The Generation Essentials Group went public via a SPAC merger with Black Spade Acquisition II in a $488m deal.

The Generation Essentials Group, a global media and entertainment company, went public via a SPAC merger with Black Spade Acquisition II, a special purpose acquisition company, in a $488m deal. “This is about the successful listing of a comprehensive and diversified global media, entertainment, and hospitality play; the emergence of a worldwide operator in top-tier world “media” including L’Officiel and The Art Newspaper, “entertainment” including motion pictures, and “space” including coffee shops and hotels. I want to thank the Black Spade II team for their partnership and efficient handling of the deal process. With our two existing listed companies already under the NYSE banner, this third listing will offer a unique platform that brings together fashion, art, media, movies, entertainment, and hospitality under one global roof: TGE," Feridun Hamdullahpur, The Generation Essentials Group Chairman of the Board.