Company: TLGYF
Filing Date: 2025-07-22
Form Type: 425
Source: 0001213900-25-066736
Chunk: 13

Company: TLGY ACQUISITION CORP
Filing Date: 2025-07-22
Form: 425
Chunk 13
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 also excited for the opportunity to
invest behind the Ethena team that has shown their ability to find product market fit and scale very quickly. We are also excited for
the ability to wrap that opportunity to a regulated public vehicle that can grow its underlying data to the Ethena growth and ecosystem
opportunity. And finally, to bring to the public markets an attractive valuation relative to digital asset treasury companies as detailed
on this slide.

We look forward to engaging with potential shareholders
and Ethena ecosystem stakeholders over the next few months as we look forward to bringing StablecoinX to the public markets.

Thank you for joining our web presentation, and
we look forward to getting started on a journey with our partners at Ethena. Thank you for listening.

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Additional Information and Where to Find It

In connection with the Business
Combination, Pubco intends to file with the Securities and Exchange Commission (the “SEC”) a registration statement on Form
S-4 (the “Registration Statement”), which will include a preliminary proxy statement of TLGY and a preliminary prospectus
of Pubco, and after the Registration Statement is declared effective, TLGY will mail the definitive proxy statement/prospectus relating
to the Business Combination to its shareholders as of the record date to be established for voting at the Extraordinary General Meeting.
The Registration Statement, including the proxy statement/prospectus contained therein, will contain important information about the Business
Combination and the other matters to be voted upon at the Extraordinary General Meeting. This communication does not contain all the information
that should be considered concerning the Business Combination and other matters and is not intended to provide the basis for any investment
decision or any other decision in respect of such matters. TLGY and Pubco may also file other documents with the SEC regarding the Business
Combination. TLGY’s shareholders and other interested persons are advised to read, when available, the Registration Statement, including
the preliminary proxy statement/prospectus contained therein, the amendments thereto and the definitive proxy statement/prospectus and
other documents filed in connection with the Business Combination, as these materials will contain important information about TLGY, SC
Assets, Pubco and the Business Combination.

TLGY’s shareholders
and other interested persons will be able to obtain copies of the Registration Statement, including the preliminary proxy statement/prospectus
contained therein, the definitive proxy statement/prospectus and other documents filed or that will be filed by TL