{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-073575","form_type":"8-K","ticker":"TLGYF","cik":"0001879814","company_name":"TLGY ACQUISITION CORP","filed_at":"2023-06-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.440099+00:00","generated_at":"2026-06-13T19:23:29.966127+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"TLGY Acquisition Corp. enters into merger agreement with Verde Bioresins valued at $365M","bullets":["Merger agreement signed June 21, 2023; enterprise value of Verde Bioresins set at $365M.","Verde stockholders to receive New Verde common stock at $10/share; up to 36.5M earnout shares.","TLGY to redomicile to Delaware, change name to Verde Bioresins, Corp., trade as VRDE.","Closing subject to SPAC shareholder approval, regulatory OKs, and minimum $5M net tangible assets after redemptions.","Sponsor earnout shares up to 5.75M; reduced to 2M if trust cash < $25M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-073575","json":"https://secwatch.observer/filing/0001104659-23-073575.json","markdown":"https://secwatch.observer/filing/0001104659-23-073575.md","text":"https://secwatch.observer/filing/0001104659-23-073575.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879814/000110465923073575/0001104659-23-073575-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879814/000110465923073575/tm2319298d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T19:23:29.966127+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"208ca7345dc0a26b713d9e45c93ec03d67366084","claim":"TLGY ACQUISITION CORP entered into Agreement and Plan of Merger with Verde Bioresins, Inc. (effective 2023-06-21).","evidence_excerpt":"On June 21, 2023, TLGY Acquisition Corporation, a Cayman Islands exempted company (“ TLGY ”), entered into an Agreement and Plan of Merger (as it may be amended, supplemented or otherwise modified from time to time, the “ Merger Agreement ”), by and among TLGY, Virgo Merger Sub Corp., a Delaware corporation and wholly-owned subsidiary of TLGY (“ Merger Sub ”), Verde Bioresins, Inc., a Delaware corporation (“ Verde ”), and, solely for Sections 3.07, 3.10, 7.13 and Article XI thereof, TLGY Sponsors LLC, a Cayman Islands limited liability company (“ Sponsor ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1879814/000110465923073575/0001104659-23-073575-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Verde Bioresins, Inc."},{"label":"Effective","value":"2023-06-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}