Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 282

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 282
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4. • Company B:In December 2024, Young Cho, then a director of TLGY, introduced a potential opportunity with Company B, a privately -heldCanadian bitcoin miner. Following an introductory call on December6, 2024, the parties agreed to continue conversations regarding a potential business combination transaction. On January7, 2025, Company B informed TLGY that it would no longer pursue a transaction with the company and would instead focus on a Canadian listing. • Company C:On December23, 2024, TLGY management held an introductory call with Company C, a private company in the staffing industry. TLGY signed a non -disclosureagreement (“ NDA”) was signed with Company C on January8, 2025, and a virtual data room (“ VDR”) was made available to TLGY on January20, 2025. The TLGY team attempted to conduct meaningful due diligence on Company C in February and March 2025, but were unable to do so due to the lack of cooperation from Company C. In light of this, TLGY terminated discussions with Company C. • Company D and Company E:On January7, 2025, a prior advisor to TLGY introduced Mr.Chen to Company D, a publicly traded biotech company, to discuss a three -waytransaction involving a reverse merger of a subsidiary of Company E, another publicly traded biotech company, into Company D, together with a concurrent merger with TLGY. The intent of such a transaction was to use TLGY’s cash in trust as a potential source of funding for the transaction. Mr. Chen subsequently discussed the opportunity with Mr.Cho, who by that time was the Chief Executive Officer of TLGY, and on January13, 2025, TLGY entered into a non -bindingLOI with Company D outlining the terms for a three -waytransaction, such that Company D could use it to present a proposal to Company E. Company E ultimately decided not to pursue the transaction and discussions with Company D terminated. • Company F:On January9, 2025, TLGY management, through an advisor of Carnegie’s, was introduced to Company F, a private company pursing municipal -scalewater -energysolutions. Following an introductory call and the execution of an NDA on January13, 2025, TLGY requested to speak with 112 the company’s project financing sources as part of its due diligence. Following such conversations, TLGY terminated discussions after concluding it was unlikely Company F