TLGY Acquisition Corporation Announces Closing of Upsized $200 million Initial Public Offering

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Dec 03, 2021

TLGY Acquisition Corporation (the “Company” or “TLGY”) announced today that it closed its initial public offering of 20,000,000 units priced at $10.00 per unit, resulting in gross proceeds of $200,000,000. The units are listed on the NASDAQ Global Market and trade under the ticker symbol “TLGYU". Each unit consists of one Class A ordinary share and one-half of one redeemable warrant and a contingent right to receive at least one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Company expects that the Class A ordinary shares and warrants will be listed on the NASDAQ Global Market under the symbols "TLGY" and “TLGYW”, respectively.