Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 1128

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 1128
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ponsors will exchange any warrant to purchase Pubco Class A Stock issued to them in respect of their Exchanged Private Warrants for the right to receive Earnout Shares from Pubco in consideration for their exchange of such SPAC Private Placement Warrants; (e)On the date of the Agreement, Ethena, Ethena OpCo, the Company and Pubco entered into the Collaboration Agreement, pursuant to which, among other things, the parties thereto agreed to collaborate on certain activities of, and provide certain services to, Pubco, (ii) that Ethena would grant to Pubco a right of participation in certain future token offerings, and (iii) to take certain actions to facilitate the transactions contemplated by that certain Token Purchase Agreement and the Cash PIPE; (f)On the date of the Agreement, Ethena, Pubco, SPAC and the Company entered into the Contribution Agreement, pursuant to which, Ethena has agreed to, among other things, prior to the Company Merger and subject to the Closing, contribute the ENA Contribution Amount to the Company in exchange for shares of Company Class B Stock (the “ ENA Contribution”); (g)On the date of the Agreement, (a) the ENA PIPE Investors have agreed to make a private investment in the Company by purchasing Company Class A Stock in the aggregate amount equal to the ENA PIPE Gross Proceeds prior to the Closing Date (the “ ENA PIPE”), and (b) the Cash PIPE Investors have agreed to make a private investment in the Company by purchasing Company Class A Stock in the aggregate amount equal to the Cash PIPE Gross Proceeds prior to the Closing Date (the “ Cash PIPE” and, together with the ENA PIPE, the “ PIPE Investments”), in each case, pursuant to the PIPE Subscription Agreements; (h)On the date of the Agreement, Ethena OpCo and the Company, solely in its capacity as [administrative agent] for the Cash PIPE Investors, have entered into the Token Purchase Agreement, pursuant to which Ethena OpCo has agreed to sell to the Company, in its capacity as [administrative agent] for the Cash PIPE Investors, a number of discounted locked ENA Tokens in an amount equal to the Locked ENA Purchase Amount; (i)At the Effective Time, immediately following the SPAC Merger and the PIPE Investment, each issued and outstanding share of Company Class A Stock (excluding Treasury Shares) shall be converted automatically into one share of Pubco Class A Stock, following