The Generation Essentials Group Completes Business Combination, Begins Trading on NYSE

AMTD
October 08, 2025

The Generation Essentials Group (TGE), an entity jointly established by AMTD Group, AMTD IDEA Group, and AMTD Digital Inc., announced the completion of its business combination with Black Spade Acquisition II Co (BSII). This follows Black Spade II's shareholders' approval on May 30, 2025.

As a result of the Business Combination, TGE's Class A ordinary shares and warrants commenced trading on the New York Stock Exchange and NYSE American on June 5, 2025, under the ticker symbols 'TGE' and 'TGE WS', respectively. Black Spade II became a wholly owned subsidiary of TGE and is expected to be delisted from The Nasdaq Stock Market LLC.

This listing establishes TGE as a comprehensive and diversified global media, entertainment, and hospitality platform, encompassing brands like L'Officiel and The Art Newspaper, motion pictures, and hospitality ventures. This marks AMTD Group's third listed company, offering a unique platform for fashion, art, media, movies, entertainment, and hospitality.

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