TLGY Acquisition Corp. Elects New Directors

Ticker: TLGUF · Form: 8-K · Filed: Apr 18, 2024 · CIK: 1879814

Tlgy Acquisition Corp 8-K Filing Summary
FieldDetail
CompanyTlgy Acquisition Corp (TLGUF)
Form Type8-K
Filed DateApr 18, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.0001, $11.50
Sentimentneutral

Sentiment: neutral

Topics: board-of-directors, management-change, filing

TL;DR

TLGY adds two directors to the board, effective April 16th.

AI Summary

TLGY Acquisition Corp. announced on April 18, 2024, a change in its board of directors, with the election of Mr. Jian Li and Mr. Jianjun Li as Class II directors, effective April 16, 2024. This filing also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts are not provided in this excerpt.

Why It Matters

Changes in a company's board of directors can signal shifts in strategy or governance, potentially impacting future business decisions and shareholder value.

Risk Assessment

Risk Level: low — The filing primarily concerns routine board changes and compensatory arrangements, with no immediate financial distress or significant operational shifts indicated.

Key Players & Entities

  • TLGY Acquisition Corp. (company) — Filer of the 8-K report
  • Jian Li (person) — Newly elected Class II director
  • Jianjun Li (person) — Newly elected Class II director
  • April 16, 2024 (date) — Effective date of director appointments
  • April 18, 2024 (date) — Date of the 8-K filing

FAQ

Who were the newly elected directors for TLGY Acquisition Corp.?

Mr. Jian Li and Mr. Jianjun Li were elected as Class II directors.

When were the new directors' appointments effective?

The appointments were effective as of April 16, 2024.

What is the filing date of this 8-K report?

The 8-K report was filed on April 18, 2024.

What other item is disclosed in this 8-K filing besides director changes?

The filing also discloses compensatory arrangements of certain officers.

What is the SIC code for TLGY Acquisition Corp.?

The Standard Industrial Classification (SIC) code for TLGY Acquisition Corp. is 2821, related to Plastics, Materials, Syn Resins & Nonvulcan Elastomers.

Filing Stats: 588 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2024-04-18 06:25:21

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

Filing Documents

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously disclosed, on March 28, 2024, the Company received a notice from Steven Norman ("Mr. Norman"), who served as a director and the Chief Financial Officer (the "CFO") of the Company, of his decision to resign as the CFO of the Company and as a member of the Board and all committees thereof, effective on March 28, 2024. The same notice from Mr. Norman also included his resignation from his role as the President of the Company. On April 16, 2024, TLGY Acquisition Corporation (the "Company"), received a notice from Shrijay Vijayan ("Mr. Vijayan"), who served as a director of the Company, of his decision to resign as a member of the Company's board of directors (the "Board") and all committees thereof, effective April 16, 2024. The resignation of Mr. Vijayan did not result from any dispute or disagreement with the Company on any matter relating to the Company's operations, policies or practices. 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 18, 2024 By: /s/ Jin-Goon Kim Name: Jin-Goon Kim Title: Chairman, Chief Executive Officer and Interim Chief Financial Officer

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