Company: TLGYF
Filing Date: 2025-12-30
Form Type: 425
Source: 0001213900-25-126549
Chunk: 2

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-30
Form: 425
Chunk 2
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 StablecoinX’s plan for value creation and strategic advantages, market size
and growth opportunities, regulatory conditions, technological and market trends, future financial condition and performance and expected
financial impacts of the proposed Transaction, the satisfaction of closing conditions to the proposed Transaction and the level of redemptions
of TLGY’s public shareholders, and StablecoinX’s expectations, intentions, strategies, assumptions or beliefs about future
events, results of operations or performance or that do not solely relate to historical or current facts. Forward-looking statements are
based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual
future events to differ materially from the forward-looking statements in this communication, including, but not limited to: the risk
that the proposed Transaction may not be completed in a timely manner or at all, which may adversely affect the price of TLGY’s
securities; the risk that the proposed Transaction may not be completed by TLGY’s business combination deadline; the failure by
the parties to satisfy the conditions to the consummation of the proposed Transaction, including the approval of TLGY’s shareholders
and the listing of StablecoinX’s securities on a national securities exchange at closing; failure to realize the anticipated benefits
of the proposed Transaction; the level of redemptions by TLGY’s public shareholders, which may reduce the public float of, reduce
the liquidity of the trading market of, and/or impact the ability of, the shares of Class A common stock of StablecoinX to be listed in
connection with the proposed Transaction; the insufficiency of the third-party fairness opinion for the board of directors of TLGY in
determining whether or not to pursue the proposed Transaction; the failure of StablecoinX to obtain or maintain the listing of its securities
on any securities exchange after closing of the proposed Transaction; risks associated with TLGY, SC Assets and StablecoinX’s ability
to consummate the proposed Transaction timely or at all, including in connection with potential regulatory delays or impediments, changes
to or a failure to launch the proposed Converge network or changes in ENA prices or for other reasons; costs related to the proposed Transaction
and as a result of becoming a public company; changes in business, market, financial, political and regulatory conditions; risks relating
to StablecoinX’s anticipated operations and business, including the volatile nature of the price of ENA and its ability to operate
its business on the proposed Converge network;