Company: TGE
Filing Date: 2025-05-06
Form Type: F-4/A
Source: 0001213900-25-040058
Chunk: 163

Company: Generation Essentials Group
Filing Date: 2025-05-06
Form: F-4/A
Chunk 163
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 further decline. Broad market and industry factors may materially harm the market price of TGE’s securities after the Closing, irrespective of TGE’s operating performance. The stock market and stock exchanges in general have experienced price and volume fluctuations that have often been unrelated or disproportionate to the operating performance of the particular companies affected. The trading prices and valuations of these shares, and of TGE’s securities, may not be predictable. A loss of investor confidence in the market for the shares of other companies, could depress the price of TGE’s securities regardless of its business, prospects, financial conditions or results of operations. A decline in the market price for TGE’s securities also could adversely affect TGE’s ability to issue additional securities and TGE’s ability to obtain additional financing in the future. Black Spade II and TGE will incur significant transaction and transition costs in connection with the Proposed Transactions. Black Spade II and TGE have both incurred and expect to incur significant, non -recurringcosts in connection with consummating the Business Combination, and TGE may also incur significant additional costs to operate as a public company following the consummation of the Business Combination and retain key employees. All expenses incurred in connection with the Business Combination Agreement and the Business Combination, including all legal, accounting, consulting, investment banking and other fees, expenses and costs, will be for the account of the party incurring such fees, expenses and costs. 98 Investors of TGE may not receive the same benefits as an investor in an underwritten public offering. TGE will become a publicly listed company upon the completion of the Proposed Transactions. The Proposed Transactions are not an underwritten initial public offering of TGE’s securities and differ from an underwritten initial public offering in several significant ways, which include, but are not limited to, the following: Like other business combinations and spin -offs, in connection with the Proposed Transactions, investors will not receive the benefits of the due diligence performed by the underwriters in an underwritten public offering. Investors in an underwritten public offering may benefit from the role of the underwriters in such an offering. In an underwritten public offering, an issuer initially sells its securities to the public market through one or more underwriters, who distribute or resell such securities to the public. Underwriters have liability under the U.S. securities laws for material misstatements or omissions in a registration statement pursuant to which an issuer sells securities. Section 11 of the Securities Act (“Section 11”) imposes liability on parties, including