Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 61

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 61
---
 Trust Proceeds Per Public Share                                       |     | $              |        12.40 |     | $              |        12.40 |     | $              |         0.00 |

____________ (1)This scenario assumes that no Public Shares are redeemed, which is a redemptions scenario that could occur. (2)This scenario assumes that 244,943 Public Shares, or 50% of the Public Shares, are redeemed for an aggregate payment of approximately $3.0 million (based on the estimated per -shareredemption price of approximately $12.40 per share) from the Trust Account based on funds in the Trust Account as of June 30, 2025, which is a redemptions scenario that could occur. (3)This scenario assumes that 489,887 Public Shares, or all of the Public Shares, are redeemed for an aggregate payment of approximately $6.1 million (based on the estimated per -shareredemption price of approximately $12.40 per share) from the Trust Account based on funds in the Trust Account as of June 30, 2025, which is a redemptions scenario that could occur. (4)See the section entitled “ Information about TLGY — IPO Underwriters’ Deferred Underwriting Fee Waiver” for additional information. (5)The underwriters in our IPO, of which Mizuho served as the representative, agreed to defer $8,650,000 in underwriting fees payable, which fees are payable upon the completion of our initial business combination. In May 2024, we entered into a waiver with Mizuho, pursuant to which Mizuho agreed to waive the Deferred Underwriting Fees and agreed to forfeit all of the 300,300 Founder Shares it received as compensation in connection with the IPO. We believe that Mizuho was acting as the representative of all of the underwriters on the IPO when it waived the Deferred Underwriting Fees. Furthermore, to the extent that Public Shareholders redeem their Public Shares in connection with the Business Combination, their Public Warrants will remain issued and outstanding notwithstanding the redemption of their Public Shares. Following the SPAC Merger, all of the TLGY Warrants will become StablecoinX Warrants, and following the Sponsors Securities Exchange, the only StablecoinX Warrants outstanding will be Public Warrants. For information on the relative economic ownership levels of holders of StablecoinX equity securities following the Business Combination under varying redemption scenarios and the fully diluted relative ownership