TLGY Acquisition Corp. Amends Business Combination Agreement

Ticker: TLGUF · Form: 8-K · Filed: Apr 8, 2024 · CIK: 1879814

Tlgy Acquisition Corp 8-K Filing Summary
FieldDetail
CompanyTlgy Acquisition Corp (TLGUF)
Form Type8-K
Filed DateApr 8, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Key Dollar Amounts$0.0001, $11.50, $110,000
Sentimentneutral

Sentiment: neutral

Topics: acquisition, amendment, business-combination

TL;DR

TLGY amended its merger deal AGAIN. Details TBD.

AI Summary

On April 8, 2024, TLGY Acquisition Corp. announced an amendment to its business combination agreement with a target company. The amendment modifies the terms of the agreement, which was originally entered into on January 19, 2024, and previously amended on March 25, 2024. The specific details of the modifications are not provided in this filing.

Why It Matters

This filing indicates a change in the terms of a significant business combination, which could impact the future structure and value of TLGY Acquisition Corp.

Risk Assessment

Risk Level: medium — Amendments to business combination agreements can signal complexities or renegotiations that may affect the deal's completion or terms.

Key Players & Entities

  • TLGY Acquisition Corp. (company) — Registrant
  • January 19, 2024 (date) — Original business combination agreement date
  • March 25, 2024 (date) — Previous amendment date
  • April 8, 2024 (date) — Date of current report and amendment

FAQ

What specific terms were amended in the business combination agreement on April 8, 2024?

The filing does not specify the exact details of the amendments made to the business combination agreement on April 8, 2024.

What was the original date of the business combination agreement?

The original business combination agreement was entered into on January 19, 2024.

Has the business combination agreement been amended before this filing?

Yes, the agreement was previously amended on March 25, 2024.

What is the purpose of this 8-K filing?

The purpose of this 8-K filing is to report an amendment to the business combination agreement.

What is the ticker symbol for TLGY Acquisition Corp?

The ticker symbol is not explicitly stated in this excerpt, but the company name is TLGY Acquisition Corp.

Filing Stats: 482 words · 2 min read · ~2 pages · Grade level 13 · Accepted 2024-04-08 16:00:24

Key Financial Figures

  • $0.0001 — f one Class A ordinary share, par value $0.0001 per share, and one-half of one redeemab
  • $11.50 — ordinary share at an exercise price of $11.50 per share TLGYW The Nasdaq Stock Mark
  • $110,000 — its affiliates or designees depositing $110,000 (the "Extension Deposit") into the trus

Filing Documents

01

Item 8.01 Other Events. On April 8, 2024, 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 April 17, 2024 to May 16, 2024, subject to our sponsor or its affiliates or designees depositing $110,000 (the "Extension Deposit") into the trust account. 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: April 8, 2024 By: /s/ Jin-Goon Kim Name: Jin-Goon Kim Title: Chairman and Chief Executive Officer

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