Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 492

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 492
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. Mr.Chen has an MBA from MIT Sloan School of Management and a BSE from the University of Pennsylvania. Corporate Governance Composition of the StablecoinX Board Our business and affairs will be managed under the direction of the StablecoinX Board. Subject to the terms of the Business Combination Agreement and the StablecoinX Organizational Documents, the number of directors will be fixed by the StablecoinX Board, and is expected to initially be fixed at five (5) directors. The StablecoinX Board is expected to be chaired by [•] and include as members the individuals named above as director nominees. Each of our current directors will continue to serve as a director until the election and qualification of his or her successor or until his or her earlier death, resignation or removal. The authorized number of directors may be changed by resolution of our board of directors. Vacancies on the StablecoinX Board may be filled by resolution of our board of directors. When considering whether directors and director nominees have the experience, qualifications, attributes and skills, taken as a whole, to enable the StablecoinX Board to satisfy its oversight responsibilities effectively in light of its business and structure, the StablecoinX Board expects to focus primarily on each person’s background and experience as reflected in the information discussed in each of the directors’ individual biographies set forth above in order to provide an appropriate mix of experience and skills relevant to the size and nature of its business. Pursuant to the Business Combination Agreement and as set forth above, each of Ethena and the Sellers were granted the right to designate one director for election to the StablecoinX Board. [•] was designated by Ethena and Edward Chen was designated by the Sellers. Upon the Closing of the Business Combination, the StablecoinX Board will be divided into three classes with only one class of directors being elected in each year, and with each class (except for those directors appointed prior to our first annual meeting of stockholders) serving a three -yearterm: •the Class I directors will be [•] and [•], and their terms will expire at the first annual meeting of stockholders following the date of this proxy statement/prospectus; •the Class II directors will be [•] and [his/her] term will expire at the second annual meeting of stockholders following the date of this proxy statement/prospectus; and •the Class III directors will be [•] and [•] and their terms will expire at the third annual meeting of stockholders following the date of this proxy statement