Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 509

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 509
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 that the Company only has one operating segment.

F-28

TLGY ACQUISITION CORPORATION
NOTES TO THE CONDENSED FINANCIAL STATEMENT S
JUNE 30, 2025 (UNAUDITED) NOTE 10 — SEGMENT INFORMATION (cont.) When evaluating the Company’s performance and making key decision regarding resource allocation, the CODM assesses performance for the single segment and decides how to allocate resources based on net income or loss that also is reported on the statements of operations as net income or loss. The measure of segment assets is reported on the balance sheets as total assets:

|              |     |   |  June 30, 
      2025 |     |   | December 31, 
         2024 |
|:-------------|:----|:--|----------:|:----|:--|-------------:|
| Total Assets |     | $ | 6,308,726 |     | $ |   44,359,714 |

| EXPENSES                                                    |     | For the          
 Six Months Ended 
 June 30,         
 2025             |            |   |     | 2024 |            |   |
|:------------------------------------------------------------|:----|:-----------------|-----------:|:--|:----|:-----|-----------:|:--|
| General and administrative                                  |     | $                |    478,193 |   |     | $    |    651,628 |   |
| Administrative fee – related party                          |     |                  |          — |   |     |      |     60,000 |   |
| TOTAL EXPENSES                                              |     | $                |    478,193 |   |     | $    |    711,628 |   |
| OTHER INCOME                                                |     |                  |            |   |     |      |            |   |
| Income earned on Cash and Investments held in Trust Account |     | $                |    599,907 |   |     | $    |  1,527,236 |   |
| Forgiveness of debt                                         |     |                  |     84,834 |   |     |      |    608,776 |   |
| Change in fair value of derivative liabilities              |     |                  | (5,232,409 | ) |     |      | (1,122,044 | ) |
| TOTAL OTHER INCOME (LOSS)                                   |     | $