Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 191

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 191
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 date we fixed for the redemption to the registered holders of the Public Warrants to be redeemed at their last addresses as they shall appear on the registration books. Any notice mailed in the manner herein provided shall be conclusively presumed to have been duly given whether or not the registered holder received such notice. In addition, beneficial owners of the warrants will be notified of such redemption by our posting of the redemption notice to DTC. Black Spade II’s ability to successfully effect the Business Combination and TGE’s ability to successfully operate the business thereafter will be largely dependent upon the efforts of certain key personnel of TGE, all of whom Black Spade II expects to stay with TGE following the Closing. The loss of such key personnel could negatively impact the operations and financial results of the combined business. Black Spade II’s ability to successfully effect the Business Combination and TGE’s ability to successfully operate the business following the Closing is dependent upon the efforts of certain key personnel of TGE. Although Black Spade II expects key personnel to remain with TGE following the Business Combination, there can be no assurance that they will do so. It is possible that TGE will lose some key personnel, the loss of which could negatively impact the operations and profitability of TGE. Furthermore, following the Closing, certain of the key personnel of TGE who will become the management of TGE may be unfamiliar with the requirements of operating a company regulated by the SEC, which could cause TGE to have to expend time and resources helping them become familiar with such requirements. Black Spade II may not have sufficient funds to satisfy indemnification claims of its directors and executive officers. Black Spade II has agreed to indemnify its officers and directors to the fullest extent permitted by law. However, Black Spade II’s officers and directors have agreed to waive any right, title, interest or claim of any kind in or to any monies in the Trust Account. Accordingly, any indemnification provided will be able to be satisfied by Black Spade II only if (i) Black Spade II has sufficient funds outside of the Trust Account or (ii) Black Spade II consummates an initial business combination. Black Spade II’s obligation to indemnify its officers and directors may discourage shareholders from bringing a lawsuit against its officers or directors for breach of their fiduciary duty. These provisions also may have the effect of reducing the likelihood of derivative litigation against Black Spade II’s officers and directors, even though such an action, if successful, might otherwise benefit Black Spade II and its