Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 1003

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 1003
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 Purchase Agreement ”), pursuant to which Ethena OpCo agreed to sell to the Company (solely in its capacity as administrative agent effectuating the purchase solely for the benefit of the Signing Subscribers making the Cash PIPE Deposit (as defined in the Signing Subscription Agreements) until the Closing, such capacity, the “ Administrative Agent ”), a number of discounted locked ENA tokens (the “ Locked ENA Tokens ”) equal to the (i) Locked ENA Purchase Amount (as defined in the Signing Subscription Agreements), divided by (ii) (x) the ENA Fair Market Value at Signing (as defined in Schedule A to the Signing Subscription Agreements) multiplied by (y) 1 minus thirty percent (30%), and deposit such Locked ENA Tokens in the Custodial Account; WHEREAS, in connection with the Transactions, Subscriber desires to subscribe for and purchase from the Company, on the Closing Date (as defined below) and immediately prior to the Company Merger, a number of shares of Company Class A Common Stock (the “ Subscribed Shares ”) at a purchase price of $10.00 per share (the “ Per Share Price ”) for the aggregate purchase price set forth on the signature page hereto (the “ Purchase Price ”), and the Company desires to issue to Subscriber the Subscribed Shares, immediately prior to the consummation of the Company Merger, in consideration of the payment of the Purchase Price by or on behalf of Subscriber to the Company; WHEREAS, on or about the date of this Subscription Agreement, SPAC, the Company and Pubco are entering into subscription agreements (the “ Other Subscription Agreements ” and, together with this Subscription Agreement, the “ Subscription Agreements ”) with certain other investors (the “ Other Subscribers ” and, together with Subscriber and the Signing Subscribers, the “ Subscribers ”), pursuant to which the Other Subscribers have agreed to purchase shares of Company Class A Common Stock (the “ Shares ”) at the Per Share Price and on the same terms as are available to the Subscriber hereunder (the Shares of the Other Subscribers, the “ Other Subscribed Shares ”, and such other subscriptions and issuances thereunder, the “ Other Subscriptions ”); WHEREAS, in connection with the Transactions and to facilitate the transactions contemplated by the Subscription Agreements, Ethena OpCo and the Company have entered into a token purchase agreement, dated as of the date hereof (the “ Token Purchase Agreement ”), pursuant to which Ethena Op