TLGY Acquisition (TLGYF) pushes SPAC deal deadline to Oct. 16 2025
Rhea-AI Filing Summary
TLGY Acquisition Corporation reported that on September 12, 2025 it elected to extend the deadline to complete its initial business combination by one month. The period is being extended from September 17, 2025 to October 16, 2025, giving the company additional time to finalize a potential merger or similar transaction.
To effect this extension, the sponsor or its affiliates or designees deposited $24,494.35 into the company’s trust account on September 12, 2025. This deposit satisfied the requirement for the extension and caused the Termination Date to move to October 16, 2025.
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FAQ
What did TLGYF disclose in this 8-K filing?
TLGY Acquisition Corporation disclosed that it extended the deadline to complete its initial business combination by one month, from September 17, 2025 to October 16, 2025, after making a required cash deposit into its trust account.
How long is TLGY Acquisition Corporation (TLGYF) extending its business combination deadline?
The company extended the Termination Date for its initial business combination by one month, moving it from September 17, 2025 to October 16, 2025.
How much money was deposited into the trust account for the TLGYF extension?
The sponsor or its affiliates or designees deposited $24,494.35 (the “Extension Deposit”) into TLGY Acquisition Corporation’s trust account to effect the one-month extension.
Who provided the extension deposit for TLGY Acquisition Corporation?
The extension deposit of $24,494.35 was made by the company’s sponsor or its affiliates or designees, as required to extend the Termination Date.
What is the new Termination Date for TLGY Acquisition Corporation’s initial business combination?
The new Termination Date for completing the initial business combination is October 16, 2025, following the extension and trust account deposit.
Why did TLGY Acquisition Corporation make an extension deposit?
The extension deposit of $24,494.35 was required under the company’s structure to extend the time it has to complete its initial business combination by one month.