Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 426

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 426
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 closing of the Business Combination, StablecoinX will use its best efforts to file with the SEC a post -effectiveamendment to the registration statement for the IPO or a new registration statement covering the registration under the Securities Act of the shares of StablecoinX Class A Common Stock issuable upon exercise of the StablecoinX Warrants and thereafter will use its best efforts to cause the same to become effective within 60 business days following the Business Combination and to maintain a current prospectus relating to the shares of StablecoinX Class A Common Stock issuable upon exercise of the StablecoinX Warrants until the expiration of the StablecoinX Warrants in accordance with the provisions of the Warrant Agreement. If a registration statement covering the shares of StablecoinX Class A Common Stock issuable upon exercise of the StablecoinX Warrants is not effective by the sixtieth (60 th) business day after the closing of the Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when StablecoinX will have failed to maintain an effective registration statement, exercise StablecoinX Warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the StablecoinX Class A Common Stock is at the time of any exercise of a StablecoinX Warrant not listed 206 on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, StablecoinX may, at its option, require holders of StablecoinX Warrants who exercise their StablecoinX Warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event StablecoinX so elects, StablecoinX will not be required to file or maintain in effect a registration statement, and in the event StablecoinX does not so elect, StablecoinX will use its best efforts to register or qualify the shares of StablecoinX Class A Common Stock under applicable blue sky laws to the extent an exemption is not available. In such event, each holder would pay the exercise price by surrendering the StablecoinX Warrants for that number of shares of StablecoinX Class A Common Stock equal to the quotient obtained by dividing (x) the product of the number of shares of StablecoinX Class A Common Stock underlying the StablecoinX Warrants, multiplied by the excess of the “