Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 481

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 481
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 requirements of FASB ASC Topic 260, “ Earnings Per Share.” Net income per ordinary share is computed by dividing net income by the weighted average number of ordinary shares outstanding for the period. The Company applies the two -classmethod in calculating earnings per share. The remeasurement adjustment associated with the redeemable Class A Ordinary Shares is excluded from earnings per share as the redemption value approximates fair value. The calculation of diluted income per ordinary share does not consider the effect of the warrants issued in connection with the (i) Initial Public Offering and (ii) the Private Placement. As of June 30, 2025, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into ordinary shares and subsequently share in the earnings of the Company. The following table reflects the calculation of basic and diluted net income per ordinary share.

|                                                                    |     |   |      For the 
 Three Months 
        Ended 
     June 30, 
         2025 |   |     |   |      For the 
 Three Months 
        Ended 
     June 30, 
         2024 
   (Restated) |
|:-------------------------------------------------------------------|:----|:--|-------------:|:--|:----|:--|-------------:|
| Class A Redeemable ordinary shares                                 |     |   |              |   |     |   |              |
| Numerator: Allocation of net income (loss)                         |     | $ |   (3,969,506 | ) |     | $ |        4,710 |
| Denominator: Basic and diluted weighted average shares outstanding |     |   |    5,702,356 |   |     |   |    4,105,015 |
| Basic and diluted net income per Class A Ordinary Shares           |     | $ |        (0.70 | ) |     | $ |         0.00 |
| Class B Non-redeemable ordinary shares                             |     |   |              |   |     |   |              |
| Numerator: Allocation of net income (loss)                         |     | $ |   (1,018,066 | ) |     | $ |        6,597 |
| Denominator: Basic and diluted weighted average shares outstanding |     |   |    1,462,493 |   |     |   |    5,750,000 |
| Basic and diluted net income per Class B Ordinary Shares           |