---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-078314"
form_type: "8-K"
ticker: "TLGYF"
cik: "0001879814"
company_name: "TLGY ACQUISITION CORP"
filed_at: "2024-07-08T23:59:59+00:00"
generated_at: "2026-05-31T23:10:47.189992+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# TLGY Acquisition borrows up to $1M in unsecured promissory notes from sponsors

## Summary
- Two lenders commit up to $545,000 and $455,000 respectively; notes non-interest bearing.
- Principal due earlier of 15 months post-IPO or initial business combination closing.
- Upon business combination, lenders may convert unpaid principal into working capital warrants at $1.00 per warrant.
- Proceeds used for operation costs and proposed business combination expenses.
- Warrants identical to IPO private placement warrants and carry registration rights.

## SEC filing metadata
- accession: 0001104659-24-078314
- form_type: 8-K
- ticker: TLGYF
- cik: 0001879814
- company_name: TLGY ACQUISITION CORP
- filed_at: 2024-07-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879814/000110465924078314/0001104659-24-078314-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879814/000110465924078314/tm2418977d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-078314
- JSON: https://secwatch.observer/filing/0001104659-24-078314.json
- Plain text: https://secwatch.observer/filing/0001104659-24-078314.txt

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