Company: TLGYF
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001104659-25-032443
Chunk: 19

Company: TLGY ACQUISITION CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 19
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) and (iii), to our obligations under Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of applicable law. There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless if we fail to complete our initial business combination before the Termination Date. 
 There will be no distribution from the Trust Account with respect to our warrants which will expire worthless in the event we wind up.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
 In the event of a liquidation, our Sponsors, former sponsor and our officers and directors and anchor investors will not receive any monies held in the Trust Account as a result of their ownership of the Founder Shares or Private Placement Warrants.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ​ |

17

| ​ | ​                                                                                                     | ​ | ​ | If the Extension Proposal is approved and the Contingent Right Proposal is not approved, immediately after the initial business combination redemption time and immediately prior to the closing of our initial business combination, we will effect a pro-rata distribution to our public shareholders of distributable redeemable warrants, as described in our Annual Report on Form 10-K filed with the SEC on March 5, 2025. Public shareholders who elect not to redeem some or all of their shares in connection with this proxy solicitation, and on any later redemption date, would be entitled to their pro rata portion of the distributable redeemable warrants upon such distribution. The aggregate amount of distributable redeemable warrants available for distribution would remain unchanged. Therefore, any redemption requests made in connection with the Extension Proposal and the initial business combination would increase the pro rata share of distributable redeemable warrants to be distributed to each public shareholder with respect to any shares not redeemed by such shareholder. Notwithstanding the conversion of the Founder Shares to Class A ordinary shares that may occur if the Founder Shares Amendment Proposal is approved, none of the former Founder Shares will be entitled to receive any distributable redeemable warrants upon a distribution. | ​ |
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| ​ | ​                                                                                                     | ​ | ​ | If the Adjournment Proposal is not approved, the Chairman may not be able to adjourn the Extraordinary General Meeting to a later date or dates in the event that there are insufficient votes for, or