Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 380

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 380
---
 promissory notes will be settled in cash, rather than converted to StablecoinX warrants. (iv)Amount represents the fiat currency proceeds retained for transaction expenses from shares sold to the Initial PIPE investors in the amount of $2.5 million. Stablecoins received from the Initial Cash PIPE Investors were used to purchase ENA Tokens under the Initial Token Purchase Agreement. No stablecoins are currently held or expected to be held at the Closing. (v)Amount represents the fiat currency proceeds retained for transaction expenses from shares sold to the Additional PIPE investors in the amount of $16.0 million. Stablecoins received from the Initial Cash PIPE Investors were used to purchase ENA Tokens under the Initial Token Purchase Agreement. No stablecoins are currently held or expected to be held at the Closing. (B) Cash and Investments held in Trust Account —Represents the reclassification of the funds associated with the Investments held in the Trust Account that become available at the closing of the Business Combination (after giving effect to the assumed no redemptions scenario, the assumed 50% redemptions scenario, and the assumed maximum redemptions scenario) and the impact of the redemption of TLGY’s Class A Redeemable Common Stock under the assumed no redemptions scenario, the assumed 50% redemptions scenario, and the assumed maximum redemptions scenario.

| Description                                                     |     | Note     |     | Assuming No 
 Redemptions |            |   |     | Assuming 50% 
 Redemptions  |            |   |     | Assuming Maximum 
 Redemptions      |            |   |
|:----------------------------------------------------------------|:----|:---------|:----|:------------|:-----------|:--|:----|:-------------|:-----------|:--|:----|:-----------------|:-----------|:--|
| Redemption of TLGY Class A Ordinary Shares                      |     | 4(B)(i)  |     | $           | —          |   |     | $            | (3,105,188 | ) |     | $                | (3,105,188 | ) |
| Reclassification of funds held in the Trust Account             |     | 4(B)(ii) |     |             | (6,210,376 | ) |     |              | (3,105,188 | ) |     |                  | —          |   |
| Pro Forma Adjustment-Cash and Investments held in trust account |     |          |     | $           | (6