Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 510

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 510
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 | (4,547,668 | ) |     | $    |  1,013,968 |   |

General and administrative costs are reviewed and monitored by the CODM to management and forecast cash to ensure enough capital is available to complete an Initial Public Offering and eventually a Business Combination within the business combination period. The CODM also reviews general and administrative costs to manage, maintain, and enforce all contractual agreements to ensure costs are aligned with all agreement and budget. General and administrative expenses, as reported on the statements of operations, are the significant segment expenses provided to the CODM on a regular basis. All other segment items included in net income or loss are reported on the statements of operations and described within their respective disclosures. Total assets are reviewed and monitored by the CODM to determine if the Company has maintained enough capital in order to complete its initial Business Combination. Income earned on cash and investments held in the Trust Account is reviewed and monitored by the CODM to determine returns for potential redeeming shareholders based on the interest earned on the holdings within the Trust Account. NOTE 11 — SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to August 7, 2025, the date that the financial statements were available to be issued. Based upon this review, except as noted below and as disclosed as current reports under various Form 8 -Kfiled with the SEC, the Company did not identify any other subsequent events that would have required adjustment to or disclosure in the financial statements. Business Combination with StablecoinX Assets Inc. See Note 1 for additional information.

F-29 TLGY ACQUISITION CORPORATION
NOTES TO THE CONDENSED FINANCIAL STATEMENT S
JUNE 30, 2025 (UNAUDITED) NOTE 11 — SUBSEQUENT EVENTS (cont.) Promissory Notes On July 15, 2025, in order to deposit the monthly extension payment to extend the period of time that the Company has to complete its initial Business Combination by an additional month for the period from July 17, 2025 to August 16, 2025, the Company issued unsecured promissory notes to each of CPCSO and CPC Parallel (the “2025 July Extension Promissory Notes”), pursuant to which the Company was provided $13,349 and $11,145, respectively. These 2025 July Extension Promissory Notes are non -interestbearing and payable on the earlier of (i) fifteen (15