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TLGY Acquisition (TLGYW) extends SPAC merger deadline with $24.5K deposit

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

Rhea-AI Filing Summary

TLGY Acquisition Corporation reported that it has extended the deadline to complete its initial business combination by one month. The company notified its transfer agent on August 13, 2025 of its plan to push the termination date from August 17, 2025 to September 16, 2025, conditioned on a cash contribution to its trust.

On August 15, 2025, the sponsor or its affiliates or designees deposited an Extension Deposit of $24,494.35 into the trust account. With this deposit made, the special purpose acquisition company now has until September 16, 2025 to complete a business combination before facing liquidation under its current terms.

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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): August 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 x

 

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 August 13, 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 August 17, 2025 to September 16, 2025, subject to the Company’s sponsor or its affiliates or designees depositing $24,494.35 (the “Extension Deposit”) into the trust account.

 

On August 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 September 16, 2025.

 

 

 

 

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: August 15, 2025 By: /s/ Young Cho 
  Name: Young Cho 
  Title: Chief Executive Officer

 

 

 

FAQ

What did TLGYW (TLGY Acquisition Corporation) disclose in this 8-K?

The company disclosed that it extended the deadline to complete its initial business combination from August 17, 2025 to September 16, 2025 after making a required cash deposit into its trust account.

How long did TLGY Acquisition Corporation extend its business combination deadline?

The deadline, called the Termination Date, was extended by one month, from August 17, 2025 to September 16, 2025.

How much was deposited into the TLGY Acquisition Corporation trust to extend the deadline?

The sponsor or its affiliates or designees deposited an Extension Deposit of $24,494.35 into the trust account to secure the one-month extension.

Who provided the Extension Deposit for TLGY Acquisition Corporation?

The Extension Deposit of $24,494.35 was provided by the company’s sponsor or its affiliates or designees, rather than directly by public shareholders.

What happens next for TLGY Acquisition Corporation after this extension?

Following the one-month extension, TLGY Acquisition Corporation now has until September 16, 2025 to complete its initial business combination under its current timeline.

When did TLGY Acquisition Corporation notify its transfer agent about the extension plan?

The company notified Continental Stock Transfer & Trust Company on August 13, 2025 of its intention to extend the Termination Date, contingent on the Extension Deposit.
TLGY ACQUISITION CORPORATION

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