Company: TLGYF
Filing Date: 2025-03-26
Form Type: PRE 14A
Source: 0001104659-25-028287
Chunk: 18

Company: TLGY ACQUISITION CORP
Filing Date: 2025-03-26
Form: PRE 14A
Chunk 18
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 pursuant to the underwriters’ exercise in full of their over-allotment option, from which we derived gross proceeds of $30,000,000, and also consummated the closing of the sale of an additional 600,000 Private Placement Warrants, from which we derived gross of $600,000. The amount in the Trust Account was initially $10.20 per public share. Like most blank check companies, the Charter provides for the return of our IPO proceeds held in trust to the holders of Class A ordinary shares sold in our IPO if there is no qualifying business combination(s) consummated on or the Termination Date. 
 Under our current Charter, we have until April 16, 2025 to complete an initial business combination. While we are using our best efforts to complete a business combination as soon as practicable, we will not be able to complete a business combination by that time. Accordingly, the Board believes that making the Charter Amendments and approving the Contingent Right Proposal would be in the best interest of the shareholders and would also put the Company in a better position to complete a business combination.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | ​ |
| ​ | What is being voted on?                  | ​ | ​ | You are being asked to vote on the following five proposals:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | ​ |
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 a proposal by special resolution to amend the Charter, in the form set forth in Annex A to the accompanying Proxy Statement, to modify the monthly amount that CPC Sponsor Opportunities I, LP and CPC Sponsor Opportunities I (Parallel), LP , our sponsors (the “Sponsors” or “current Sponsors”) or their affiliates or designees must deposit into the Company’s trust account (the “Trust Account”) in order to extend the period of time to consummate an initial business combination by one month, up to twelve times (starting from the first date on which such modified extension payment is made), if requested by the Sponsors and accepted by the Company, from the lesser of $0.02 per outstanding share and $60,000 to the lesser of (x) $[          ] per outstanding share and (y) $[          ]. Any amount of the $60,