Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 13

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 13
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 Business Combination Proposal — Interests of Certain TLGY Persons in the Business Combination”and “Information About TLGY — Executive and Director Compensation” and the risk factors entitled “ Risks Relating to the Business Combination and TLGY — StablecoinX may issue additional shares of StablecoinX Class A Common Stock or other equity securities without your approval, which would dilute your ownership interests and may depress the market price of your shares” and “ Risks Relating to the Business Combination and TLGY — TLGY’s shareholders who do not redeem their Public Shares will have a reduced economic ownership and no voting interest after the Business Combination and will exercise less influence over management” for additional information. No compensation of any kind, including finder’s and consulting fees, have been paid or will be paid to the Sponsors, or any of their respective affiliates, for services rendered in connection with the completion of the Business Combination. However, these individuals will be reimbursed for any out -of -pocketexpenses incurred in connection with activities on our behalf such as identifying potential target businesses and performing due diligence on suitable business combinations. The reimbursement of expenses and advances and the securities issued to the Sponsors may result in a material dilution of the equity interests of non -redeemingPublic Shareholders. See “ Dilution”, “The Business Combination Proposal — Interests of Certain TLGY Persons in the Business Combination”and “Information About TLGY — Executive and Director Compensation”. This proxy statement/prospectus covers (1) up to 192,996,666shares of StablecoinX Class A Common Stock shares that are to be issued or may be issuable (including (a) up to 5,934,787 shares of StablecoinX Class A Common Stock in exchange of the TLGY Class A Ordinary Shares in the SPAC Merger and Sponsor Securities Exchange, (b) up to 175,561,879 shares of StablecoinX Class A Common Stock in exchange of the shares of SC Assets Common Stock in the Company Merger (including up to 160,825,840 shares of StablecoinX Class A Common Stock to be issued to the PIPE Investors and 14,036,039shares of StablecoinX Class A Common Stock to be issued to Ethena), and (c) up to 11,500,000 shares of StablecoinX Class A Common Stock issuable upon the exercise of the Public Warrants), and (2) up to 11,500,000 Public Warrants. TLGY will hold an extraordinary general