Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 338

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 338
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ited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S -X, as amended by the Final Rule, Release No. 33 -10786, “Amendments to the Financial Disclosures about Acquired and Disposed Businesses.” The unaudited pro forma condensed combined financial information presents the pro forma effects of the Business Combination and the material transactions that have occurred, or are probable of occurring, subsequent to the latest balance sheet date that are material to investors. The unaudited pro forma combined balance sheet of StablecoinX as of June 30, 2025 combines the historical unaudited balance sheet of TLGY and historical audited balance sheet of SC Assets as if the transactions had been consummated on June 30, 2025. The unaudited pro forma combined statement of operations of StablecoinX for the six months ended June 30, 2025 combines the historical unaudited statement of operations of TLGY for the six months ended June 30, 2025 with the audited statement of operations of SC Assets from inception (June 30, 2025) through June 30, 2025 as if the transactions had been completed on January 1, 2025. StablecoinX was incorporated in July 7, 2025 and hence the unaudited pro forma condensed combined balance and the combined pro forma income statement of StablecoinX as of and for the six months ended June 30, 2025 presented herein do not include actual historical financial information of StablecoinX. The following unaudited pro forma condensed combined financial information should be read in conjunction with, the following: •unaudited financial statements of TLGY for the six months ended June30, 2025 and the related notes, included elsewhere in this proxy statement/prospectus; and •audited financial statements of SC Assets as of June30, 2025 and the related notes, included elsewhere in this proxy statement/prospectus. •audited financial statements of StablecoinX as of August31, 2025 and the related notes, included elsewhere in this proxy statement/prospectus. The unaudited pro forma combined financial information has been prepared to illustrate the effect of the Business Combination and other material transactions and has been prepared for informational purposes only. The transactions will be accounted for as a reverse recapitalization in accordance with GAAP. Under this method of accounting, TLGY will be treated as the “acquired” company for financial reporting