TLGY Acquisition Corporation Announces Closing of Full Exercise of Underwriters' Over-Allotment Option in Connection with Its Initial Public Offering

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Dec 08, 2021

TLGY Acquisition Corporation (the “Company” or “TLGY”) today announced that the underwriters of its previously announced public offering of units have fully exercised their option to purchase an additional 3,000,000 units at the public offering price of $10.00 per unit, resulting in additional gross proceeds of $30 million. After giving effect to the full exercise of the over-allotment option, the total number of units sold by the Company in the public offering increased to 23,000,000 units and for aggregate gross proceeds of $230 million.