Every 8-K that TLGY Acquisition Corporation Warrant (TLGYW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TLGYW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TLGYW filings page.
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.
TLGY Acquisition Corp. (NASDAQ: TLGYW) has entered into a definitive Business Combination Agreement to merge with StableCoinX Assets Inc. (“SC Assets”) and form a new publicly traded Delaware entity, StableCoinX Inc. (“Pubco”). The two-step transaction will (1) merge TLGY into a Pubco subsidiary and (2) immediately merge SC Assets into Pubco, leaving both TLGY and SC Assets as wholly owned subsidiaries of Pubco.
- Equity structure: Pubco will issue Class A shares (no voting rights, full economics) and Class B shares (1 vote per share, no economics). Class B will be held only by TLGY founders, SC Assets sellers and Ethena Foundation; Class A will list on Nasdaq.
- Consideration: TLGY Class A ordinary shares and SC Assets Class A shares convert 1-for-1 into Pubco Class A; SC Assets Class B convert into one Class A plus one Class B of Pubco.
- PIPE financing: Concurrent private placement of ~US$363 million (US$262 million cash/USDC/USDT and ~US$101 million in ENA tokens, including a US$60 million ENA contribution from Ethena) supports the deal. Net cash PIPE proceeds (after ≤US$2.5 million expenses) will purchase discounted, 48-month locked ENA tokens from Ethena OpCo.
- Governance & lock-ups: Post-close Pubco board will have five directors (Ethena, Seller, and three mutually agreed). Founder and Seller Class A shares are locked up for 6 months post-close; earn-out of up to 3.6 million Class A shares tied to performance and ENA price.
- Conditions & timing: Closing requires TLGY shareholder approval, SEC effectiveness of Form S-4, Nasdaq listing of Pubco Class A, full PIPE funding, completion of ENA token contribution and other customary conditions. Either party may terminate if not closed within six months; no breakup fee.
Supporting agreements include a Collaboration Agreement tying Pubco’s business to infrastructure and staking services for the Ethena Protocol, a Contribution Agreement (US$60 million ENA at 30% discount), Token Purchase Agreement for locked ENA, Sponsor & Seller Support Agreements, lock-ups and amended registration-rights. All parties waive claims on TLGY’s trust account. A joint press release and investor deck (Ex 99.1/99.2) accompany the 8-K.