Company: TLGYF
Filing Date: 2025-08-05
Form Type: 425
Source: 0001213900-25-072186
Chunk: 2

Company: TLGY ACQUISITION CORP
Filing Date: 2025-08-05
Form: 425
Chunk 2
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. Such forward-looking statements with respect to the proposed Business Combination
include expectations, hopes, beliefs, intentions, plans, prospects, financial results or strategies regarding SC Assets, Pubco, TLGY and
the proposed Business Combination, statements regarding the anticipated benefits and timing of the completion of the proposed Business
Combination, the assets held by SC Assets and Pubco, the price and volatility of ENA Token, ENA Token’s growing prominence as an
issuer of digital dollars on-chain, Pubco’s listing on any securities exchange, the macro, political and regulatory conditions surrounding
ENA Token, the planned business strategy including Pubco’s ability to develop a corporate architecture capable of supporting its
treasury initiatives and strategic stake in the Ethena Protocol, plans and use of proceeds, objectives of management for future operations
of Pubco, the upside potential and opportunity for investors, Pubco’s plan for value creation and strategic advantages, market size
and growth opportunities, regulatory conditions, technological and market trends, future financial condition and performance and expected
financial impacts of the proposed Business Combination, the satisfaction of closing conditions to the proposed Business Combination and
the level of redemptions of TLGY’s public shareholders, and Pubco’s expectations, intentions, strategies, assumptions or beliefs
about future events, results of operations or performance or that do not solely relate to historical or current facts. Forward-looking
statements are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the forward-looking statements in this communication, including, but not limited
to: the risk that the proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the
price of TLGY’s securities; the risk that the proposed Business Combination may not be completed by TLGY’s business combination
deadline; the failure by the parties to satisfy the conditions to the consummation of the proposed Business Combination, including the
approval of TLGY’s shareholders and the listing of Pubco’s securities on a national securities exchange at closing; failure
to realize the anticipated benefits of the proposed Business Combination; the level of redemptions by TLGY’s public shareholders,
which may reduce the public float of, reduce the liquidity of the trading market of, and/or impact the ability of, the shares of Class
A common stock of Pubco to be listed in connection with the proposed Business Combination; the insufficiency of the third-party fairness
opinion