TLGY Acquisition Corporation (TLGUF) extends business combination deadline

Rhea-AI Filing Summary

TLGY Acquisition Corporation extended the deadline to complete its initial business combination by one month. The Termination Date moved from December 17, 2025 to January 16, 2026 after its sponsor or related parties deposited $24,494.35 into the company's trust account on December 15, 2025, as required for the extension.

This short extension provides additional time to identify and close a business combination before the new deadline.

Insights

SPAC and capital markets analyst

One-month SPAC deadline extension after a small sponsor deposit is mainly an administrative timing change.

TLGY Acquisition Corporation used a built-in extension feature to push its initial business combination deadline from December 17, 2025 to January 16, 2026. The extension was conditioned on its sponsor or related parties depositing an $24,494.35 extension amount into the trust account.

This mechanism is common for SPACs, allowing more time to finalize a potential deal without immediately triggering the end of the combination period. The size of the $24,494.35 deposit suggests a modest incremental cost to the sponsor rather than a large capital shift for public shareholders.

From an investor perspective, the key change is the additional month to seek or close a transaction before the updated January 16, 2026 Termination Date. Any further extensions or a signed business combination agreement would be communicated in later company reports and would determine whether the SPAC ultimately completes a transaction within the available timeframe.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): December 15, 2025

TLGY Acquisition Corporation

(Exact name of registrant as specified in its charter)

Cayman Islands		001-41101		98-1603634
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

4001 Kennett Pike, Suite 302 Wilmington, DE		19807
(Address of principal executive offices)		(Zip Code)

(1) 302-803-6849

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On December 11, 2025, the Company notified Continental Stock Transfer & Trust Company of its intention to extend the period of time that the Company has to complete its initial business combination (the “Termination Date”) by an additional month for the period from December 17, 2025 to January 16, 2026, subject to the Company’s sponsor or its affiliates or designees depositing $24,494.35 (the “Extension Deposit”) into the trust account.

On December 15, 2025, the Company’s sponsor or its affiliates or designees deposited the Extension Deposit into the trust account and as a result the Termination Date was extended by one month until January 16, 2026.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	TLGY Acquisition Corporation
Date: December 16, 2025	By:	/s/ Young Cho
	Name:	Young Cho
	Title:	Chief Executive Officer

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FAQ

What did TLGY Acquisition Corporation (TLGUF) disclose in this report?

TLGY Acquisition Corporation disclosed that it extended the deadline to complete its initial business combination by one month, after its sponsor funded a required cash deposit into the trust account.

What is the new Termination Date for TLGY Acquisition Corporations business combination period?

The Termination Date for TLGY Acquisition Corporation to complete its initial business combination moved from December 17, 2025 to January 16, 2026.

How much did the TLGY sponsor deposit to obtain the extension?

The companys sponsor or its affiliates or designees deposited an extension amount of $24,494.35 into TLGY Acquisition Corporations trust account.

Who made the extension deposit for TLGY Acquisition Corporation?

The extension deposit of $24,494.35 was made by TLGY Acquisition Corporations sponsor or its affiliates or designees, as specified in the report.

When did TLGY Acquisition Corporation decide and then complete the extension funding?

TLGY Acquisition Corporation notified its transfer agent of its intention to extend the deadline on December 11, 2025, and the sponsor deposit was completed on December 15, 2025.

What is the purpose of TLGY Acquisition Corporations trust account in this context?

The trust account holds funds related to the SPAC structure, and in this case the $24,494.35 extension deposit was required to extend the time available to complete an initial business combination.