Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 352

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 352
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 |     |                |   |     |      |     |                     |   |     |      |     | $            |       (0.03 | ) |     | $             |       (0.03 | ) |     | $            |       (0.03 | ) |
| Weighted average Class B ordinary shares outstanding – basic and diluted(a) |     |              | 700,000 |   |     |              |  3,594,403 |   |     |                |   |     |      |     |                     |   |     |      |     |              |           — |   |     |               |           — |   |     |              |           — |   |
| Basic and diluted net loss per Class B ordinary share                       |     | $            |   (0.04 | ) |     | $            |      (0.60 | ) |     |                |   |     |      |     |                     |   |     |      |     | $            |           — |   |     | $             |           — |   |     | $            |           — |   |

____________ (a)Shares of StablecoinX Class B Common Stock do not participate in earnings

159 NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION Note 1 — Basis of Presentation The merger between SC Assets and TLGY will be accounted for as a reverse recapitalization, with TLGY being treated as the “acquired” company for financial reporting purposes. For accounting purposes, the reverse recapitalization will be the equivalent of SC Assets issuing stock for the net assets of TLGY, accompanied by a recapitalization. The net assets of TLGY will be stated at historical cost, with no goodwill or other intangible assets recorded. Operations prior to the reverse recapitalization will be those of SC Assets. Upon the consummation of the Merger, StablecoinX will become the parent company of SC Assets as well as the reporting entity. The unaudited pro forma combined balance sheet of StablecoinX as of June 30, 2025 assumes that the transactions occurred on June 30, 2025. The unaudited pro forma combined statement of operations of StablecoinX for the six months ended June 30, 2025 presents pro forma effect to the transactions as if it had been completed on January 1, 2025. The unaudited pro forma combined balance sheet as