Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 471

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 471
---
 outstanding shares of StablecoinX Class A Common Stock (other than those described above or that solely affects the par value of such shares of StablecoinX Class A Common Stock), or in the case of any merger or consolidation of StablecoinX with or into another corporation (other than a consolidation or merger in which StablecoinX is the continuing corporation and that does not result in any reclassification or reorganization of its issued and outstanding shares of StablecoinX Class A Common Stock), or in the case of any sale or conveyance to another corporation or entity of the assets or other property of StablecoinX as an entirety or substantially as an entirety in connection with which StablecoinX is dissolved, the holders of the StablecoinX Warrants will thereafter have the right to purchase and receive, upon the basis and upon the terms and conditions specified in the StablecoinX Warrants and in lieu of the shares of StablecoinX Class A Common Stock immediately theretofore purchasable and receivable upon the exercise of the rights represented thereby, the kind and amount of stock or other securities or property (including cash) receivable upon such reclassification, reorganization, merger or consolidation, or upon a dissolution following any such sale or transfer, that the holder of the StablecoinX Warrants would have received if such holder had exercised their StablecoinX Warrants immediately prior to such event. If less than 70% of the consideration receivable by the holders of shares of StablecoinX Class A Common Stock in such a transaction is payable in the form of capital stock or shares in the successor entity that is listed for trading on a national securities exchange or is quoted in an established over -the -countermarket, or is to be so listed for trading or quoted immediately following such event, and if the registered holder of the StablecoinX Warrant properly exercises the StablecoinX Warrant within thirty days following public disclosure of such transaction, the StablecoinX Warrant 227 exercise price will be reduced as specified in the Warrant Agreement based on the Black -ScholesWarrant Value (as defined in the Warrant Agreement) of the StablecoinX Warrant. The purpose of such exercise price reduction is to provide additional value to holders of the StablecoinX Warrants when an extraordinary transaction occurs during the exercise period of the StablecoinX Warrants pursuant to which the holders of the StablecoinX Warrants otherwise do not receive the full potential value of the StablecoinX Warrants. The Public Warrants were, and the Stablecoin