Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 567

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 567
---
, 2025 (Inception) through June 30, 2025, there were no potentially dilutive securities excluded from the calculation of diluted net loss per share attributable to common stockholders. Note 7. Segment Information ASC Topic 280, Segment Reporting, establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities from which it may recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated by the CODM, or group, in deciding how to allocate resources and assess performance. The CODM has been identified as the Chief Executive Officer, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that there is only one reportable segment. The CODM assesses performance for the single segment and decides how to allocate resources based on net income or loss that also is reported on the statement of operations as net income or loss. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews the below key metric included in net income or loss for the period from June 30, 2025 (Inception) through June 30, 2025:

| Operating expenses |     | $ | 26,071 |

Operating expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business combination or similar transaction within the business combination period. The CODM also reviews operating expenses to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. Operating expenses, as reported on the statement of operations, are the significant segment expenses provided to the CODM on a regular basis.

F-68 StablecoinX Assets Inc. Notes to Financial Statements June 30, 2025 Note 8. Subsequent Events The Company has evaluated subsequent events through August 25 ,2025, the date on which these financial statements were available to be issued and has determined that the following subsequent events are reportable other than those disclosed elsewhere in the financial statements. In August 2025, the Company received cash of $300,000 to settle the outstanding receivable from stockholders. Upon collection of the outstanding receivable from shareholders, the Company paid the full $25,000 fee and the Founders reimbursed in full for legal services paid on behalf of