Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 429

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 429
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 initial business combination will be made using funds held outside the trust account. After Black Spade II’s initial business combination, members of its management team who remain with Black Spade II may be paid consulting, management or other fees from the combined company with any and all amounts being fully disclosed to Black Spade II Shareholders, to the extent then known, in the proxy solicitation or tender offer materials, as applicable, furnished to Black Spade II Shareholders. It is unlikely the amount of such compensation will be known at the time of distribution of such tender offer materials or at the time of a general meeting held to consider Black Spade II’s initial business combination, as applicable, as it will be up to the directors of the post -combinationbusiness to determine executive and director compensation. Black Spade II have entered into a registration rights agreement with respect to the Founder Shares and Private Placement Warrants. On January 27, 2024, concurrently with the execution of the Business Combination Agreement, Black Spade II entered into a sponsor support agreement and deed, with the Sponsor and certain other holders of BSII Class B Ordinary Shares and BSII Private Warrants (each, and together with the Sponsor, the “Sponsor Parties”), pursuant to which each Sponsor Party agreed to, among other things, (i) attend the extraordinary general meeting of holders of BSII Shares (including any permitted adjournment or postponement) to establish a quorum for the purpose of approving the Business Combination, and (ii) vote the BSII Class B Ordinary Shares, and any other of BSII securities acquired by such Sponsor Party in favor of approving the transactions contemplated by the Business Combination Agreement. In connection with the execution of the Business Combination Agreement, Black Spade II, the Sponsor and other affiliates of Black Spade II have entered into a number of agreements with TGE. See “Business Combination Agreement” and “Agreements in Connection With the Business Combination Agreement.” Certain Relationships and Related Person Transactions — TGE TGE has generated US$2,888,000, US$2,726,000 and US$2,737,000 of marketing income from AMTD Group Inc. in 2022, 2023 and 2024. Employment Agreements and Indemnification Agreements See “Management Following the Business Combination — Employment Agreements and Indemnification Agreements.” Share Incentive Plans See “Management Following the Business Combination — Share Incentive Plan.” License Agreement between TGE and AMTD Group Inc. See “