Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 424

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 424
---
.The holders of StablecoinX Class B Common Stock will have no economic rights. The holders of StablecoinX Class B Common Stock have no pre -emptiveor conversion rights or other subscription rights. There are no redemption or sinking fund provisions applicable to the StablecoinX Class B Common Stock. Warrants As a result of and upon the effective time of the SPAC Merger, amongst other things (a) each TLGY Warrant will be automatically become a redeemable StablecoinX Warrant on the same terms as the TLGY Warrants, and (b) each TLGY Unit issued and outstanding as of immediately prior to the SPAC Merger will automatically be canceled and 205 each holder will receive one share of StablecoinX Class A Common Stock and one -halfof one StablecoinX Warrant. No fractional StablecoinX Warrants will be issued upon separation of the TLGY Units. As a result of the Sponsors Securities Exchange, no Private Placement Warrants of StablecoinX will be outstanding. Public Warrants Each whole Public Warrant will entitle the registered holder to purchase one share of StablecoinX Class A Common Stock at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing 30 days after the completion of the Business Combination, provided that StablecoinX has an effective registration statement under the Securities Act covering the shares of StablecoinX Class A Common Stock issuable upon exercise of such StablecoinX Warrants and a current prospectus relating to them is available (or StablecoinX permits holders to exercise such StablecoinX Warrants on a cashless basis under the circumstances specified in the Warrant Agreement) and such shares are registered, qualified or exempt from registration under the securities, or blue sky, laws of the state of residence of the holder. Pursuant to the Warrant Agreement, a warrant holder may exercise its StablecoinX Warrants only for a whole number of shares of StablecoinX Class A Common Stock. This means only a whole StablecoinX Warrant may be exercised at a given time by a warrant holder. No fractional StablecoinX Warrants will be issued upon separation of the TLGY Units and only whole StablecoinX Warrants will trade. The StablecoinX Warrants will expire five years after the completion of the Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation. StablecoinX will not be obligated to deliver any shares of StablecoinX Class