---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-047788"
form_type: "8-K"
ticker: "TLGYF"
cik: "0001879814"
company_name: "TLGY ACQUISITION CORP"
filed_at: "2024-04-16T23:59:59+00:00"
generated_at: "2026-06-03T22:24:50.293662+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SPAC TLGY shareholders approve charter amendment to cut monthly extension payment; 2.2M shares redeemed

## Summary
- Amendment reduces monthly deposit from lesser of $0.033/share or $110k to lesser of $0.02/share or $60k.
- 2,205,658 ordinary shares tendered for redemption at ~$11.33 per share.
- Vote results: 9,596,790 for, 845,214 against, 26 abstentions.
- Approval allows up to 12 monthly extensions starting from first modified payment.

## SEC filing metadata
- accession: 0001104659-24-047788
- form_type: 8-K
- ticker: TLGYF
- cik: 0001879814
- company_name: TLGY ACQUISITION CORP
- filed_at: 2024-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879814/000110465924047788/0001104659-24-047788-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879814/000110465924047788/tm2411664d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-047788
- JSON: https://secwatch.observer/filing/0001104659-24-047788.json
- Plain text: https://secwatch.observer/filing/0001104659-24-047788.txt

## Key facts
- Governance Changes
  TLGY ACQUISITION CORP: Amendment to reduce monthly extension payment from the lesser of $0.033 or $110,000 to the lesser of $0.02 or $60,000 (effective 2024-04-16).
  - Change: charter amendment
  - Effective: 2024-04-16
  source text: 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 twelve 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 $0.033 per outstanding share and $110,000 to the lesser of (x) $0.02 per outstanding share and (y) $60,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879814/000110465924047788/0001104659-24-047788-index.htm
- Shareholder Votes
  TLGY ACQUISITION CORP shareholders approved Approve by special resolution the Charter Amendment.
  - Proposal: charter amendment
  - Outcome: passed
  source text: At the Company’s Extraordinary General Meeting, the following proposal was considered and acted upon by the shareholders of the Company: a proposal to approve by special resolution the Charter Amendment (the “Charter Amendment Proposal”). The number of votes cast for or against, as well as the number of abstentions as to each proposal, are set forth below. Charter Amendment Proposal Votes For Votes Against Abstentions 9,596,790 845,214 26
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879814/000110465924047788/0001104659-24-047788-index.htm

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