Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 302

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 302
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 the consummation of the Business Combination or how any such shares may trade at any time. The Fairness Opinion should not be construed as a valuation opinion, credit rating, solvency opinion, analysis of SC Assets, TLGY or StablecoinX or their respective subsidiaries’ credit worthiness, tax advice, or accounting advice. Scalar has not made, and assumes no responsibility to make, any representation, or render any opinion, as to any legal, regulatory, accounting, insurance or tax matter. In rendering the Fairness Opinion, Scalar did not express any opinion with respect to the amount or nature of any compensation to any of TLGY’s or SC Assets’ officers, directors, or employees, or any class of such persons, relative to the consideration to be paid to TLGY shareholders (other than the Excluded Shareholders), in their capacities as such, in connection with the Business Combination, or with respect to the fairness of any such compensation. The Fairness Opinion was furnished for the use and benefit of the TLGY Board and is not intended to be used, and may not be used, by any other person or for any other purpose, without Scalar’ express consent. Scalar has consented to the inclusion of the Fairness Opinion in its entirety and the description thereof in this proxy statement/prospectus and any other filing TLGY and its affiliates is required to make with the SEC in connection with the Business Combination if such inclusion is required by applicable law. Scalar’s Opinion did not address TLGY’s underlying business decision to engage in the Transactions, the relative merits of the Transactions as compared to other business or investment strategies or transactions that might be available to TLGY or whether the Consideration to be issued in the Transactions pursuant to the Business Combination Agreement represents the best price obtainable. In connection with Scalar’s engagement, Scalar was not requested to, and did not, solicit interest from other parties with respect to an acquisition of, or other business combination with, TLGY or any other alternative transaction. Scalar’s Opinion addresses only the fairness from a financial point of view, as of the date hereof, to the Public Shareholders (other than the Excluded Parties) of the Consideration to be issued in the Transactions pursuant to the Agreement. Scalar was not asked to, nor did it, offer any opinion as to the terms, other than the Consideration to the extent expressly specified herein, of the Agreement or any related documents or the form of the Transactions or any related transaction (including any agreement or transaction between any Excluded Party and SC