Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 614

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 614
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:                                       |     |   |         |   |
|:----------------------------------------------------------------------------|:----|:--|--------:|:--|
| Net loss                                                                    |     | $ | (26,071 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities: |     |   |         |   |
| Changes in operating assets and liabilities:                                |     |   |         |   |
| Accounts payable – related party (Note 5)                                   |     |   |  26,071 |   |
| Net cash used in operating activities                                       |     |   |       — |   |
| Net change in cash                                                          |     |   |       — |   |
| Cash – beginning of period                                                  |     |   |       — |   |
| Cash – end of period                                                        |     | $ |       — |   |
| Supplemental disclosures of noncash investing and financing activities:     |     |   |         |   |
| Contribution of intangible asset                                            |     | $ | 502,500 |   |
| Receivable from stockholders for Class B common stock issuance              |     | $ | 300,000 |   |

See accompanying notes to the financial statements.

F-75 StablecoinX Assets Inc. Notes to Financial Statements June 30, 2025 Note 1. Description of Business StablecoinX Assets Inc., doing business as StablecoinX, (collectively “StablecoinX” or “the Company”) was incorporated on June 30, 2025 as a Delaware corporation. As of June 30, 2025, the Company had not commenced any operations. All activity for the period from June 30, 2025 (inception) through June 30, 2025 were organizational activities and those necessary to prepare for the Company’s pending business combination, described below. The Company will not generate any material operating revenues until after the completion of the proposed business combination. The Company represents a newly -formedvalidator and infrastructure business supporting the Ethena ecosystem. The Company has selected December 31 as its fiscal year end. Once operational, the Company will run validator nodes and stake its own token treasury, and may offer staking services to institutional clients for their specific blockchain protocol. Business Combination On July 21, 2025, the Company entered into a business combination agreement (the “Business Combination Agreement”) with TLGY Acquisition Corporation Corp, a Cayman Island exempted company (“TLGY”), StablecoinX Inc