Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 357

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 357
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 Stock (see “— Sales or Other Taxable Exchanges or 156 Dispositions of Shares of StablecoinX Common Stock” below). If you are an individual U.S. holder, dividends paid with respect to StablecoinX Common Stock generally should constitute “qualified dividend income” eligible for being taxed at the lower rate applicable to long -termcapital gains, provided that certain holding period requirements are met. U.S. Holders should consult their own tax advisors regarding the availability of the lower rate for any dividends deemed paid with respect to StablecoinX Common Stock. Sales or Other Taxable Exchanges or Dispositions of Shares of StablecoinX Common Stock Upon a sale or other taxable disposition of shares of StablecoinX Common Stock, a U.S. Holder generally will recognize gain or loss equal to the difference between (1) the amount realized and (2) such U.S. Holder’s adjusted tax basis in the shares of StablecoinX Common Stock sold or disposed of. Such gain or loss generally will be capital gain or loss and will be long -termcapital gain or loss if such U.S. Holder’s holding period for such shares of StablecoinX Common Stock is more than one year at the time of sale or other disposition. Long -termcapital gains recognized by non -corporateU.S. Holders generally are subject to U.S. federal income tax at a reduced rate of tax (compared to ordinary income). The deductibility of capital losses is subject to limitations. Tax Consequences to Non-U .S. Holders Distributions on Shares of StablecoinX Common Stock In general, distributions of cash or other property to Non -U.S. Holders made with respect to their shares of StablecoinX Common Stock (other than certain distributions of shares of StablecoinX Common Stock or rights to acquire shares of StablecoinX Common Stock) out of StablecoinX’s current or accumulated earnings and profits (as determined for U.S. federal income tax purposes) generally will be treated as dividend income. Distributions in excess of StablecoinX’s current and accumulated earnings and profits generally will constitute a return of capital that will be applied against and reduce a Non -U.S. Holder’s tax basis in such Non -U.S. Holder’s shares of StablecoinX Common Stock (but not below zero) and, to the extent in excess of such tax basis, will be treated as gain from the sale or exchange of shares of StablecoinX Common Stock (see “ — Sales or Other Taxable Exchanges or Dispositions of