Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 355

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 355
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ash and cash equivalents |     |          |     | $           | 1,300,000 |

(i)Adjustment reflects expected borrowings by TLGY 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. (ii)Adjustment reflects collection of the $300,000 SC Assets Shareholder Receivable in July 2025. (B)Adjustment reflects the collection of the $300,000 SC Assets Shareholder Receivable in July 2025. (C)Adjustment reflects expected borrowings by TLGY 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. (D)Adjustment reflects the effects of the waiver of the deferred underwrites commissions by the underwriters in TLGY’s IPO. Accordingly, an adjustment has been made to reduce the deferred underwriting commission liability by $0.9 million, with a corresponding adjustment to accumulated deficit.

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Note 4 — Transaction Accounting Adjustments to Unaudited Pro Forma Condensed Combined Balance Sheet The pro forma StablecoinX Inc. Transaction Accounting Adjustments, based on preliminary estimates that could change materially as additional information is obtained, are as follows: (A) Cash and cash equivalents— Reflects the Transaction Accounting Adjustments impact of the Business Combination on the cash and cash equivalents balance of StablecoinX. The table below summarizes the pro forma adjustments as follows:

| Description                                                       |     | Note      |     | Assuming No 
 Redemptions |            |   |     | Assuming 50% 
 Redemptions  |            |   |     | Assuming Maximum 
 Redemptions      |            |   |
|:------------------------------------------------------------------|:----|:----------|:----|:------------|-----------:|:--|:----|:-------------|-----------:|:--|:----|:-----------------|-----------:|:--|
| Reclassification of the funds held in the Trust Account           |     | 4(A)(i)   |     | $           |  6,072,600 |   |     | $            |  3,036,300 |   |     |                  |          — |   |
| Payment of transaction costs                                      |     | 4(A)(ii)  |     |             | (6,132,378