Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 333

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 333
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 U.S. Holder’s holding period for such shares of StablecoinX Common Stock is more than one year at the time of sale or other disposition. Long -termcapital gains recognized by non -corporateU.S. Holders generally are subject to U.S. federal income tax at a reduced rate of tax (compared to ordinary income). The deductibility of capital losses is subject to limitations. Tax Consequences to Non-U .S. Holders Distributions on Shares of StablecoinX Common Stock In general, distributions of cash or other property to Non -U.S. Holders made with respect to their shares of StablecoinX Common Stock (other than certain distributions of shares of StablecoinX Common Stock or rights to acquire shares of StablecoinX Common Stock) out of StablecoinX’s current or accumulated earnings and profits (as determined for U.S. federal income tax purposes) generally will be treated as dividend income. Distributions in excess of StablecoinX’s current and accumulated earnings and profits generally will constitute a return of capital that will be applied against and reduce a Non -U.S. Holder’s tax basis in such Non -U.S. Holder’s shares of StablecoinX Common Stock (but not below zero) and, to the extent in excess of such tax basis, will be treated as gain from the sale or exchange of shares of StablecoinX Common Stock (see “ — Sales or Other Taxable Exchanges or Dispositions of Shares of StablecoinX Common Stock” below). Except as described below, dividends paid to a Non -U.S. Holder with respect to shares of StablecoinX Common Stock are subject to U.S. federal income tax withholding at a 30% rate or at a lower rate if the Non -U.S. Holder is eligible for the benefits of an income tax treaty that provides for a lower rate. Even if the Non -U.S. Holder is eligible for a lower treaty rate, StablecoinX and other payors generally will be required to withhold at a 30% rate (rather than the lower treaty rate) on dividend payments to the Non -U.S. Holder, unless such Non -U.S. Holder has furnished to StablecoinX or another payor: i.a valid IRS Form W -8or an acceptable substitute form upon which such Non -U.S. Holder certifies, under penalties of perjury, such Non -U.S. Holder’s status as a non -UnitedStates person and such Non -U.S. Holder’s entitlement to the lower treaty rate with