The Generation Essentials (TGE) Group and Black Spade Acquisition II Co (BSII) announced that their previously proposed business combination was approved at an extraordinary general meeting of Black Spade II’s shareholders on May 30, 2025. The Business Combination is expected to close on June 3, 2025. Upon closing, TGE will become the publicly traded entity, with its Class A ordinary shares and warrants to be listed under the ticker symbols “TGE” and “TGEWS”, respectively, on the New York Stock Exchange and NYSE American. The Generation Essentials Group, jointly established by AMTD Group, AMTD IDEA Group (AMTD) and AMTD Digital Inc. (HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BSII: