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[8-K] TLGY ACQUISITION CORP Reports Material Event

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

TLGY Acquisition Corporation extended the deadline to complete its initial business combination by one month, moving the termination date from January 17, 2026 to February 16, 2026. The extension became effective after the company’s sponsor or its affiliates or designees deposited $24,494.35 into the trust account on January 14, 2026, as required under its governing terms. This gives the SPAC additional time to identify and finalize a suitable merger target before it would otherwise be required to liquidate.

Positive

  • None.

Negative

  • None.

Insights

TLGY’s sponsor-funded extension gives the SPAC one more month to complete a merger, with a small cash contribution to the trust.

TLGY Acquisition Corporation is using a built-in feature of its SPAC structure to extend the period to complete its initial business combination. The termination date moves from January 17, 2026 to February 16, 2026 after the sponsor or its affiliates or designees deposited $24,494.35 into the trust account. This type of extension is common as SPACs approach their deadline and continue evaluating potential targets.

The cash is contributed by the sponsor side, not redeemed from public funds, which maintains trust value while effectively paying for additional time. The filing does not describe any specific target or deal status, so the main takeaway is simply that TLGY now has until February 16, 2026 to complete a business combination under its current structure. Future filings would need to detail any proposed transaction or further extensions.

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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): January 14, 2026

 

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 January 9, 2026, 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 January 17, 2026 to February 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 January 14, 2026, 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 February 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: January 14, 2026 By: /s/ Young Cho
  Name:  Young Cho
  Title: Chief Executive Officer

 

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TLGY ACQUISITION CORPORATION

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