Company: TLGYF
Filing Date: 2025-07-23
Form Type: 425
Source: 0001213900-25-066790
Chunk: 1

Company: TLGY ACQUISITION CORP
Filing Date: 2025-07-23
Form: 425
Chunk 1
---
 contrih tion of EN A From the .thena £oundatic n Lquity ma rMc \ x'iII no Y have direct access and exposure tc the mcst import a rit emergi ng trend in a II of fi na nce: The grove th of dig ttaI dc liars and *ta blecoin*. To booctrap Its acqui*ttion *trateg \ '. Stablecoi nX Inc. vzi II se all cf the 5260 mill icn cash p roczeds from the raisz tless amount Fcr certain expenses) to buy' IccMd £ EA fiom a subsidiary cf the Ethena £c ndation. Sta rting today'. the .thena £ oundatic n *ubsidiary ';via third - pa rty marMt maM rs;' viii use 100a of the 526D mi Ilion cash proceeds frc m the tc I:en sa ie to strateg icaII \ ' purchase S.N A across pu blicly traded venue* cx'er the comi ng week s. f rther alignin g the £c ndation 's i ncentives vzith thc*e of 5tableCoi nX shar eholde . Importantly' . the Ethena £ oundatic n has the right to veto and' *ales of KERJA h¿' Sta bleCoi nX at its sole disc retic n . deaII¿' . tokens vzi II never be sold vzith a sole foe s on accumu latic n . To the extent Sta bleCoi nX subsequently raises ca pital \ x'ith the intz rit of pu r chasi ng addttic na I Iocf:ed EN A from the £the na Foundation or its afli liates. cash proceed* Frc m those token *ales are planned to be u*ed to purchase *pot YEHR Sta bleCoi nX’* treasury .•trateg \ ' i* a deliberate. mu hi - year capita I allocation strategy' that vzi II e na bles start IeCoinX to capt re the enormous x'aIue of the secular surge in demand Fc r digital dc liars vzhile compounding EN A pe r share tc the benefit cf shareholders. http* :/,’In kd. - h R a • . .., . ...

<div align='center'>