Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 278

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 278
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 monthly installments thereafter. Sponsor Support Agreement In connection with the Business Combination, TLGY, SC Assets, StablecoinX and the TLGY Insiders entered into an amended and restated sponsor support agreement (as it may be further amended, modified, supplemented or otherwise modified from time to time in accordance with its terms, the “ Sponsor Support Agreement”), pursuant to which, among other things, each of the TLGY Insiders agreed to: (1) vote its TLGY Ordinary Shares in favor of all proposals being presented at the extraordinary general meeting; (2) not transfer any securities of TLGY held by it until the earlier of (a) the Closing and (b) the valid termination of the Sponsor Support Agreement, subject to certain exceptions as provided in the Sponsor Support Agreement or permitted by the Business Combination Agreement or other agreement in connection with the Transactions; (3) not to redeem any TLGY Ordinary Shares held by it in connection with the Business Combination; and (4) immediately following the consummation of the SPAC Merger, exchange the Founder Shares and Private Placement Warrants, in each case, held by it, for (1) 3% of the total issued and outstanding shares of StablecoinX Class A Common Stock following the Company Merger, in the aggregate, and (2) an equal number of shares of StablecoinX Class B Common Stock. In connection with the Sponsors Securities Exchange, 92.6873% of the total Retained Shares will be issued in respect of the exchanged Founder Shares and the remaining 7.3127% of the Retained Shares will be issued in respect of the exchanged Private Placement Warrants. Seller Support Agreement Concurrently with the execution and delivery of the Business Combination Agreement, StablecoinX, TLGY, SC Assets and a Seller entered into the Seller Support Agreement, pursuant to which, among other things, such Seller agreed to vote in favor of the adoption and approval of the Business Combination Agreement, the related documents to which SC Assets is a party and the Transactions. The Seller Support Agreement and certain of its provisions will terminate and be of no further force or effect upon the earlier to occur of (i) the termination of the Business Combination Agreement pursuant to its terms and (ii) the mutual written consent of the parties thereto. Lock-Up Agreements Concurrently with the Closing and each Sponsor will enter into Lock -UpAgreements with StablecoinX, pursuant to which each Seller and each Sponsor will agree that the shares of StablecoinX Class A Common Stock received by