Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 379

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 379
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ory note payable-Current Sponsors |     | 4(A)(iii) |     |             | (2,977,325 | ) |     |              | (2,977,325 | ) |     |                  | (2,977,325 | ) |
| Proceeds from Initial PIPE                                        |     | 4(A)(iv)  |     |             |  2,500,000 |   |     |              |  2,500,000 |   |     |                  |  2,500,000 |   |
| Proceeds from Additional PIPE                                     |     | 4(A)(v)   |     |             | 16,000,000 |   |     |              | 16,000,000 |   |     |                  | 16,000,000 |   |
| Pro Forma Adjustment-Cash and cash equivalents                    |     |           |     | $           | 12,723,673 |   |     | $            |  9,618,485 |   |     | $                |  6,513,297 |   |

(i)Represents the release of $6.2 million of funds held in the Trust Account upon the closing of the Business Combination under the assumed no redemptions scenario, the release of $3.1 million of funds held in the Trust Account upon the closing of the Business Combination under the assumed 50% redemptions scenario, and no release of funds held in the Trust Account upon the closing of the Business Combination under the assumed maximum redemptions scenario, that will be made available for the ongoing operations of StablecoinX as cash and cash equivalents. Refer to Note 4(B), Cash and Investments held in Trust Account, for the corresponding pro forma adjusting entries for the decrease of funds held in the Trust Account.

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(ii)Reflects the payment of $6.1 million of nonrecurring transaction costs incurred, or estimated transaction costs remaining to be incurred, expected to be settled in cash prior to, or upon, the closing of the Business Combination. Amount represents the costs of financial advisory, legal, and other professional services, in connection with the Business Combination. (iii)Represents the settlement of convertible promissory notes from the former sponsor to TLGY in the amount of $2.9 million and the settlement of convertible promissory notes from the current Sponsor to TLGY in the amount of $3.0 million. TLGY has assumed that convertible