Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 566

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 566
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 Business Combination Agreement also contains obligations of the parties to use their reasonable best efforts to consummate the various transactions contemplated by the Business Combination Agreement and carrying out the private investment in public equity (“PIPE”) funding efforts in connection with the closing and PIPE subscription agreements (“PIPE Subscription Agreements”) (see Note 8). Note 5. Related Party Transactions and Balances The accounts receivable, related party balance of $0.3million outstanding as of June30, 2025 is due from the Company Founders as payment for the shares of Class B common stock receivable upon formation of the Company as well as an additional amount due from an investor who contributed a perpetual software license which represents the definite lived intangible of the Company (see Note 8). The fair value of the perpetual software license is based on the value derived from the arm’s -lengthtransaction between the Company and the contributing investor. Under the terms of the license agreement, the license returns back to the founder if the Transactions are not consummated. F-67

StablecoinX Assets Inc. Notes to Financial Statements June 30, 2025 Note 5. Related Party Transactions and Balances (cont.) As of June 30, 2025, the Company’s Founders paid, on behalf of the Company, its legal retainer fee of $25,000. In August 2025, upon collection of the outstanding receivable from the stockholders, the Company paid the full $25,000 fee and the Founders were reimbursed in full (see Note 8). Note 6. Net Loss Per Share Attributable to Common Stockholders The following table sets forth the computation of basic and dilutive net loss per share attributable to common stockholders for the period from June 30, 2025 (Inception) through June 30, 2025:

| Numerator:                                                                                                                              |     |   |         |   |
|:----------------------------------------------------------------------------------------------------------------------------------------|:----|:--|--------:|:--|
| Net loss                                                                                                                                |     | $ | (26,071 | ) |
| Denominator:                                                                                                                            |     |   |         |   |
| Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic and diluted |     |   | 700,000 |   |
| Net loss per share attributable to common stockholders, basic and diluted                                                               |     | $ |   (0.04 | ) |

During the period from June 30