Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 463

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 463
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 will be subject to those of the holders of any shares of the StablecoinX Preferred Stock that StablecoinX may issue in the future. StablecoinX Class B Common Stock Voting rights.Each holder of record of StablecoinX Class B Common Stock, as such, shall have one vote for each share of StablecoinX Class B Common Stock that is outstanding on all matters on which stockholders are entitled to vote generally. The holders of shares of StablecoinX Class B Common Stock do not have cumulative voting rights. 223 Other rights.The holders of StablecoinX Class B Common Stock will have no economic rights. The holders of StablecoinX Class B Common Stock have no pre -emptiveor conversion rights or other subscription rights. There are no redemption or sinking fund provisions applicable to the StablecoinX Class B Common Stock. StablecoinX Class B Common Stock may be transferred only as provided in the StablecoinX Certificate of Incorporation and the StablecoinX Bylaws, which provides for transfers to StablecoinX or to “Permitted Transferees” as such term is defined in the StablecoinX Bylaws. Any purported transfer in violation of these restrictions will be null and void. Preferred Stock The StablecoinX Board will have the authority, without further action by the stockholders, to issue shares of preferred stock in one or more series and to fix the designations, powers, preferences and rights, and the qualifications, limitations or restrictions thereof. These designations, powers, preferences and rights could include dividend rights, conversion rights, voting rights, redemption rights, liquidation preferences, sinking fund terms and the number of shares constituting any series or the designation of such series, any or all of which may be greater than the rights of the holders of shares of StablecoinX Connon Stock. The issuance of preferred stock could adversely affect the voting power of holders of StablecoinX Common Stock and the likelihood that such holders will receive dividend payments and payments upon liquidation. In addition, the issuance of preferred stock could have the effect of delaying, deferring or preventing a change in control of StablecoinX or other corporate action. Upon closing of the Business Combination, no shares of preferred stock will be outstanding, and StablecoinX has no present plan to issue any shares of preferred stock. Warrants As a result of and upon the effective time of the SPAC Merger, amongst other things (a) each TLGY Warrant will automatically become a redeemable StablecoinX Warrant on the same terms as the TLGY