Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 89

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 89
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 its redemption rights in full, then it will be electing to exchange its Public Shares for cash and will no longer 8 own Public Shares. See the section of the proxy statement/prospectus entitled “ Extraordinary General Meeting of TLGY — Redemption Rights” for a detailed description of the procedures to be followed if you wish to redeem your Public Shares for cash. Notwithstanding the foregoing, a Public Shareholder, together with any affiliate of such Public Shareholder or any other Person with whom such Public Shareholder is acting in concert or as a “group” (as defined in Section 13(d)(3) of the Exchange Act), will be restricted from redeeming its Public Shares with respect to more than an aggregate of 15% of the Public Shares. Accordingly, if a Public Shareholder, alone or acting in concert or as a group, seeks to redeem more than 15% of the Public Shares, then any such shares in excess of that 15% limit would not be redeemed for cash. The TLGY Insiders, including the Sponsors, have agreed to, among other things, vote in favor of all proposals being presented at the extraordinary general meeting, regardless of how the Public Shareholders vote. As of the Record Date, the TLGY Insiders owned approximately 91.67% of the issued and outstanding TLGY Ordinary Shares. Holders of the Public Warrants will not have redemption rights with respect to the Public Warrants. Appraisal or Dissent Rights Under the Companies Act, minority shareholders have a right to dissent to a merger and if they so dissent, they are entitled to be paid the fair market value of their shares, which if necessary, may ultimately be determined by the court. Therefore, TLGY’s shareholders have a right to dissent to the SPAC Merger. In addition, Public Shareholders are entitled to exercise their right of redemption as set forth in the subsection entitled “ Extraordinary General Meeting of TLGY — Redemption Rights” and the TLGY Board has determined that the redemption amount payable to TLGY Public Shareholders who exercise such redemption rights represents the fair value of those TLGY Ordinary Shares. SC Assets’s shareholders do not have appraisal rights in connection with the Business Combination under the DGCL. Please see the subsection entitled “ Extraordinary General Meeting of TLGY — Appraisal or Dissent Rights” for more information. Proxy Solicitation Proxies may be solicited by mail, telephone or in person. TLGY has engaged Okapi Partners LLC to assist in the solicitation of proxies. If a