Company: TLGYF
Filing Date: 2025-09-10
Form Type: 425
Source: 0001213900-25-086376
Chunk: 13

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-10
Form: 425
Chunk 13
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respective expectations. The inclusion of any statement in this communication does not constitute an admission by TLGY, SC Assets or Pubco
or any other person that the events or circumstances described in such statement are material.

The terms of the proposed Business Combination
described in this communication, including any dollar-denominated figures or implied valuations, are based on information as of the date
of the signing of the definitive Business Combination Agreement and assume no redemptions from the TLGY trust account. These terms are
subject to change, including as a result of fluctuations in the price of ENA Token prior to closing of the proposed Business Combination.
There can be no assurance that the final terms at the closing of the Business Combination will reflect the figures referenced herein.

No Offer or Solicitation

This communication does not constitute (i) a solicitation
of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination or (ii) an offer to sell,
a solicitation of an offer to buy, or a recommendation to purchase, any securities of TLGY, SC Assets, the combined company or any of
their respective affiliates. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section
10 of the Securities Act, or an exemption therefrom, nor shall any sale of securities in any states or jurisdictions in which such offer,
solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction be affected.
No securities commission or securities regulatory authority in the United States or any other jurisdiction has in any way passed upon
the merits of the Business Combination or the accuracy or adequacy of this communication.

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