Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 238

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 238
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 of which may be beyond StablecoinX’s control, including: •actual or anticipated fluctuations in the price of ENA, USDe or sUSDe; •actual or anticipated fluctuations in StablecoinX’s operating results; •the operating and trading price performance of comparable companies or digital assets; •changes in the StablecoinX Board or management; •changes in StablecoinX’s capital structure, such as changes to its treasury strategy or future issuances of debt or equity securities; •changes in reputation concerning the digital assets held byStablecoinX; •price and volume fluctuations in the overall stock market, including as a result of trends in the economy as a whole; •fluctuation of interest rates, exchange rates, taxes, inflationary pressure; •changes in the regulatory and legal environment under which StablecoinX operates; and •other macroeconomic events or factors, including those resulting from pandemics or other public health crises, war, incidents of terrorism or responses to these events. Over the past several years, the stock market has experienced extreme price and volume fluctuations and companies have been experiencing volatility in the market price of their securities which are unrelated or disproportionate to their operating results. Shareholders have instituted securities class action litigation against companies following periods of volatility in the market price of their securities. Any similar litigation against StablecoinX could result in substantial costs, divert management’s attention and resources and harm its business, financial condition and results of operations. StablecoinX does not expect to pay any cash dividends for the foreseeable future. StablecoinX currently intends to use future earnings to grow its business and accumulate additional digital assets. As a result, StablecoinX does not expect to pay any cash dividends for the foreseeable future. All decisions regarding the payment of dividends by StablecoinX will be made in the sole discretion of the StablecoinX Board from time to time in accordance with applicable law. There can be no assurance that StablecoinX will have sufficient surplus under applicable law to be able to pay any dividends at any time in the future. This may result from extraordinary cash expenses, funding of capital expenditures or increases in reserves. If StablecoinX does not pay dividends, the price of shares of StablecoinX Class A Common Stock that you receive in the Business Combination must appreciate for you to receive a gain on your investment. This appreciation may not occur. Further, you may have to sell some or all of your shares of StablecoinX Class A Common Stock in order to generate cash flow from your investment. 86 If securities or industry analysts