Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 373

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 373
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 denominator of which is (2) the 30 -DayVWAP of ENA Token ending two (2) days prior to Closing Date. Since the 30 -DayVWAP of ENA Tokens on the Closing Date which is needed to determine the number of shares to be issued is not known until Closing, the Company has estimated the number of shares to be issued using the 30 -dayVWAP of ENA Tokens ending December 22, 2025 for purposes of these pro forma financial statements (or $0.2547).

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(5)The number of shares of StablecoinX Class A Common Stock to be held by the Additional PIPE Investors is comprised of 34,260,488 shares of StablecoinX Class A Common Stock to be issued upon exchange of an equal number of SC Assets Class A Common Stock held by such investors prior to the Company Merger. The aggregate number of shares of SC Assets Class A Common Stock issued to PIPE investors will be calculated at closing as (A) the Additional PIPE Gross Proceeds divided by (B) (x) $10.00, multiplied by (y) a fraction, the numerator of which is (1) $0.414286, and the denominator of which is (2) the 30 -DayVWAP of ENA Token ending two (2) days prior to the Closing Date. Since the 30 -DayVWAP of ENA Tokens on the Closing Date which is needed to determine the number of shares to be issued is not known until Closing, the Company has estimated the number of shares to be issued using the 30 -dayVWAP of ENA Tokens ending December 22, 2025 for purposes of these pro forma financial statements (or $0.2547). (6)The number of shares of StablecoinX Class A Common Stock to be held by Ethena is comprised of (i) 5,080,329 shares of StablecoinX Class A Common Stock and (ii) 5,080,329 shares of StablecoinX Class B Common Stock to be issued upon exchange of an equal number of SC Assets Class B Common Stock held by Ethena prior to the Company Merger. The number of shares of SC Assets Class A Common Stock issued to Ethena will be calculated at closing as (A) the ENA Contribution Amount divided by (B) (x) $10.00, multiplied by (y) a fraction, the numerator of which is (