TGE completes de-SPAC merger with Black Spade II at $488M equity value; shares start June 5

Black Spade Acquisition II Co

Business combination closed June 3, 2025; each BSII share converted into one TGE Class A ordinary share.
TGE (media, entertainment, hospitality) to trade on NYSE & NYSE American under 'TGE' and 'TGE WS' starting June 5.
TGE equity value set at $488M; Black Spade II becomes wholly-owned subsidiary of TGE.
All BSII officers/directors resigned; delisting from Nasdaq and SEC deregistration to follow.
Registration rights agreement entered with sponsor shareholders for customary registration rights.

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