Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 1246

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 1246
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 the management of the Company and the SPAC as to the expected future results of operations and financial condition of the Company. We assume no responsibility for and express no opinion as to any such estimates, pro forma effects, or forward -lookinginformation reviewed by us or, in each case, the assumptions on which they were based. We have relied upon, with your consent, (a) the assumptions of the management of the Company and the SPAC and third -partydata sources, as to all accounting, legal, tax and financial reporting matters with respect to the Company and (b) that the SPAC has been advised by counsel as to all legal matters with respect to the Transactions, including whether all procedures required by law in connection with the Transactions have been duly, validly and timely taken. We have also assumed that the Transactions will have the tax consequences described in discussions with, and materials furnished to us by, representatives of the Company or the SPAC and that (i) the Mergers, the PIPE Financing, and the Bridge Annex M-3 Note Exchange will collectively be treated as an integrated transaction qualifying under Section 351(a) of the Code, (ii) the Company Merger qualifies as a “reorganization” within the meaning of Section 368(a) of the Code, and (iii) the Agreement constitutes a “plan of reorganization” within the meaning of Section 368 of the Code and Treasury Regulations promulgated thereunder. We are not legal, accounting, regulatory or tax experts and this Opinion does not address any legal, regulatory, taxation or accounting matters as to which we understand that you have obtained such advice as you deemed necessary from qualified professionals, and we have assumed the accuracy and veracity of all assessments made by such advisors to the Company or the SPAC with respect to such matters. In arriving at our Opinion, with your consent and without independent verification, we have relied upon the assumption that, except as would not be in any way meaningful to our analysis: (a) the final form of each of the Transaction Documents, as executed by the parties thereto, will not differ from the draft that we have reviewed, (b) the representations and warranties of all parties to the Transaction Documents are correct and that such parties will comply with and perform all covenants and agreements required to be complied with or performed by such parties under the Transaction Documents, (c) the Transactions will be consummated in accordance with the terms of the Transaction Documents without any waiver or amendment of any term or condition thereof, (