Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 469

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 469
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 shares of StablecoinX Class A Common Stock. A rights offering made to all or substantially all holders of StablecoinX Class A Common Stock entitling holders to purchase shares of StablecoinX Class A Common Stock at a price less than the fair market value will be deemed a stock dividend of a number of shares of StablecoinX Class A Common Stock equal to the product of (i) the number of shares of StablecoinX Class A Common Stock actually sold in such rights offering (or issuable under any other equity securities sold in such rights offering that are convertible into or exercisable for shares of StablecoinX Class A Common Stock) and (ii) the quotient of (x) the price per share of StablecoinX Class A Common Stock paid in such rights offering and (y) the fair market value. For these purposes (i) if the rights offering is for securities convertible into or exercisable for shares of StablecoinX Class A Common Stock, in determining the price payable for shares of StablecoinX Class A Common Stock, there will be taken into account any consideration received for such rights, as well as any additional amount payable upon exercise or conversion and (ii) fair market value means the volume weighted average price of shares of 226 StablecoinX Class A Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the first date on which the shares of StablecoinX Class A Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive such rights. In addition, if StablecoinX, at any time while the StablecoinX Warrants are outstanding and unexpired, pays a dividend or makes a distribution in cash, securities or other assets to all or substantially all the holders of shares of StablecoinX Class A Common Stock on account of such shares of StablecoinX Class A Common Stock (or other securities into which the StablecoinX Warrants are convertible), other than (a) as described above or (b) certain ordinary cash dividends, then the StablecoinX Warrant exercise price will be decreased, effective immediately after the effective date of such event, by the amount of cash and/or the fair market value of any securities or other assets paid on each share of StablecoinX Class A Common Stock in respect of such event. If the number of outstanding shares of StablecoinX Class A Common Stock is decreased by a consolidation, combination, reverse stock split or reclassification of StablecoinX Class A Common Stock or other similar event