TLGY Acquisition receives Nasdaq delisting notice; to trade OTC starting Dec 9

TLGY ACQUISITION CORP

Nasdaq notified TLGY on Dec 2, 2024 that it failed to complete an initial business combination within 36 months, violating IM 5101-2.
Company will not request a hearing; trading on Nasdaq will be suspended at the open on Dec 9, 2024.
TLGY expects to commence trading on the OTC market shortly after the Nasdaq suspension.
The SPAC has not yet consummated a business combination since its IPO registration statement became effective.

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