Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 482

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 482
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     | $ |        (0.70 | ) |     | $ |         0.00 |

F-14

TLGY ACQUISITION CORPORATION
NOTES TO THE CONDENSED FINANCIAL STATEMENT S
JUNE 30, 2025 (UNAUDITED) NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.)

|                                                                    |     |   |    For the 
 Six Months 
      Ended 
   June 30, 
       2025 |   |     |   |    For the 
 Six Months 
      Ended 
   June 30, 
       2024 
 (Restated) |
|:-------------------------------------------------------------------|:----|:--|-----------:|:--|:----|:--|-----------:|
| Class A Redeemable ordinary shares                                 |     |   |            |   |     |   |            |
| Numerator: Allocation of net income (loss)                         |     | $ | (2,851,891 | ) |     | $ |    140,833 |
| Denominator: Basic and diluted weighted average shares outstanding |     |   |  4,715,265 |   |     |   |  5,013,940 |
| Basic and diluted net income per Class A Ordinary Shares           |     | $ |      (0.60 | ) |     | $ |       0.03 |
| Class B Non-redeemable ordinary shares                             |     |   |            |   |     |   |            |
| Numerator: Allocation of net income (loss)                         |     | $ | (2,173,970 | ) |     | $ |    161,507 |
| Denominator: Basic and diluted weighted average shares outstanding |     |   |  3,594,403 |   |     |   |  5,750,000 |
| Basic and diluted net income per Class B Ordinary Shares           |     | $ |      (0.60 | ) |     | $ |       0.03 |

Income Taxes The Company follows the asset and liability method of accounting for income taxes under ASC 740, “ Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which