Company: TLGYF
Filing Date: 2025-10-09
Form Type: 425
Source: 0001213900-25-097760
Chunk: 1

Company: TLGY ACQUISITION CORP
Filing Date: 2025-10-09
Form: 425
Chunk 1
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 file other documents with the SEC regarding the Transaction. TLGY’s shareholders and other interested persons are advised
to read, the Registration Statement, including the preliminary proxy statement/prospectus contained therein, the amendments thereto and
the definitive proxy statement/prospectus and other documents filed in connection with the Transaction, when available, as these materials
will contain important information about TLGY, SC Assets, StablecoinX and the Transaction.

TLGY’s shareholders and other interested
persons will be able to obtain copies of the Registration Statement, including the preliminary proxy statement/prospectus contained therein,
the definitive proxy statement/prospectus and other documents filed or that will be filed by TLGY and StablecoinX with the SEC, when available,
free of charge, through the website maintained by the SEC at www.sec.gov.

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Forward-Looking Statements

This communication includes certain statements
that may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act, and Section 21E
of the Exchange Act. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other
characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,”
“plan,” “possible,” “potential,” “predict,” “project,” “seek,”
“should,” “target,” “would” and similar expressions may identify forward-looking statements, but the
absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements with respect to the proposed
Transaction include expectations, hopes, beliefs, intentions, plans, prospects, financial results or strategies regarding SC Assets, StablecoinX,
TLGY and the proposed Transaction, statements regarding the anticipated benefits and timing of the completion of the proposed Transaction,
the assets held by SC Assets and StablecoinX, the price and volatility of ENA, ENA’s growing prominence as an issuer of digital
dollars on-chain, StablecoinX’s listing on any securities exchange, the macro, political and regulatory conditions surrounding ENA,
the planned business strategy including StablecoinX’s ability to develop a corporate architecture capable of supporting its treasury
initiatives and strategic stake in the Ethena Protocol, plans and use of proceeds, objectives of management for future operations of StablecoinX,
the upside potential and opportunity