Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 92

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 92
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 and Restated Registration Rights Agreement, pursuant to which StablecoinX will (i) assume the registration obligations of TLGY under such registration rights agreement, with such rights applying to the shares of StablecoinX Class A Common Stock and (ii) provide registration rights with respect to the resale of shares of StablecoinX Class A Common Stock held by Ethena, each Founder Shareholder and each Seller. We estimate that holders of an aggregate of 7,774,580 shares of StablecoinX Class A Common Stock will be entitled to registration rights immediately following the Closing, representing approximately 11.70% of the total issued and outstanding shares of StablecoinX Class A Common Stock following the Business Combination. The SPAC Merger Proposal Assuming the Business Combination Proposal is approved and adopted, TLGY is asking its shareholders to approve by special resolution the SPAC Merger and the Plan of Merger, as contemplated by the Business Combination Agreement, pursuant to which, SPAC Merger Sub will merge with and into TLGY, with TLGY continuing as the surviving company and each issued and outstanding TLGY Class A Ordinary Share, will be exchanged for one share of StablecoinX Class A Common Stock. We refer to this proposal as the “SPAC Merger Proposal” and, together with the Business Combination Proposal, the “Condition Precedent Proposals”. A copy of the Plan of Merger is attached to this proxy statement/prospectus as Annex B. The TLGY Board has unanimously approved the SPAC Merger Proposal. For additional information, see the section entitled “ The SPAC Merger Proposal” of this proxy statement/prospectus. 6 The Advisory Organizational Documents Proposals Assuming the Business Combination Proposal and the SPAC Merger Proposal are approved and adopted, TLGY is asking its shareholders to approve, on a non -bindingadvisory basis, certain material differences between the TLGY Organizational Documents and the StablecoinX Organizational Documents to be in effect at the Closing. We refer to these eight separate proposals collectively as the “Advisory Organizational Documents Proposals”. Copies of the StablecoinX Charter and StablecoinX Bylaws are attached to this proxy statement/prospectus as Annexes Cand D, respectively. The TLGY Board has unanimously approved the Advisory Organizational Documents Proposals. For additional information, see the section entitled “ The Advisory Organizational Documents Proposals” of this proxy statement/prospectus. The Adjournment Proposal If, based on the tabulated vote, there are not sufficient votes