Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 333

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 333
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X Charter, subject to the rights of the holders of any series of preferred stock, any or all directors of the StablecoinX Board may be removed from office at any time but only for cause and only upon the affirmative vote of the holders of at least seventy-five percent (75%) of the voting power of the capital stock of StablecoinX that would then be entitled to vote in the election of directors, voting together as a single class.                                                                                      |
| Advisory Organizational Documents Proposal H —                                          
 Removal of Provisions Specific to Blank Check and Special Purpose Acquisition Companies |     | The TLGY Organizational Documents contain various provisions applicable only to blank check companies and TLGY’s operations as a special purpose acquisition company prior to a Business Combination (as defined in the TLGY Organizational Documents).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |     | The StablecoinX Organizational Documents do not include these provisions applicable only to blank check companies and to operations as a special purpose acquisition company because, upon consummation of the Business Combination, the combined company will not be a special purpose acquisition company.                                                                                                                                                                                                                                             |

Advisory Charter Proposal A — Changes in Share Capital The StablecoinX Charter is intended to provide adequate authorized share capital to (i) accommodate the issuance of shares of StablecoinX Class A Common Stock and StablecoinX Class B Common Stock as part of the consideration in the Business Combination, (ii) provide flexibility for future issuances of shares of StablecoinX stock if determined by the StablecoinX Board to be in the best interests of StablecoinX after the consummation of the Business Combination and (iii) to have additional shares for purposes of financing its business, acquiring other businesses, forming strategic partnerships and alliances, and for stock dividends and stock splits, if applicable, in each case, without incurring the risk, delay and potential expense incident to obtaining stockholder approval for a particular issuance.

143 Advisory Organizational Documents Proposal B — Changes in Common Stock Voting Power The StablecoinX Organizational Documents provides that holders of shares of StablecoinX Class B Common Stock will have one (1) vote on each matter properly submitted to the stockholders entitled to vote and holders of shares of StablecoinX Class A Common Stock will have no votes per share (for so long as any shares of StablecoinX Class B Common Stock remain outstanding). Because, upon consummation of the Business Combination, Ethena and the Current Sponsors will own an aggregate of approximately [•]% of the outstanding shares of StablecoinX Class