# TLGY Acquisition Corp

TLGY Acquisition Corp is an Asset Manager based in Menlo Park, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Menlo Park, United States
- **Region:** North America
- **Address:** Menlo Park, CA, United States
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** tlgyacquisition.com

## Regulatory record

- **Reports private funds:** No

## About

TLGY Acquisition Corp. is a Special Purpose Acquisition Company listed on the NASDAQ under the ticker symbol TLGYU. It was formed to facilitate a merger.

## Sectors

- Mobility & Transportation
- Industrial Tech
- Energy Transition & Renewables

## People

- Jin Duan — CEO & Director
- Calvin Choi — Chairman

## Questions

### What kind of companies did TLGY target for acquisition?

TLGY's mandate centered on global mobility and sustainable energy, including electrification and related industrial technology. It also included biopharma as a secondary focus. The management team concentrated on Asia-based middle-market companies with existing operations in China, Hong Kong, and Southeast Asia.

### Who ran investment decisions at TLGY?

Jin Duan led the firm as CEO, CFO, and Director. Calvin Choi served as Chairman of the Board. The sponsor entity, TLGY Sponsors LLC, held the founder shares and drove the target search during the SPAC's active period.

### Is TLGY still an active vehicle today?

No. After failing to secure a merger partner within its extended deadline, TLGY Acquisition Corp dissolved in December 2023. The trust account was liquidated and distributed to public shareholders, and the sponsor's founder shares were forfeited.

### How much capital did TLGY raise in its IPO?

The SPAC raised $230 million in its December 2021 initial public offering on the Nasdaq. This capital was placed in a trust account pending a business combination, which was required to be completed within a defined window — ultimately leading to liquidation when no deal was finalized.

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Last updated: 2026-06-03T20:00:00.000Z

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