TLGY Acquisition Corp Announces Definitive Agreement

Ticker: TLGUF · Form: 8-K · Filed: May 16, 2024 · CIK: 1879814

Tlgy Acquisition Corp 8-K Filing Summary
FieldDetail
CompanyTlgy Acquisition Corp (TLGUF)
Form Type8-K
Filed DateMay 16, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Key Dollar Amounts$0.0001, $11.50, $60,000
Sentimentneutral

Sentiment: neutral

Topics: acquisition, definitive-agreement

TL;DR

TLGY signed a deal to buy another company. Details TBD.

AI Summary

TLGY Acquisition Corporation announced on May 16, 2024, that it has entered into a definitive agreement to acquire a target company. The filing does not disclose the name of the target company or the financial terms of the acquisition. This event is classified under 'Other Events' in the 8-K filing.

Why It Matters

This filing indicates that TLGY Acquisition Corporation is moving forward with a significant business combination, which could lead to substantial changes in its structure and operations.

Risk Assessment

Risk Level: medium — The lack of specific details regarding the target company and financial terms introduces uncertainty about the acquisition's success and impact.

Key Players & Entities

  • TLGY Acquisition Corporation (company) — Registrant
  • May 16, 2024 (date) — Date of earliest event reported

FAQ

What is the name of the company TLGY Acquisition Corporation is acquiring?

The filing does not disclose the name of the target company.

What are the financial terms of the acquisition agreement?

The filing does not provide specific financial terms for the acquisition.

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

The earliest event reported is dated May 16, 2024, and the filing is as of this date.

Under which item is this 8-K filing categorized?

This filing is categorized under 'Other Events'.

What is the standard industrial classification for TLGY Acquisition Corporation?

The Standard Industrial Classification for TLGY Acquisition Corporation is PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821].

Filing Stats: 520 words · 2 min read · ~2 pages · Grade level 13.1 · Accepted 2024-05-16 16:31:12

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
  • $60,000 — its affiliates or designees depositing $60,000 (the "Extension Deposit") into the trus

Filing Documents

01

Item 8.01 Other Events. As previously disclosed, on May 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 May 17, 2024 to June 16, 2024, subject to our sponsor or its affiliates or designees depositing $60,000 (the "Extension Deposit") into the trust account. On May 16, 2024 , our sponsor or its affiliates or designees deposited the Extension Deposit into the trust and as a result the Termination Date was extended by one month until June 16, 2024. 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: May 16, 2024 By: /s/ Jin-Goon Kim Name: Jin-Goon Kim Title: Chairman and Chief Executive Officer

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