Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 832

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 832
---
 to the Company, the Subscribed Shares at the Closing (as defined below) (such subscription and issuance, the “ Subscription ”). Annex G-2-2 Section 2. Payment of the Purchase Price; Custodial Account; Closing. (a) The consummation of the Subscription contemplated hereby (the “ Closing ”) shall occur immediately prior to the consummation of the Company Merger, which will take place on the same date as the closing of the Transactions, in each case, pursuant to, and subject to the terms and conditions of, the BCA (such date, the “ Closing Date ”). (b) The Purchase Price shall be paid in accordance with this Section 2(b) , in cash or U.S. dollar-denominated stablecoins (“ USDC ” or “ USDT ” and, collectively with cash, “ Cash ”) as designated on the signature page hereto, in such amounts as indicated on Subscriber’s signature page of this Subscription Agreement. The Subscriber shall deliver, no later than 9:00 a.m. (Eastern time) on or prior to the date hereof, the Purchase Price (A) if in cash, via wire transfer of United States dollars in immediately available funds, or (B) if in USDC or USDT, by electronic deposit, in each case, to a custodial account established for the benefit of the Subscribers paying the Purchase Price hereunder in Cash (the “ Custodial Account ”), with Anchorage Digital Bank N.A. serving as custodian (the “ Custodian ”) (the aggregate cash, USDC or USDT (collectively, “ Cash ”) proceeds deposited into such account from such Subscribers hereunder, the “ Cash PIPE Proceeds ” and the deposit of the Cash PIPE Proceeds into such account, the “ Cash PIPE Deposit ”). For the avoidance of doubt, the Custodial Account is a separate account from the custodial account into which the Cash PIPE Proceeds (as defined in the Signing Subscription Agreements) and Locked ENA Tokens (as defined in the Signing Subscription Agreement) were deposited in accordance with the terms of the Signing Subscription Agreements. (c) (i) Promptly after the Cash PIPE Deposit, the Cash PIPE Proceeds, less up to $16.0 million that the Company and Pubco may use to pay certain transaction expenses at Closing (the “ Permitted Expense Amount ” and, the Cash PIPE Proceeds less the Permitted Expense Amount, the “ Locked ENA Purchase Amount ”),