Company: TLGYF
Filing Date: 2025-10-02
Form Type: 425
Source: 0001213900-25-095334
Chunk: 14

Company: TLGY ACQUISITION CORP
Filing Date: 2025-10-02
Form: 425
Chunk 14
---
 size and growth opportunities, regulatory conditions, technological and market trends, future financial condition and performance
and expected financial impacts of the proposed Transaction, the satisfaction of closing conditions to the proposed Transaction and the
level of redemptions of TLGY’s public shareholders, and StablecoinX’s expectations, intentions, strategies, assumptions or
beliefs about future events, results of operations or performance or that do not solely relate to historical or current facts. Forward-looking
statements are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the forward-looking statements in this communication, including, but not limited
to: the risk that the proposed Transaction may not be completed in a timely manner or at all, which may adversely affect the price of
TLGY’s securities; the risk that the proposed Transaction may not be completed by TLGY’s business combination deadline; the
failure by the parties to satisfy the conditions to the consummation of the proposed Transaction, including the approval of TLGY’s
shareholders and the listing of StablecoinX’s securities on a national securities exchange at closing; failure to realize the anticipated
benefits of the proposed Transaction; the level of redemptions by TLGY’s public shareholders, which may reduce the public float
of, reduce the liquidity of the trading market of, and/or impact the ability of, the shares of Class A common stock of StablecoinX to
be listed in connection with the proposed Transaction; the insufficiency of the third-party fairness opinion for the board of directors
of TLGY in determining whether or not to pursue the proposed Transaction; the failure of StablecoinX to obtain or maintain the listing
of its securities on any securities exchange after closing of the proposed Transaction; risks associated with TLGY, SC Assets and StablecoinX’s
ability to consummate the proposed Transaction timely or at all, including in connection with potential regulatory delays or impediments,
changes to the Converge network or changes in ENA Token prices or for other reasons; costs related to the proposed Transaction and as
a result of becoming a public company; changes in business, market, financial, political and regulatory conditions; risks relating to
StablecoinX’s anticipated operations and business, including the volatile nature of the price of ENA Token and its ability to operate
its business on the Converge network; the risk that StablecoinX’s stock price will be highly correlated to the price of ENA