Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 19

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 19
---
 Chief Executive Officer or Chief Financial Officer of StablecoinX, and Edward Chen is expected to serve as a member of the StablecoinX Board, in each case following the Closing. These conflicts of interest may include a material conflict of interest arising in determining whether to proceed with the Business Combination, the compensation of TLGY’s directors and officers and the compensation of the Sponsors and the Sellers in connection with the Business Combination. See the section entitled “ The Business Combination Proposal — Interests of Certain TLGY Persons in the Business Combination”. After careful consideration, the board of directors of TLGY (the “TLGY Board”) has unanimously approved and determined to be in the best interests of TLGY and its shareholders the Business Combination and unanimously recommends that shareholders vote “FOR” the Business Combination Proposal and “FOR” all other proposals presented to TLGY’s shareholders in the accompanying proxy statement / prospectus. When you consider the recommendation of these proposals by the TLGY Board, you should keep in mind that TLGY Sponsors LLC (the “Former Sponsor”), CPC Sponsor Opportunities I, LP (“CPCSO”), CPC Sponsor Opportunities I (Parallel), LP (“CPCSO Parallel” and, together with CPCSO, the “Current Sponsors” and collectively with the Former Sponsor, the “Sponsors”) and TLGY’s directors and officers, and / or their affiliates, have interests in the Business Combination that may conflict with your interests as a shareholder. As a result, the Sponsors, Young Cho, Edward Chen and TLGY’s other officers and directors, and / or their affiliates, will benefit from the completion of a business combination and may be incentivized to complete an acquisition of a less favorable target company or on terms less favorable to shareholders rather than liquidating TLGY. See the section of the accompanying proxy statement / prospectus entitled “ The Business Combination Proposal — Interests of Certain TLGY Persons in the Business Combination ” for a further discussion of these considerations. In connection with the Business Combination, certain related agreements have been or will be entered into on or prior to the closing of the Business Combination, including the Collaboration Agreement, the Contribution Agreement, The Sponsor Support Agreement, the Seller Support Agreement, the PIPE Subscription Agreements, the Token Purchase Agreements, the Amended and Restated Registration Rights Agreement and the Lock -UpAgreement (each as defined in the accompanying proxy statement/prospectus). See “ The Business Combination Proposal — Related Agreements” and “ Certain Relationships and Related Person Transactions” in the accompanying proxy statement/prospectus for more