TLGY Acquisition Corp. Reports Director, Officer Changes
Ticker: TLGUF · Form: 8-K · Filed: Dec 27, 2024 · CIK: 1879814
| Field | Detail |
|---|---|
| Company | Tlgy Acquisition Corp (TLGUF) |
| Form Type | 8-K |
| Filed Date | Dec 27, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.0001, $11.50, $1.2 billion, $100 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, personnel-changes
TL;DR
TLGY Acquisition Corp. filed an 8-K detailing changes to its board and executive team.
AI Summary
TLGY Acquisition Corp. filed an 8-K on December 27, 2024, reporting changes related to its directors and officers, including elections and appointments. The filing also covers compensatory arrangements for certain officers. Specific details on the individuals involved or the exact nature of the compensatory arrangements are not provided in this excerpt.
Why It Matters
Changes in a company's board of directors and executive officers can signal shifts in strategy, governance, or operational focus.
Risk Assessment
Risk Level: low — This filing is a routine corporate disclosure regarding personnel changes and does not immediately indicate significant financial or operational risks.
Key Players & Entities
- TLGY Acquisition Corp. (company) — Filer of the 8-K report
- 0001879814 (company) — Central Index Key for TLGY Acquisition Corp.
- 20241227 (date) — Date of the filing and report period
FAQ
What specific changes were made to the board of directors and officer positions?
The filing indicates "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers" but does not list the specific individuals or their new roles in the provided excerpt.
What are the details of the compensatory arrangements for certain officers?
The filing mentions "Compensatory Arrangements of Certain Officers" as an item of disclosure, but the specific details of these arrangements are not included in the provided text.
When was this 8-K report filed?
The report was filed on December 27, 2024.
What is the SIC code for TLGY Acquisition Corp.?
The Standard Industrial Classification code for TLGY Acquisition Corp. is 2821, which relates to Plastics, Materials, Syn Resins & Nonvulcan Elastomers.
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.
Filing Stats: 2,138 words · 9 min read · ~7 pages · Grade level 11.8 · Accepted 2024-12-27 16:15:19
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
- $1.2 billion — AC that acquired HUB Cyber Security for $1.2 billion in 2023, from February 2021 to March 20
- $100 billion — General Electric Company, representing $100 billion in served assets across Canada, Mexico
Filing Documents
- tm2431968d1_8k.htm (8-K) — 48KB
- tm2431968d1_ex10-1.htm (EX-10.1) — 95KB
- 0001104659-24-132147.txt ( ) — 377KB
- tlgyu-20241227.xsd (EX-101.SCH) — 4KB
- tlgyu-20241227_def.xml (EX-101.DEF) — 27KB
- tlgyu-20241227_lab.xml (EX-101.LAB) — 37KB
- tlgyu-20241227_pre.xml (EX-101.PRE) — 26KB
- tm2431968d1_8k_htm.xml (XML) — 8KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Resignation of Officer On December 27, 2024, the Company received a notice from Mr. Vikas Desai ("Mr. Desai"), a director and the Chief Executive Officer ("CEO") and a member of the board of directors (the "Board") of the Company, of his decision to resign as the CEO and the Board of the Company, effectively immediately. His resignation is not the result of any dispute or disagreement with the Company, the Company's management, or the Board on any matter relating to the Company's operations, policies or practices. On December 27, 2024, the Company received a notice from Mr. Merrick Friedman ("Mr. Friedman"), who served as the Chief Finance Officer ("CFO") of the Company, of his decision to resign as the CFO of the Company, effectively immediately. His resignation is not the result of any dispute or disagreement with the Company, the Company's management, or the Board on any matter relating to the Company's operations, policies or practices. On December 27, 2024, the Company received a notice from Mr. Donghyun Han ("Mr. Han"), who served as a director of the Company, of his decision to resign as a member of the Board and all committees thereof, effective immediately. His resignation is not the result of any dispute or disagreement with the Company's management, or the Board on any matter relating to the Company's operations, policies or practices. On December 27, 2024, the Company received a notice from Mr. Young Cho ("Mr. Cho"), who served as a director of the Company, of his decision to resign as the Chairman of the Nominating and Corporate Governance Committee and a member of each of the Audit Committee and Compensation Committee of the Company, effective immediately. His resignation is not the result of any dispute or disagreement with the Company's management, or the Board on any matter relating to th