Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 429

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 429
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 without the right to receive such rights. In addition, if StablecoinX, at any time while the StablecoinX Warrants are outstanding and unexpired, pays a dividend or makes a distribution in cash, securities or other assets to all or substantially all the holders of shares of StablecoinX Class A Common Stock on account of such shares of StablecoinX Class A Common Stock (or other securities into which the StablecoinX Warrants are convertible), other than (a) as described above or (b) certain ordinary cash dividends, then the StablecoinX Warrant exercise price will be decreased, effective immediately after the effective date of such event, by the amount of cash and/or the fair market value of any securities or other assets paid on each share of StablecoinX Class A Common Stock in respect of such event. If the number of outstanding shares of StablecoinX Class A Common Stock is decreased by a consolidation, combination, reverse stock split or reclassification of StablecoinX Class A Common Stock or other similar event, then, on the effective date of such consolidation, combination, reverse stock split, reclassification or similar event, the number of shares of StablecoinX Class A Common Stock issuable on exercise of each StablecoinX Warrant will be decreased in proportion to such decrease in outstanding shares of StablecoinX Class A Common Stock. Whenever the number of shares of StablecoinX Class A Common Stock purchasable upon the exercise of the StablecoinX Warrants is adjusted, as described above, the StablecoinX Warrant exercise price will be adjusted by multiplying the StablecoinX Warrant exercise price immediately prior to such adjustment by a fraction (x) the numerator of which will be the number of shares of StablecoinX Class A Common Stock purchasable upon the exercise of the StablecoinX Warrants immediately prior to such adjustment, and (y) the denominator of which will be the number of shares of StablecoinX Class A Common Stock so purchasable immediately thereafter. In addition, if (i) TLGY issues additional TLGY Ordinary Shares or equity -linkedsecurities for capital raising purposes in connection with the closing of the Business Combination at a Newly Issued Price of less than $9.20 per TLGY Ordinary Share (with such issue price or effective issue price to be determined in good faith by the TLGY Board and, in the case of any such issuance to the Sponsors or their affiliates, without taking into account any Founder Shares held by the Sponsors or such affiliates, as applicable, prior