Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 106

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 106
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 Pro Forma Condensed Combined Financial Information” for more information. (6)Represents repayment of Extension Promissory Notes and Working Capital Loans to the Sponsors. (7)Represents expected borrowings of $1,000,000 under the Promissory Notes issued in July 2025 which will be repaid at closing of the Business Combination with the proceeds from PIPEs. (8)Represents the fair value, as of September 4, 2025, of ENA tokens received from Initial PIPE Investors less payment of $1.6 million of nonrecurring financial advisory transaction costs in ENA Tokens. See the section entitled “ Unaudited Pro Forma Condensed Combined Financial Information” for more information. U.S. Federal Income Tax Considerations of the Mergers For a discussion summarizing certain material U.S. federal income tax considerations and consequences of the Mergers, please see “ Material U.S. Federal Income Tax Considerations”. Summary Risk Factors In evaluating the proposals to be presented at the extraordinary general meeting, shareholders should carefully read this proxy statement/prospectus and especially consider the factors discussed in the section of this proxy statement/prospectus entitled “ Risk Factors” beginning on page 23. In particular, such risks include, but are not limited to, the following: Risks Related to the Business Combination and TLGY •Directors and officers of TLGY have potential conflicts of interest in recommending that shareholders vote in favor of approval of the Business Combination and approval of the other proposals described in this proxy statement/prospectus. •The TLGY Insiders, including the Sponsors, have entered into the Sponsor Support Agreement with StablecoinX, TLGY and SC Assets to vote in favor of the Business Combination, regardless of how TLGY’s Public Shareholders vote. •You will not have any rights or interests in funds from the Trust Account, except under certain limited circumstances. Therefore, to liquidate your investment, you may be forced to sell your Public Shares or Public Warrants, potentially at a loss. •There is no assurance that TLGY’s due diligence will reveal all material risks that may be present with regard to SC Assets. Subsequent to the consummation of the Business Combination, StablecoinX may be required to take write -downsor write -offs, restructuring and impairment or other charges that could have a significant negative effect on its financial condition, results of operations and the share price of its securities, which could cause you to lose some or all of your investment.