Company: TLGYF
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001104659-25-032443
Chunk: 13

Company: TLGY ACQUISITION CORP
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 13
---
ponsors beneficially own an aggregate of 4,126,215 Founder Shares and Jin-Goon Kim, the Chairman of our Board of Directors and the manager of the manager of our former sponsor, TLGY Sponsors LLC, beneficially owns 981,552 Founder Shares. Our Sponsors, the former sponsor, and all of our directors and officers are expected to vote any ordinary shares owned by them in favor of each of the proposals presented at the Extraordinary General Meeting. On the record date, our Sponsors, former sponsor and our directors and officers beneficially owned and were entitled to vote an aggregate of 5,107,767 Founder Shares, representing approximately 54% of the Company’s issued and outstanding ordinary shares. In addition, our current Sponsors own an aggregate of 3,940,825 private placement warrants, which we refer to as the “Private Placement Warrants,” that were purchased from the former sponsor, and the former sponsor owns 7,318,675 Private Placement Warrants. In the event of a liquidation, our Sponsors, former sponsor, officers and directors, and anchor investors will not receive any monies held in the Trust Account as a result of their ownership of the Founder Shares or the Private Placement Warrants.

To exercise your redemption rights, you must demand that the Company redeem your public shares for a pro rata portion of the funds held in the Trust Account, and tender your shares to the Company’s transfer agent prior to 5:00 p.m. Eastern time on April 11, 2025 . You may tender your shares by either delivering your share certificate to the transfer agent or by delivering your shares electronically using the Depository Trust Company’s DWAC (Deposit/Withdrawal At Custodian) system. If you hold your shares in street name, you will need to instruct your bank, broker or other nominee to withdraw the shares from your account in order to exercise your redemption rights. The redemption rights include the requirement that a shareholder must identify itself in writing as a beneficial holder and provide its legal name, phone number, and address in order to validly redeem its public shares.

Based on the amount of funds held in the Trust Account as of the record date, the Company anticipates that the per-share price at which public shares will be redeemed from cash held in the Trust Account will be approximately $12.06 at the time of the Extraordinary General Meeting. The Company’s units, public shares and warrants included as part of the units (the “public warrants”) were delisted from