Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 158

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 158
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 the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account (less taxes payable, certain permitted withdrawals and up to $100,000 of interest to pay dissolution expenses), divided by the number of our then outstanding Public Shares, which redemption will completely extinguish our Public Shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and the Black Spade II Board, liquidate or dissolve, subject in clauses (ii) and (iii) to our obligations under the laws of the Cayman Islands to provide for claims of creditors and the requirements of other applicable law. In such case, our Public Shareholders may receive only $10.00 per share, or less than $10.00 per share, on the redemption of their shares, and BSII Warrants will expire worthless. In certain circumstances, our Public Shareholders may receive less than $10.00 per share on the redemption of their shares. See “— If third parties bring claims against us, the proceeds held in the Trust Account could be reduced and the per -shareredemption amount received by shareholders may be less than $10.00 per share” and other risk factors herein. If the perceived benefits of the Business Combination do not meet the expectations of investors or securities analysts, the market price of Black Spade II’s securities may decline before the Closing, or the market price of aWME’s securities may decline after the Closing. If the perceived benefits of the Business Combination do not meet the expectations of investors or securities analysts, the market price of Black Spade II’s securities may decline before the Closing. The market value of the Black Spade II’s securities at the time of the Business Combination may vary significantly from its price on the date the Business Combination Agreement was executed, the date of this proxy statement/prospectus, or the date on which Black Spade II Shareholders vote on the Business Combination. Following the Business Combination, fluctuations in the price of aWME’s securities could contribute to the loss of all or part of your investment. Any of the factors listed below could have a material adverse effect on your investment, and Black Spade II’s securities before the Closing (or aWME’s securities after the Closing) may trade at prices significantly below the price you paid. In such circumstances, the trading price of Black Spade II’s