Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 256

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 256
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 advisors, and delivered a comprehensive overview of the TGE Group. The Black Spade II Board interacted directly with the TGE management team and were invited to raise any questions they had during the Q&A session. Between January 23 and January 26, 2025, the parties held multiple rounds of discussions to finalize all pending issues in the transaction documents. On January 25, 2025, Black Spade II held a board meeting, where Black Spade II’s management team presented to the Black Spade II Board the reasons to approve the Proposed Transaction for their reference. Black Spade II’s professional advisors, including Black Spade II’s legal advisor, financial due diligence advisor and joint financial advisors, attended the meeting, providing support in the presentation of valuation analysis, legal due diligence and financial due diligence. During the board meeting, the Black Spade II Board was provided with the substantially finalized forms of the Business Combination Agreement and the Ancillary Documents, reviewed the Black Spade II Board’s fiduciary duties under Cayman Islands law in the context of consideration of the Proposed Transaction with TGE, and unanimously adopted resolutions (i) determining that it is in the best interests of Black Spade II and its shareholders for Black Spade II to enter into the Business Combination Agreement, (ii) adopting the Business Combination Agreement and approving Black Spade II execution, delivery and performance of the same and the consummation of the transactions contemplated by the Business Combination Agreement including entry into the Ancillary Documents, and (iii) approving the filing of the proxy statement with the SEC, subject, in each case, to changes to the Business Combination Agreement and documentation acceptable to the authorised representative. On January 26, 2025, Clear Street LLC (“Clear Street”) and Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC (“Cohen,” and together with Clear Street, the “Advisors”) were formally engaged by Black Spade II to serve as its joint financial advisors and joint lead capital markets advisors in connection with the Business Combination. In connection therewith, the Advisors are providing capital markets advice to Black Spade II, including advice on strategic issues relating to the Business Combination such as valuation, and general assistance in implementing and closing the Business Combination, including but not limited to coordinating marketing efforts. Since the Advisors’ engagement, they have performed preparatory actions to enable them to begin actively advising and assisting the combined company after the consummation of the business combination. Among other things, the Advisors have (