AMTD Digital Subsidiary The Generation Essentials Group Completes Business Combination, Begins NYSE Trading

HKD
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. TGE's Class A ordinary shares and warrants are set to commence trading on the New York Stock Exchange and NYSE American on June 5, 2025, under ticker symbols 'TGE' and 'TGE WS', respectively.

This completion follows Black Spade II's shareholders' approval of the transaction on May 30, 2025. As a result, Black Spade II became a wholly-owned subsidiary of TGE and is expected to be delisted from The Nasdaq Stock Market LLC.

Dr. Feridun Hamdullahpur, Chairman of the Board of TGE, stated that this third listing for AMTD Group will offer a unique platform integrating fashion, art, media, movies, entertainment, and hospitality. The successful listing provides TGE with a global platform to further its strategies in multi-media, entertainment, and cultural affairs worldwide.

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