Company: TLGYF
Filing Date: 2025-03-05
Form Type: 10-K
Source: 0001410578-25-000276
Chunk: 16

Company: TLGY ACQUISITION CORP
Filing Date: 2025-03-05
Form: 10-K
Item: Item 1A
Chunk 16
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Item 1A. Risk Factors

As a smaller reporting company, we are not required to include risk factors in this Annual Report. For the complete list of risks relating to our Company and our operations, see the section titled “Risk Factors” contained in our prospectus filed with the SEC on December 3, 2021. However, below is a partial list of material risks, uncertainties and other factors that could have a material effect on our Company and our operations:

●we are an early stage Company with no revenue or basis to evaluate our ability to select a suitable business target;

●we may not be able to select an appropriate target business or businesses and complete our initial business combination in the prescribed time frame;

●our expectations around the performance of a prospective target business or businesses may not be realized;

●we may not be successful in retaining or recruiting required officers, key employees or directors following our initial business combination;

●our officers and directors may have difficulties allocating their time between the Company and other businesses and may potentially have conflicts of interest with our business or in approving our initial business combination;

●we may not obtain additional financing to complete our initial business combination or reduce the number of shareholders requesting redemption;

●you may not be given the opportunity to choose the initial business combination target or to vote on the initial business combination;

●trust account funds may not be protected against third party claims or bankruptcy;

●an active market for our public securities may not develop and you will have limited liquidity and trading;

●the availability to us of funds from interest income on the trust account balance may be insufficient to operate our business prior to our initial business combination; and

●our financial performance following a business combination with an entity may be negatively affected by their lack of an established record of revenue, cash flows, earnings and experienced management.