Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 442

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 442
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 borrow up to an aggregate principal amount of $545,000 and $455,000, respectively (the “ 2024 July Working Capital Promissory Notes,” and each a “ 2024 July Working Capital Promissory Note”). Both 2024 July Working Capital Promissory Notes are non -interestbearing and payable on the earlier of (i) fifteen (15) months from the closing of TLGY’s IPO (or such later date as may be extended in accordance with the terms of The TLGY Organizational Documents), or (ii) the date on which TLGY consummates an initial Business Combination. The principal balance of the 2024 July Working Capital Promissory Notes may be prepaid at any time by TLGY at its election and without penalty. On July 1, 2025, TLGY issued unsecured working capital promissory notes to each of the Current Sponsors, pursuant to which TLGY may borrow up to an aggregate principal amount of $545,000 and $455,000, respectively (the “ 2025 July Working Capital Promissory Notes,” and each a “ 2025 July Working Capital Promissory Note” and, collectively with the 2023 April Promissory Note, the 2023 August Promissory Note, the 2024 May Working Capital Promissory Note and the 2024 July Working Capital Promissory Notes, the “ Working Capital Loans”). Both 2025 July Working Capital Promissory Notes are non -interestbearing and payable on the earlier of (i) fifteen (15) months from the closing of TLGY’s IPO (or such later date as may be extended in accordance with the terms of The TLGY Organizational Documents), or (ii) the date on which TLGY consummates an initial Business Combination. The principal balance of the 2025 July Working Capital Promissory Notes may be prepaid at any time by TLGY at its election and without penalty. 217 As of June 30, 2025 and December 31, 2024, there was $2,405,842 and $2,255,325 respectively, outstanding under the Working Capital Loans. As of June 30, 2025, the Current Sponsors had provided TLGY an aggregate of $1,188,842 of funding under the Working Capital Loans. ii)Time Extension Funding Loans In order to extend TLGY’s time period for consummating a Business Combination, the Sponsors or an affiliate of the Sponsors