Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 481

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 481
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 (y) the date on which TLGY completes a liquidation, Transactions, capital stock exchange or other similar transaction that results in all of the Public Shareholders having the right to exchange their shares of ordinary shares for cash, securities or other property. Purchase of Private Placement Warrants Simultaneously with the consummation of our IPO, we completed the private sale of an aggregate of 11,259,500 Private Placement Warrants to the Former Sponsor, including the issuance of 600,000 Private Placement Warrants in respect of the Former Sponsor’s obligation to purchase such additional Private Placement Warrants upon the exercise of the underwriters’ over -allotmentoption, at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds of $11,259,500. Pursuant to the Securities Transfer Agreement, on June 19, 2024, the Current Sponsors purchased 3,940,825 Private Placement Warrants from the Former Sponsor, along with 3,542,305 Founder Shares, for an aggregate purchase price of $1.00. In accordance with the terms of the Sponsor Support Agreement, immediately following the SPAC Merger, all of the Private Placement Warrants will be exchanged for the right to receive 600,000 Earnout Shares after the Closing. General and Administrative Services Pursuant to the terms of the administrative services agreement, dated November 30, 2021, by and between TLGY and the Former Sponsor (the “ Administrative Services Agreement”), TLGY agreed to pay the Former Sponsor a total of $15,000 per month for office space, utilities and secretarial and administrative support commencing on November 30, 2021 and ceasing upon completion of an initial business combination or TLGY’s liquidation. On June 19, 2024, TLGY and the Former Sponsor entered into a letter agreement (the “ Termination Letter”) terminating the Administrative Services Agreement. Pursuant to the Termination Letter, TLGY and the Former Sponsor agreed to irrevocably release, 235 waive, and forever discharge TLGY and its successors or assigns, the Former Sponsor and its members, directors, advisors, officers and its holding company, from any and all actions, compensations, fees and expenses, obligations and claims of all types and nature, including all sums that may be or have been accrued or outstanding, arising from or in connection with the Administrative Services Agreement. During the nine months ended September 30, 2025 and 2024, TLGY