Company: TLGYF
Filing Date: 2025-07-23
Form Type: 425
Source: 0001213900-25-066790
Chunk: 3

Company: TLGY ACQUISITION CORP
Filing Date: 2025-07-23
Form: 425
Chunk 3
---
in TLGY, is contained in TLGY’s filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December
31, 2024, which was filed with the SEC on March 5, 2025, and is available free of charge at the SEC’s website at www.sec.gov. Information
regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of TLGY’s shareholders in
connection with the Business Combination and other matters to be voted upon at the Extraordinary General Meeting will be set forth in
the Registration Statement for the Business Combination when available.

<div align='center'>9</div>

Forward-Looking Statements

This communication includes
certain statements that may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act,
and Section 21E of the Exchange Act. Forward-looking statements include, but are not limited to, statements that refer to projections,
forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,”
“believe,” “continue,” “could,” “estimate,” “expect,” “intends,”
“may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,”
“seek,” “should,” “target,” “would” and similar expressions may identify forward-looking
statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements with
respect to the proposed Business Combination include expectations, hopes, beliefs, intentions, plans, prospects, financial results or
strategies regarding SC Assets, Pubco, TLGY and the proposed Business Combination, statements regarding the anticipated benefits and timing
of the completion of the proposed Business Combination, the assets held by SC Assets and Pubco, the price and volatility of ENA Token,
ENA Token’s growing prominence as an issuer of digital dollars on-chain, Pubco’s listing on any securities exchange, the macro,
political and regulatory conditions surrounding ENA Token, the planned business strategy including Pubco’s ability to develop a
corporate architecture capable of supporting its treasury initiatives and strategic stake in the Ethena Protocol, plans and use of proceeds,
objectives of management for future operations of Pubco, the upside potential and opportunity for investors, Pubco’s plan for value
creation and strategic advantages, market size and growth opportunities, regulatory conditions, technological and market trends, future
financial condition