Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 658

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 658
---
 the “ PIPE Investments ”), in each case, pursuant to subscription agreements substantially in the form set forth on Exhibit B (the “ PIPE Subscription Agreements ”); WHEREAS , on the date of this Agreement, Ethena OpCo and the Company, solely in its capacity as administrative agent for the Cash PIPE Investors, have entered into a token purchase agreement (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 a portion of the Cash PIPE Gross Proceeds, as adjusted pursuant to the terms of the Token Purchase Agreement; WHEREAS , concurrently with the Closing, each Sponsor, SPAC, and Pubco, shall enter into an amended and restated registration rights agreement, which will amend and restate the Founder Registration Rights Agreement (as defined herein) to add Pubco as a party and cover the resale of the shares of Pubco Stock held by the Sponsors, the Sellers and Ethena substantially in the form set forth on Exhibit C (the “ Amended and Restated Registration Rights Agreement ”); WHEREAS , concurrently with the Closing, each of the current holders of outstanding Company Class B Stock (each, a “ Seller ”) and each of the SPAC Shareholders set forth on Annex A (the “ Sponsors ”) shall enter into a Lock-Up Agreement with Pubco substantially in the form set forth on Exhibit D (each, a “ Lock-Up Agreement ”), pursuant to which each Seller and each Sponsor shall agree not to transfer its shares of Pubco Stock for a period of six (6) months after the Closing; WHEREAS , the board of directors of SPAC (the “ SPAC Board ”) has unanimously: (a) determined that this Agreement and the Ancillary Documents to which SPAC is a party and the Transactions are advisable and in the best interests of SPAC and the SPAC Shareholders; (b) authorized and approved the execution, delivery and performance by SPAC of this Agreement and the Ancillary Documents to which SPAC is a party and the Transactions; (c) approved the Transactions as a Business Combination; and (d) recommended the adoption and approval of this Agreement and the Ancillary Documents to which SPAC is a party and the Transactions by the SPAC Shareholders; WHEREAS , the respective boards of directors of Pubco and the Company have each unanimously (a) determined that this Agreement and