Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 461

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 461
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 defined as components of an enterprise that engage in business activities from which it may recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess performance. The Company’s chief operating decision maker (“CODM”) has been identified as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that there is only one reportable segment. The CODM assesses performance for the single segment and decides how to allocate resources based on net income that also is reported on the statement of operations as net income. The measure of segment assets is reported on the balance sheet as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income and total assets, which include the following:

|               |     | December 31, 
 2024         |             |
|:--------------|:----|:-------------|------------:|
| Trust Account |     | $            | 155,345,149 |
| Cash          |     | $            |   2,117,016 |

|                                      |     | For the Period 
 from May 9,    
 2024           
 (Inception)    
 Through        
 December 31,   
 2024           |           |
|:-------------------------------------|:----|:---------------|----------:|
| General and administrative expenses  |     | $              | 1,485,361 |
| Interest earned on the Trust Account |     | $              | 2,475,445 |

The CODM reviews interest earned on the Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the Trust Agreement.

F-21 BLACK SPADE ACQUISITION II CO NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024 NOTE 10 — SEGMENT INFORMATION (cont.) General and administrative expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business combination or similar transaction within the business combination period. The CODM also reviews general and administrative costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative costs, as reported on the statement of operations, are the significant segment