Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 488

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 488
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 Party Transaction are arm’s -lengthand in the ordinary course of TLGY’s business, (iii) whether the Related Party Transaction contravenes TLGY’s Code of Business Conduct and Ethics or other policies, (iv) whether the Related Party Transaction would impair the independence of an otherwise independent director and his or her eligibility to serve on any committees of the TLGY Board, (v) whether the Related Party Transaction would present an improper conflict of interest for any director or executive officer of TLGY (or any subsidiary of TLGY), taking into account the size and expected term of the Related Party Transaction, the direct or indirect nature of the Related Party’s interest in the transaction, and the feasibility of recusal to minimize the conflict of interest, and (vi) other facts and circumstances that bear on whether the relationship serves the best interests of the TLGY and its stockholders. Each director, director nominee and executive officer of TLGY will, as applicable, present to the audit committee each proposed related party transaction, including all relevant facts and circumstances relating thereto. Under the policy, TLGY may consummate related party transactions only if its audit committee approves or 238 ratifies the transaction in accordance with the guidelines set forth in the policy. The policy does not permit any director or executive officer to participate in the discussion of, or decision concerning, a related person transaction in which he or she is the related party. SC Assets Related Person Transactions Software License Agreement On June 30, 2025, SC Assets entered into a Software License Agreement with Schulz von Jacob Ltd. (“ SVJ”), an entity that is owned by Ahmed J. Aly, the Chief Technology Officer of SC Assets and a holder of more than 5% of the outstanding shares of SC Assets Class B Common Stock, pursuant to which SVJ granted a perpetual, irrevocable, worldwide, royalty -freeand non -exclusivelicense to use its Node -as - a-Serviceplatform software, which will form is the basis for SC Assets’ validator business. In consideration for the contribution by SVJ of the software thereunder and for SVJ’s cash contribution to SC Assets of $22,500, SC Assets issued 52,500shares of SC Assets Class B Common Stock. Managed Services Agreement On August 8, 2025, SC Assets entered into a managed services agreement (the “ Managed Services Agreement”) with Flow Labs Limited (“ Flow Labs”), an entity that is owned by Ahmed J. Aly, the Chief Technology Officer of SC Assets and a holder