Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 296

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 296
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 the assets and business of the combined company will be held and operated by SC Assets and its subsidiaries. Regulatory Matters Neither TLGY nor SC Assets are aware of any material regulatory approvals or actions that are required for completion of the Business Combination, other than the filing required by and the waiting period under the Hart -Scott -RodinoAntitrust Improvements Act of 1976 and the other regulatory notices and approvals discussed in “ The Business Combination Proposal — Business Combination Agreement — Closing Conditions — Conditions to the Obligations of Each Party”. The filing required by the Hart -Scott -RodinoAntitrust Improvements Act of 1976 was made on December 23, 2024. The waiting period under the Hart -Scott -RodinoAntitrust Improvements Act of 1976 expired on January 22, 2025. It is presently contemplated that if any such additional regulatory approvals or actions are required, those approvals or actions will be sought. There can be no assurance, however, that any additional approvals or actions will be obtained. Opinion of the TLGY Financial Advisor On June 18, 2025, TLGY retained Scalar to serve as an independent financial advisor to the TLGY Board, specifically to provide to the TLGY Board a fairness opinion in connection with the Business Combination. On July 20, 2025, representatives of Scalar reviewed its financial analysis of the Transactions with the TLGY Board, and rendered to the TLGY Board an oral opinion (subsequently confirmed in writing) that, as of such date and based upon and subject to the procedures followed, assumptions made, qualifications and limitations on the review undertaken, and other 126 matters considered by Scalar in preparing its opinion (attached as Annex Mto this proxy statement/prospectus), the Consideration (as defined in such opinion) to be paid by TLGY to the Public Shareholders pursuant to the Transaction Documents was fair from a financial point of view to the Public Shareholders (other than the Excluded Parties). On July 20, 2025, Scalar delivered its written opinion, dated as of the same date, to the TLGY Board (solely in their capacity as members of the TLGY Board) that, as of the date of the Fairness Opinion and subject to and based on the assumptions made, procedures followed, matters considered, limitations of the review undertaken and qualifications contained in the Fairness Opinion, the consideration to be received in the Business Combination by TLGY shareholders (excluding (a) the Sponsors and their affiliates and (b) the