Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 475

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 475
---
 StablecoinX is also expressly authorized to carry directors’ and officers’ liability insurance providing indemnification for directors, officers and certain employees for some liabilities. StablecoinX believes that these indemnification and advancement provisions and insurance are useful to attract and retain qualified directors and executive officers. The limitation of liability, indemnification and advancement provisions in the StablecoinX Certificate of Incorporation and the StablecoinX Bylaws may discourage stockholders from bringing a lawsuit against directors for breach of their fiduciary duty. These provisions also may have the effect of reducing the likelihood of derivative litigation against directors and officers, even though such an action, if successful, might otherwise benefit StablecoinX and its stockholders. In addition, your investment may be adversely affected to the extent StablecoinX pays the costs of settlement and damage awards against directors and officers pursuant to these indemnification provisions. StablecoinX believes that these provisions, liability insurance and any indemnity agreements that may be entered into are necessary to attract and retain talented and experienced directors and officers. 229 Insofar as indemnification for liabilities arising under the Securities Act may be permitted to StablecoinX’ directors, officers and controlling persons pursuant to the foregoing provisions, or otherwise, StablecoinX has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. There is currently no pending material litigation or proceeding involving any of TLGY’s directors, officers or employees for which indemnification is sought. Transfer Agent and Registrar The Transfer Agent and registrar for the shares of StablecoinX Class A Common Stock will be Continental. Listing Pursuant to the terms of the Business Combination Agreement, as a closing condition (subject to certain exceptions), TLGY is required to cause the StablecoinX Class A Common Stock issued in connection with the Business Combination to be approved for listing on Nasdaq (or another national securities exchange), but there can be no assurance that such listing condition will be met. If such listing condition is not met, the Business Combination will not be consummated unless the listing condition is waived by the parties to the Business Combination Agreement. Following the Closing, the StablecoinX Class A Common Stock and StablecoinX Warrants are intended to be listed, subject to Nasdaq approval, under the proposed symbols “USDE” and “USDEW”, respectively. It is important for you to know that, at the time of our extraordinary general meeting, we may not have received from Nasdaq (or another national securities exchange