TLGY Acquisition Corp Announces Definitive Agreement

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

Tlgy Acquisition Corp 8-K Filing Summary
FieldDetail
CompanyTlgy Acquisition Corp (TLGUF)
Form Type8-K
Filed DateDec 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 ACQUISITION CORP just signed a deal to buy another company. Details TBD.

AI Summary

TLGY Acquisition Corporation announced on December 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 transaction value, but it indicates that the acquisition is a significant event for TLGY.

Why It Matters

This filing signals a major strategic move by TLGY Acquisition Corp, potentially leading to significant changes in its business operations and shareholder value upon completion of the acquisition.

Risk Assessment

Risk Level: medium — The risk level is medium because while an acquisition is announced, key details like the target company and financial terms are missing, introducing uncertainty.

Key Players & Entities

  • TLGY Acquisition Corp (company) — Filer of the 8-K report
  • December 16, 2024 (date) — Date of the earliest event reported

FAQ

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

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

What is the financial value of the acquisition agreement?

The filing does not specify the transaction value.

What is the effective date of the definitive agreement?

The earliest event reported is December 16, 2024, which is the date of the definitive agreement.

What is the business address of TLGY Acquisition Corp?

The business address is MAPLES CORPORATE SERVICES LIMITED, P.O.B 309, UGLAND HOUSE, GRAND CAYMAN, E9, KY1-1104.

What is the SIC code for TLGY Acquisition Corp?

The SIC code is 2821, which corresponds to PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS.

Filing Stats: 519 words · 2 min read · ~2 pages · Grade level 13.5 · Accepted 2024-12-16 16:17:03

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 Other Events

Item 8.01 Other Events. On December 16, 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 December 17, 2024 to January 16, 2025, subject to the Company's sponsor or its affiliates or designees depositing $60,000 (the "Extension Deposit") into the trust account. On December 16, 2024, 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 January 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: December 16, 2024 By: /s/ Vikas Desai Name: Vikas Desai Title: Chairman and Chief Executive Officer

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