Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 373

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 373
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 Documents (A) to modify the substance or timing of TLGY’s obligation to allow redemption in connection with its initial business combination or to redeem 100% of its Public Shares if TLGY does not complete its initial business combination within the completion window or (B) with respect to any other material provisions relating to shareholders’ rights or pre -initialbusiness combination activity, unless 172 TLGY provides its Public Shareholders with the opportunity to redeem their Public Shares upon approval of any such amendment at a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and less taxes payable, divided by the number of then outstanding Public Shares. TLGY expects that all costs and expenses associated with implementing its plan of dissolution, as well as payments to any creditors, will be funded from proceeds held outside the Trust Account, although TLGY cannot assure you that there will be sufficient funds for such purpose. Without taking into account interest, if any, earned on the Trust Account, the per -shareredemption amount received by Public Shareholders upon TLGY’s dissolution would be approximately $[•] as of the Record Date. The proceeds deposited in the Trust Account could, however, become subject to the claims of TLGY’s creditors who would have higher priority than the claims of Public Shareholders. TLGY cannot assure you that the actual per -shareredemption amount received by Public Shareholders will not be substantially less than $[•]. While TLGY intends to pay such amounts, if any, TLGY cannot assure you that TLGY will have funds sufficient to pay or provide for all creditors’ claims. Although TLGY seeks, and will continue to seek, to have all vendors, service providers, prospective target businesses and other entities with which it does business execute agreements with TLGY waiving any right, title, interest or claim of any kind in or to any monies held in the Trust Account for the benefit of its Public Shareholders, there is no guarantee that they will execute such agreements or even if they execute such agreements that they would be prevented from bringing claims against the Trust Account including but not limited to fraudulent inducement, breach of fiduciary responsibility or other similar claims, as well as claims challenging the enforceability of the waiver, in each case in order to gain an advantage with respect to a claim against TLGY’s assets, including the funds held in the Trust Account. If any third party refuses to execute an agreement waiving