---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-110132"
form_type: "8-K"
ticker: "TLGYF"
cik: "0001879814"
company_name: "TLGY ACQUISITION CORP"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:10:42.993902+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TLGY shareholders approve charter amendment reducing extension deposit; 1.4M shares redeemed at ~$10.96

## Summary
- Charter Amendment approved: 11,410,175 for, 385,786 against, 0 abstentions.
- Monthly extension payment reduced from lesser of $0.04/share or $200k to lesser of $0.033/share or $110k.
- 1,395,317 ordinary shares redeemed at approx. $10.96 per share following the vote.
- Adjournment proposal not presented due to sufficient votes for the amendment.
- Redemptions reduce Trust Account cash available for future business combination.

## SEC filing metadata
- accession: 0001104659-23-110132
- form_type: 8-K
- ticker: TLGYF
- cik: 0001879814
- company_name: TLGY ACQUISITION CORP
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879814/000110465923110132/0001104659-23-110132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879814/000110465923110132/tm2328709d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-110132
- JSON: https://secwatch.observer/filing/0001104659-23-110132.json
- Plain text: https://secwatch.observer/filing/0001104659-23-110132.txt

## Key facts
- Governance Changes
  TLGY ACQUISITION CORP: Shareholders approved an amendment to the Amended and Restated Memorandum and Articles of Association to modify the monthly extension payment amount from the lesser of $0.04 per share and $200,000 to the lesser of $0.033 per share and $110,000, with unused amounts from a prior extension payment dedu (effective 2023-10-17).
  - Change: charter amendment
  - Effective: 2023-10-17
  source text: On October 17, 2023, shareholders of TLGY Acquisition Corporation (the “Company”) held an annual general meeting of shareholders (the “Annual General Meeting”), where the shareholders of the Company approved by special resolution an amendment (the “Charter Amendment”) to the Amended and Restated Memorandum and Articles of Association of the Company (the “Charter”) to modify the monthly amount that its Sponsor or its affiliates or designees must deposit into the Trust Account in order to extend the period of time to consummate a business combination by one month, up to seven times (starting from the first date on which such modified extension payment is made), if requested by the Sponsor and accepted by the Company, from the lesser of $0.04 per outstanding share and $200,000 to the lesser of (x) $0.033 per outstanding share and (y) $110,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879814/000110465923110132/0001104659-23-110132-index.htm
- Shareholder Votes
  TLGY ACQUISITION CORP shareholders approved approve by special resolution the Charter Amendment.
  - Proposal: charter amendment
  - Outcome: passed
  source text: Charter Amendment Proposal Votes For Votes Against Abstentions 11,410,175 385,786 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879814/000110465923110132/0001104659-23-110132-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
