TLGY ACQUISITION CORP 8-K

What Happened

• TLGY Acquisition Corporation (TLGY) filed an 8-K on April 22, 2026 reporting a Second Amendment to the Business Combination Agreement with StablecoinX Inc. and StablecoinX Assets Inc., effective April 21, 2026.
• The amendment extends the agreement’s “Outside Date” — the deadline to close the business combination — to July 21, 2026. The original Business Combination Agreement was signed July 21, 2025 and previously amended January 21, 2026.
• StablecoinX’s Form S-4 registration statement (including TLGY’s definitive proxy/prospectus) was declared effective February 17, 2026, and the definitive proxy/prospectus has been mailed to TLGY shareholders.

Key Details

• Parties: TLGY Acquisition Corporation, StablecoinX Inc., and StablecoinX Assets Inc.; related merger sub entities are parties to the original agreement.
• New Outside Date: extended to July 21, 2026 (Second BCA Amendment effective April 21, 2026).
• Regulatory filings: Form S-4 declared effective Feb 17, 2026; definitive proxy/prospectus distributed to shareholders.
• Filing: The Second Amendment is attached to the 8-K as Exhibit 2.1; full documents available on SEC.gov.

Why It Matters

• The extension gives TLGY and StablecoinX additional time to satisfy closing conditions and complete the proposed SPAC business combination that would make StablecoinX a publicly traded company.
• Investors should note material closing conditions described in the proxy/S-4 (including exchange listing requirements and shareholder redemptions). The filing reiterates forward-looking statements and a range of risks that could prevent or delay closing.
• Retail investors should review the definitive proxy/prospectus and related SEC filings (Form S-4 and the 8-K) for details on timing, risks, and how the transaction could affect holdings and any potential listing of StablecoinX shares.