The Merger Proposal— a proposal to authorize and approve by way of special