Black Spade II
closedU=S+1WW=S@11.50
TGE
Capital Structure & Economics
Trust SizeN/A
Unit Price$10.00
Warrant Coverage1/1
Sponsor Promote20%
Implied Equity Architecture
| Public Trust Allocation | N/A |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedJun 24, 2025
SearchingTarget Pending
Maturation Wall
N/A
Announced Target / M&A
- Target CompanyThe Generation Essentials Group
- Sectormedia and entertainment
- Announced Deal Size$488,000,000
Board & Officers
- CEO
- Director
- Director
- Director
- Director
Advanced Structuring Terms
| Target Sectors | media and entertainment |
Syndicate & Advisors
- AMTD IDEA GroupLEAD
- AMTD Digital Inc.LEAD
- AMTD Group Inc.LEAD
- UNDERWRITER
- UNDERWRITER
Interactive Deal Modeling
Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.