Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 138

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 138
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2025, assuming no redemptions), plus (ii) approximately $18.5million of cash funded pursuant to the PIPE Investments, less (iii) the repayment of promissory notes to the Sponsors of approximately $5.9million, less (iv) the amount of estimated transaction expenses of approximately $6.1million, divided by (b) 66,475,019 shares of StablecoinX Class A Common Stock, which is the sum of (i) 489,887 (which is the number of Public Shares outstanding assuming no redemptions), plus (ii) 58,210,553 (which is the total estimated number of PIPE Shares), plus (iii) 1,994,251 (which is the estimated number of Founder Shares that will remain outstanding upon the Closing, held by the Sponsor and other TLGY Insiders, (iv) 5,080,329 (which is the estimated number of shares to be issued to Ethena pursuant to the Contribution Agreement), plus (v) 700,000 (which is the number of shares to be issued to the Sellers) and (2) under the Maximum Redemptions Scenario, such amount would be equal to $0.10 per share, which is the quotient of (a) $6.5million, which is the TLGY Closing Cash in the Maximum Redemptions Scenario, including (i) approximately $0.0million in cash remaining in the Trust Account (after redemptions of $6.2 million under the Maximum Redemptions Scenario), plus (ii) approximately $18.5million of cash funded pursuant to the PIPE Investments, less (iii) the repayment of promissory notes to the Sponsors of approximately $5.9million, less (iv) the amount of estimated transaction expenses of approximately $6.1million, divided by (b) 65,969,981, which is the sum of (i) 0 (which is the number of Public Shares outstanding assuming maximum redemptions), plus (ii) 58,210,553 (which is the total estimated number of PIPE Shares), (iii) 1,979,099 (which is the estimated number of Founder Shares that will remain outstanding upon the Closing, held by the Sponsor and other TLGY Insiders), (iv) 5,080,329 (which is the estimated number of Shares to be issued to Ethena pursuant to the Contribution Agreement), plus (v) 700,000 (