Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 529

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 529
---
6,892,178, respectively, to increase to redemption value. Net Income per Ordinary Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “ Earnings Per Share.” Net income per ordinary share is computed by dividing net income by the weighted average number of ordinary shares outstanding for the period. The Company applies the two -classmethod in calculating earnings per share. The remeasurement adjustment associated with the redeemable Class A Ordinary Shares is excluded from earnings per share as the redemption value approximates fair value. The calculation of diluted income per ordinary share does not consider the effect of the warrants issued in connection with the (i) Initial Public Offering and (ii) the Private Placement. As of December 31, 2024, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into ordinary shares and subsequently share in the earnings of the Company. The following table reflects the calculation of basic and diluted net income per ordinary share.

|                                                                         |     |   | For the Year 
        Ended 
 December 31, 
         2024 |     |   | For the Year 
        Ended 
 December 31, 
         2023 |
|:------------------------------------------------------------------------|:----|:--|-------------:|:----|:--|-------------:|
| Class A Redeemable ordinary shares                                      |     |   |              |     |   |              |
| Numerator: Allocation of net income, as adjusted                        |     | $ |      856,733 |     | $ |    2,137,528 |
| Denominator: Basic and diluted weighted average shares outstanding      |     |   |    4,362,031 |     |   |    9,394,487 |
| Basic and diluted net income per Class A Redeemable Ordinary Share      |     | $ |         0.20 |     | $ |         0.23 |
| Class B Non-redeemable ordinary shares                                  |     |   |              |     |   |              |
| Numerator: Allocation of net income, as adjusted                        |     | $ |    1,129,339 |     | $ |    1,308,298 |
| Denominator: Basic and diluted weighted average shares outstanding      |     |   |    5,750,000 |     |   |    5,750,000 |
| Basic and diluted net income per Class B Non-Red