Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 695

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 695
---
mation of the Business Combination. While trading is expected to begin on the first business day following the date of completion of the Business Combination, there can be no assurance that World Media and Entertainment Universal Inc.’s securities will be listed on a or that a viable and active trading market will develop. In this prospectus, World Media and Entertainment Universal Inc. is registering the resale of up to aWME Class A Ordinary Shares andaWME Warrants that will be held by the Selling Securityholders named herein immediately following the completion of the Business Combination, andaWME Class A Ordinary Shares issuable upon the exercise of the aWME Warrants (“aWME Warrant Shares”). The aWME Class A Ordinary Shares and aWME Warrant Shares that are being registered for resale would constitute%,% and% of the total outstanding aWME Class A Ordinary Shares outstanding following the completion of the Business Combination under the no redemption, 50% redemption and maximum redemption scenarios. We will not receive any proceeds from the sale of aWME Class A Ordinary Shares or aWME Warrants by the Selling Securityholders pursuant to this prospectus. We will receive proceeds from the exercise of the aWME Warrants for cash, but not from the sale of the aWME Warrants issuable upon such exercise. Our registration of the securities covered by this prospectus does not mean that the Selling Securityholders will offer or sell any of the aWME Class A Ordinary Shares or aWME Warrants whose resale is being registered hereunder. The Selling Securityholders may offer, sell or distribute all or a portion of such aWME Class A Ordinary Shares and/or aWME Warrants publicly or through private transactions at prevailing market prices or at negotiated prices. The Selling Securityholders will bear all commissions and discounts, if any, attributable to their sales. We provide more information about how the Selling Securityholders may sell such aWME Class A Ordinary Shares and aWME Warrants in the section entitled “Plan of Distribution.” World Media and Entertainment Universal Inc. will be an “emerging growth company” as defined in the Jumpstart Our Business Startups Act of 2012, and is therefore eligible to take advantage of certain reduced reporting requirements otherwise applicable to other public companies. On May 21, 2024, the Sponsor purchased 4,312,500 BSII Class B Ordinary Shares (the “Founder Shares”) in exchange for a capital contribution of $25,000 that was paid by the Sponsor for deferred offering costs