Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 547

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 547
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| Share price                              |     | $ |         12.69 |   |     | $ |        11.64 |   |
| Exercise price                           |     | $ |         11.50 |   |     | $ |        11.50 |   |
| Risk-free interest rate                  |     |   |          3.64 | % |     |   |         4.19 | % |
| Expected life of warrants                |     |   |    1.51 years |   |     |   |   1.32 years |   |
| Expected volatility of underlying shares |     |   |    de minimis | % |     |   |   de minimis | % |
| Dividend yield                           |     |   |          0.00 | % |     |   |         0.00 | % |
| Probability of business combination      |     |   |         20.00 | % |     |   |        10.00 | % |

As of September 30, 2025 and December 31, 2024, the derivative warrant liability was $27,311,400 and $457,466, respectively. In addition, for the nine months ended September 30, 2025 and 2024, the Company recorded a loss on the change in fair value of the derivative warrant liabilities on the statements of operations of $26,853,934 and $193,456, respectively. NOTE 10 — SEGMENT INFORMATION ASC Topic 290, “ Segment Reporting,” establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customer. Operating segments are defined as components of an enterprise for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker (“CODM”), or group, in deciding how to allocate resources and assess performance. The Company’s CODM has been identified as the Chief Executive Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one operating segment.

F-26

TLGY ACQUISITION CORPORATION
NOTES TO THE CONDENSED FINANCIAL STATEMENT S
SEPTEMBER 30, 2025 (UNAUDITED) NOTE 10 — SEGMENT INFORMATION (cont.) When evaluating the Company’s performance and making