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Casino Tycoon Lawrence Ho’s SPAC Swings Wildly After Merger With ‘Media And Entertainment Group’

  • The Generation Essentials Group finalized its merger with Black Spade II, with TGE's Class A shares and warrants set to begin trading on the NYSE and NYSE American under the symbols "TGE" and "TGE WS" starting June 5, 2025.
  • Following shareholder approval on May 30, 2025, Black Spade II was integrated into TGE as a fully owned division and is anticipated to be removed from the Nasdaq stock exchange.
  • TGE integrates a global media, entertainment, and hospitality platform including L'Officiel, The Art Newspaper, Chinese-language movies, and operations in hotels and coffee shops across multiple regions.
  • Dr. Feridun Hamdullahpur described the listing as a key achievement that establishes a varied international presence across media, entertainment, and hospitality sectors, while Dennis Tam noted that the merger represents an important milestone for shareholders.
  • The business combination strengthens TGE’s position with a solid capital platform and opportunities for cross-collaboration, aiming to become a leading global media, fashion, and art company.
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THE GENERATION ESSENTIALS GROUP AND BLACK SPADE ACQUISITION II CO COMPLETE BUSINESS COMBINATION

The Generation Essentials Group's Class A Ordinary Shares and Warrants to Begin Trading on the New York Stock Exchange and NYSE American on June 5, 2025, under Ticker Symbols "TGE" and "TGE WS", Respectively.

The Generation Essentials Group’s Common Stock and Warrants to Commence Trading on the New York Stock Exchange and NYSE American on June 5, 2025, Under the Symbols “TGE” and “TGE WS,” Respectively. HONG KONG, June 5, 2025 – (Asia Pacific Business News via SeaPRwire.com) – On June 4, The Generation Essentials Group (“TGE”), a company comprised of AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc.

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Benzinga broke the news in New York, United States on Wednesday, June 4, 2025.
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