Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 293

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 293
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 the exercise of the Private Placement Warrants will not be transferable,
assignable or saleable until 30 days after the completion of a Business Combination, subject to certain limited exceptions.
Additionally, the Private Placement Warrants will be exercisable on a cashless basis and be non-redeemable, except as described above,
so long as they are held by the initial purchasers or their permitted transferees.

<div align='center'>F-39</div>

NOTE 9. FAIR VALUE MEASUREMENTS

The fair value of the
Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received
in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between
market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks
to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs
(internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to
classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:

| Level 
 1:    | Quoted                                                                                                                                     
 prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions 
 for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.                  |

| Level 
 2:    | Observable                                                                                                                             
 inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities 
 and quoted prices for identical assets or liabilities in markets that are not active.                                                  |

| Level 
 3:    | Unobservable                                                                                                        
 inputs based on assessment of the assumptions that market participants would use in pricing the asset or liability. |

The Company did not
have any assets or liabilities that are measured at fair value on March 31, 2025 and December 31, 2024.

The fair value of Public
Warrants was determined using Monte Carlo Simulation Model. The Public Warrants have been classified within shareholders’ deficit
and will not require remeasurement after issuance. The following table presents the quantitative information regarding market assumptions
used in the valuation of the Public Warrants:

|                                            |     | August 29, 
 2024       |       |   |
|:-------------------------------------------|:----