Company: TGE
Filing Date: 2025-02-18
Form Type: DRSLTR
Source: 0001213900-25-015017
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Company: Generation Essentials Group
Filing Date: 2025-02-18
Form: DRSLTR
Chunk 0
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 a draft registration statement on Form F-4 (the “Draft Registration Statement”) relating to a proposed public
offering in the United States of the Company’s ordinary shares, par value US$0.0001 per share, in connection with the proposed business
combination involving the Company and Black Spade Acquisition II Co (“Black Spade II”), a Cayman Islands exempted company,
via EDGAR to the Securities and Exchange Commission (the “Commission”) for confidential review pursuant to the Jumpstart
Our Business Startups Act, as amended (the “JOBS Act”). The Company confirms that it is an “emerging growth company”
as defined in the JOBS Act and its securities have not been previously sold pursuant to an effective registration statement under the
Securities Act of 1933, as amended.

Securities and Exchange Commission

February 18, 2025

Page 2

Financial Statements

In this submission, the
Company has included (i) the audited combined financial statements of the Company as of December 31, 2022 and 2023 and June 30, 2024,
and for the years ended December 31, 2022 and 2023 and six months ended June 30, 2024, (ii) the unaudited condensed financial statements
of Black Spade II as of June 30, 2024 and for the period from May 9, 2024 (inception) through June 30, 2024, and (iii) the unaudited pro forma condensed combined financial information presenting the combination of the financial information of the Company and Black Spade II. The Company intends to update the Draft Registration Statement to include (i) the audited consolidated financial statements
of the Company as of and for the fiscal year ended December 31, 2024, (ii) the audited consolidated financial statements of Black Spade
II as of December 31, 2024 and for the period from May 9, 2024 (inception) through December 31, 2024, and (iii) the unaudited pro forma
combined financial information of the Company and Black Spade II as of December 31, 2024 and for the fiscal year ended December 31, 2024
in a subsequent submission to the Commission when the Company’s fiscal year 2024 financial statements become available, in any case
no later than the first public filing of registration statement on Form F-4.