Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 391

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 391
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 be less than $5,000,001 and (b) the limitation that the Company shall not redeem public shares in an amount that would cause the Company’s net tangible assets to be less than $5,000,001 following such redemptions, and (iii) to provide for the right of a holder of the Class B Ordinary Shares to convert their Class B Ordinary Shares into Class A Ordinary Shares on a one -for -onebasis prior to the closing of the Business Combination (the “ Extension Meeting”). At the Extension Meeting, TLGY shareholders also approved the detachment and cancellation of the contingent rights to receive one -fourthof one redeemable warrant that were initially attached to the TLGY Units issued in the IPO. In connection with the Extension Meeting, shareholders holding 3,227,320 TLGY Class A Ordinary Shares exercised their right to redeem their shares for a pro rata portion of the funds in the Trust Account. As a result, approximately $39.1 million (approximately $12.12 per public share) was removed from the Trust Account and paid to such holders and approximately $5.9 million remained in the Trust Account. On April 18, 2025, pursuant to the terms of the TLGY Organizational Documents, the Sponsors elected to convert all of the TLGY Class B Ordinary Shares held by them on a one -for -onebasis into TLGY Class A Ordinary Shares, resulting in the Sponsors owning an aggregate of 3,305,228 Founder Shares, consisting of 3,305,228 TLGY Class A Ordinary Shares and 0 TLGY Class B Ordinary Shares. Following such conversion and giving effect to the redemption of Public Shares in connection with the Extension Meeting, as of April 18, 2025, TLGY had an aggregate of 5,834,587 TLGY Class A Ordinary Shares issued and outstanding and 105,000 TLGY Class B Ordinary Shares issued and outstanding. The net proceeds deposited into the Trust Account remain on deposit in the Trust Account earning interest. As of the Record Date, there was $[•] in investments and cash held in the Trust Account. IPO Underwriters’ Deferred Underwriting Fee Waiver The underwriters in our IPO, of which Mizuho served as the representative, agreed to defer $8,650,000 in underwriting fees payable, which fees are payable upon the completion of our initial business combination. In May 2024, we entered into a waiver with Mizuho, pursuant to which Mizuho agreed