Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 122

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 122
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 Combination. If any of the events, contingencies, circumstances or conditions described in the following risks actually occur, the combined company’s business, financial condition or results of operations could be seriously harmed. If that happens, the trading price of TGE Ordinary Shares or, if the Business Combination is not consummated, BSII Public Shares, could decline, and you may lose part or all of the value of any TGE Ordinary Shares or BSII Public Shares that you hold. Risks Relating to TGE’s Businesses and Industries in General Unless the context otherwise requires, all references in this subsection to “TGE ,” “we,” “us” or “our” refer to The Generation Essentials Group and its subsidiaries. We face significant competition in all aspects of our business. We compete for market share in luxury and fashion, arts, motion picture production and other media and entertainment content. The proliferation of choices available to customers for entertainment and information results in audience fragmentation and negatively affects the overall customer demand for our content and products. Our competitors include conventional magazine publishers, digital publishers, social media platforms, search platforms, portals, digital marketing services and other movie producers, among others. Competition among these companies is robust, and new competitors can quickly emerge. We also face intense competition in the hospitality sector. Our principal competitors in this sector are other operators of luxury, full -serviceand focused -servicehotels, including other major hospitality chains with well -establishedand recognized brands. We also compete against smaller hotel chains, independent and local hotel owners and operators, home and apartment sharing services and timeshare operators. Some of our current and potential competitors provide better content, products or services and or more pre -competitivealternatives to our content, products or services, or have greater resources than we do, which may allow them to compete more effectively than us. In particular, companies with compelling media and entertainment resources may provide free content or control how content is discovered, displayed and monetized in some of the primary environments in which we develop relationships with our customers, and therefore can affect our ability to compete effectively. In the hospitality sector, our competitors may have greater commercial, financial and marketing resources and more efficient technology platforms, which could allow them to improve their properties and expand and improve their marketing efforts in ways that could affect our ability to compete for guests effectively, or they could offer a type of lodging product that customers find attractive but that we do not offer. If we cannot compete successfully, our business, liquidity, financial condition, and results of operations could be