---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-056485"
form_type: "8-K"
ticker: null
cik: "0002025065"
company_name: "Black Spade Acquisition II Co"
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T23:05:16.584886+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-056485
- form_type: 8-K
- cik: 0002025065
- company_name: Black Spade Acquisition II Co
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2025065/000110465925056485/0001104659-25-056485-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2025065/000110465925056485/tm2516508d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-056485
- JSON: https://secwatch.observer/filing/0001104659-25-056485.json
- Plain text: https://secwatch.observer/filing/0001104659-25-056485.txt

## Key facts
- M&A Transactions
  Black Spade Acquisition II Co underwent a change of control involving The Generation Essentials Group (TGE) (closed 2025-06-03).
  - Action: change of control
  - Counterparty: The Generation Essentials Group (TGE)
  - Closing: 2025-06-03
  source text: Merger Sub merged with and into Black Spade II, with Black Spade II surviving the merger
  evidence_url: https://www.sec.gov/Archives/edgar/data/2025065/000110465925056485/0001104659-25-056485-index.htm
- M&A Transactions
  Black Spade Acquisition II Co completed an acquisition involving Black Spade Acquisition II Co (closed 2025-06-03).
  - Action: acquisition
  - Counterparty: Black Spade Acquisition II Co
  - Closing: 2025-06-03
  source text: Merger Sub merged with and into Black Spade II, with Black Spade II surviving the merger
  evidence_url: https://www.sec.gov/Archives/edgar/data/2025065/000110465925056485/0001104659-25-056485-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.