Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 951

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 951
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arrant shall be considered “Subscribed Shares” hereunder and the Subscribed Shares and the Pre-Funded Warrant are collectively referred to herein as the “ Subscribed Securities ”. Section 2. Payment of the Purchase Price; Custodial Account; Closing. (a) The consummation of the Subscription contemplated hereby (the “ Closing ”) shall occur immediately prior to the consummation of the Company Merger, which will take place on the same date as the closing of the Transactions, in each case, pursuant to, and subject to the terms and conditions of, the BCA (such date, the “ Closing Date ”). (b) The Purchase Price shall be paid in accordance with this Section 2(b) , in cash, U.S. dollar-denominated stablecoins (“ USDC ” or “ USDT ”), or ENA Tokens (or a combination thereof) as designated on the signature page hereto, in such amounts as indicated on Subscriber’s signature page of this Subscription Agreement. If Subscriber elects to pay the Purchase Price in ENA Tokens, then the number of ENA Tokens to be paid to the Company shall be calculated in accordance with the terms set forth on Schedule A hereto (the “ ENA Token Amount ”). (i) With respect to any portion of the Purchase Price being paid in cash, USDC or USDT (collectively, “ Cash ”), the Subscriber shall deliver, no later than 9:00 a.m. (Eastern time) on or prior to the date hereof, such portion (A) if in cash, via wire transfer of United States dollars in immediately available funds, or (B) if in USDC or USDT, by electronic deposit, in each case, to a custodial account established for the benefit of the Subscribers paying a portion of the Purchase Price hereunder in Cash (the “ Custodial Account ”), with Anchorage Digital Bank N.A. serving as custodian (the “ Custodian ”) (the aggregate Cash proceeds deposited into such account from such Subscribers hereunder, the “ Cash PIPE Proceeds ” and the deposit of the Cash PIPE Proceeds into such account, the “ Cash PIPE Deposit ”). For the avoidance of doubt, the Custodial Account is a separate account from the custodial account into which the Cash PIPE Proceeds (as defined in the Signing Subscription Agreements) and Locked ENA Tokens (as defined in the Signing Subscription Agreements) were deposited in accordance with the terms of the Signing Subscription Agreements.