TLGUF pushes SPAC Termination Date by one month after deposit
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
TLGY Acquisition Corporation extended the deadline to complete its initial business combination by one month. The company’s sponsor (or its affiliates/designees) deposited $24,494.35 into the trust account, which triggered an extension of the Termination Date from October 17, 2025 to November 16, 2025.
The deposit was made on October 14, 2025, satisfying the condition for the extension. This move preserves the company’s ability to complete a business combination during the new window while keeping funds in the trust account intact.
Positive
- None.
Negative
- None.
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.
FAQ
What did TLGUF disclose in its 8-K?
The company extended its business combination deadline by one month after a $24,494.35 deposit into its trust account.
What is TLGUF’s new Termination Date?
The Termination Date was extended to November 16, 2025.
How much was the Extension Deposit for TLGUF and who paid it?
The Extension Deposit was $24,494.35, funded by the sponsor or its affiliates/designees.
When was the deposit made and what period does the extension cover?
The deposit was made on October 14, 2025, extending the period from October 17, 2025 to November 16, 2025.
Where were the funds placed for the TLGUF extension?
The funds were deposited into the company’s trust account.
Was the extension conditional for TLGUF?
Yes. It was subject to the sponsor (or affiliates/designees) depositing $24,494.35 into the trust account, which occurred.