secwatch.observer — SEC 8-K summary
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Issuer:     TLGY ACQUISITION CORP (TLGYF)
CIK:        0001879814
Form:       8-K
Filed at:   2025-04-21T23:59:59+00:00
Accession:  0001104659-25-036860
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.03, 5.07, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TLGY shareholders approve charter amendments, large redemptions; deadline extended to May 16
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- Shareholders approved extension deposit change (from $0.02/share or $60k to $0.05/share or $25k), removal of $5M net tangible asset restriction, and Class B conversion rights.
- Holders redeemed 3,227,320 shares at ~$12.12/share ($39.1M); trust balance now ~$5.9M; 5,834,587 Class A shares outstanding.
- Sponsors converted all Class B shares to Class A post-meeting; ~489,887 Class A shares remain subject to future redemptions.
- Company extended business combination deadline to May 16, 2025 with $24,494.35 deposit by Sponsors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879814/000110465925036860/0001104659-25-036860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879814/000110465925036860/tm2512558d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-036860

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