{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-065921","form_type":"8-K","ticker":"TLGYF","cik":"0001879814","company_name":"TLGY ACQUISITION CORP","filed_at":"2025-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.497098+00:00","generated_at":"2026-05-18T05:18:23.894209+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"TLGY Acquisition Corp. merges with StableCoinX Assets in $363M PIPE-backed deal","bullets":["PIPE of ~$363M (~$262M cash, ~$101M in ENA tokens including $60M from Ethena Foundation).","Post-merger, Pubco to provide infrastructure & staking for Ethena Protocol; locked ENA tokens for 48 months.","Ethena contributes $60M ENA tokens at 30% discount, receiving majority voting power of Pubco Class B common.","Net cash PIPE proceeds (~$259.5M) to buy locked ENA tokens; custody with Anchorage Digital until close.","No termination fee; TLGY bears costs for Registration Statement and Nasdaq listing."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-065921","json":"https://secwatch.observer/filing/0001213900-25-065921.json","markdown":"https://secwatch.observer/filing/0001213900-25-065921.md","text":"https://secwatch.observer/filing/0001213900-25-065921.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879814/000121390025065921/0001213900-25-065921-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879814/000121390025065921/ea0249618-8k425_tlgyacq.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T05:18:23.894209+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}