Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 56

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 56
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 “penny stock” rules). Q:Will how I vote affect my ability to exercise redemption rights? A:No. You may exercise your redemption rights whether or not you are a holder of BSII Class A Ordinary Shares on the Record Date (so long as you are a holder at the time of exercise), or whether you vote your BSII Class A Ordinary Shares for or against on any proposal described by this proxy statement/prospectus. As a result, the Business Combination Agreement can be approved by shareholders who will redeem their shares and no longer remain shareholders, leaving shareholders who choose not to redeem their shares holding shares in a company with a potentially less liquid trading market, fewer shareholders, potentially less cash and the potential inability to meet the listing standards of the Qualified Stock Exchange. 22 Q:If I choose to exercise my redemption rights, will I be eligible to receive additional consideration from aWME? No. To provide additional consideration to Black Spade II Public Shareholders, World Media and Entertainment Universal Inc. will make a cash payment equal to $1.25 multiplied by the number of BSII Class A Ordinary Shares held by eligible Black Spade II Public Shareholders on the Closing Date immediately before the Merger Effective Time, which we refer to as the Non -RedemptionPayment Amount. In order to be eligible to receive the Non -RedemptionPayment Amount, you must: (a) be a Black Spade II Public Shareholder on the Closing Date immediately before the Merger Effective Time and as of the date falling days after the Closing, (b) have not acquired your BSII Class A Ordinary Shares through a conversion of BSII Class B Ordinary Shares, and (c) never have elected to exercise a redemption right in respect of BSII Class A Ordinary Shares. Q:How do I exercise my redemption rights? A:If you are a holder of the BSII Public Shares and wish to exercise your redemption rights, you must demand that Black Spade II redeem your shares for cash no later than [a.m./p.m.] Eastern Time on , 2025, being two business days prior to the Meeting, by (A) submitting your request in writing to Continental Stock Transfer & Trust Company, Black Spade II’s transfer agent, at the address listed at the end of this section, in which you (i) request that Black Spade II redeem all or a portion of your Public Shares for cash, and (ii) identify yourself as the beneficial holder of the BSII Public Shares and provide your legal name,