Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 16

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 16
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 SPAC Merger Sub LLC, a Delaware limited liability company and a wholly -ownedsubsidiary of StablecoinX (“ SPAC Merger Sub”), and StablecoinX Company Merger Sub, Inc., a Delaware corporation and a wholly -ownedsubsidiary of StablecoinX (“ Company Merger Sub”), pursuant to which, among other things, (1) SPAC Merger Sub will merge with and into TLGY, with TLGY continuing as the surviving company (the “ SPAC Merger”), and (2) immediately following the SPAC Merger, Company Merger Sub will merge with and into SC Assets, with SC Assets continuing as the surviving company (the “ Company Merger”, and together with the SPAC Merger, the “ Mergers”), as a result of which, TLGY and SC Assets will become wholly - ownedsubsidiaries of StablecoinX and StablecoinX will become a publicly traded company, and the transactions contemplated thereby, as more fully described in the accompanying proxy statement/prospectus. At the Closing, StablecoinX will have two classes of shares outstanding (1) StablecoinX Class A Common Stock (as defined herein), which will have no voting rights other than applicable law and which will be listed for trading and will be freely transferable, subject to certain restrictions, and (2) StablecoinX Class B Common Stock (as defined herein), which will have one vote per share and no economic rights. We refer to this proposal as the “ Business Combination Proposal”. A copy of the Business Combination Agreement is attached to the accompanying proxy statement/prospectus as Annex A. Proposal No. 2 — The SPAC Merger Proposal —To consider and vote upon a proposal to approve, by special resolution, assuming the Business Combination Proposal is approved and adopted, the SPAC Merger and the Plan of Merger, as contemplated by the Business Combination Agreement, pursuant to which, SPAC Merger Sub will merge with and into TLGY, with TLGY continuing as the surviving company and each issued and outstanding Class A ordinary share of TLGY, par value $0.0001 per share (“ TLGY Class A Ordinary Shares”), will be exchanged for one share of Class A Common Stock, par value $0.0001 per share, of StablecoinX (“ StablecoinX Class A Common Stock”). We refer to this proposal as the “ SPAC Merger Proposal” and, together with the Business Combination Proposal, the “ Condition Precedent Proposals”. A copy of the