Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 477

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 477
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 the TLGY Ordinary Shares to date and does not intend to pay cash dividends prior to the completion of an initial business combination. The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition subsequent to completion of an initial business combination. The payment of any cash dividends subsequent to an initial business combination will be within the discretion of our board of directors at such time. If we incur any indebtedness, our ability to declare dividends may be limited by restrictive covenants we may agree to in connection therewith. Market Price of SC Assets Securities Market price information regarding SC Assets is not provided because there is no public market for SC Assets’ securities. See “ Management’s Discussion and Analysis of Financial Condition and Results of Operations of SC Assets — Liquidity and Capital Resources”. Market Price of StablecoinX Securities Market price information regarding SC Assets is not provided because there is no public market for StablecoinX’s securities. Dividend Policy of StablecoinX Following the Business Combination SC Assets does not intend to pay cash dividends after the completion of the Business Combination. The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition subsequent to completion of the Business Combination. The payment of any cash dividends subsequent to the Business Combination will be within the discretion of our board of directors at such time. If we incur any indebtedness, our ability to declare dividends may be limited by restrictive covenants we may agree to in connection therewith. 231 BENEFICIAL OWNERSHIP OF SECURITIES The following table sets forth information known to TLGY regarding (i) the beneficial ownership of TLGY Ordinary Shares as of 5,939,587 (pre -BusinessCombination) and (ii) the expected beneficial ownership following the consummation of the Business Combination (post -BusinessCombination) of StablecoinX Common Stock (in the No Redemption Scenario and the Maximum Redemption Scenario) by: •each of TLGY’s current executive officers and directors, and all executive officers and directors of TLGY as a group, in each case pre -BusinessCombination; •each person who will become a named executive officer or director of StablecoinX, and all executive officers and directors of StablecoinX as a group, in each case post -BusinessCombination; •each person who is known to be the beneficial owner of more than 5% of a class of TLGY Ordinary Shares pre -BusinessCombination; and •each