TLGY Acquisition Corporation announced on June 19, 2024, the Company received a notice from Jin-Goon Kim, who served as the Chief Executive Officer of the Company, of his decision to resign as the CEO, effectively immediately. On June 20, 2024, in connection with the Closing of the Securities Transfer Transaction, Vikas Desai was appointed as the CEO and a director of the Company. Vikas Desai, age 33, has served as a member of the board of directors and the Chief Executive Officer of Achari Ventures Holdings Corp.

I (?Achari Ventures SPAC?), a special purpose acquisition company, since January 2021. In early 2018, he founded Achari Ventures (formerly known as Welcan Capital), a venture capital firm focused on the cannabis industry. Achari Ventures invests in early-stage plant touching and ancillary businesses and currently has a portfolio of 28 companies within the platform.

Since 2018, Mr. Desai has been employed by Achari Ventures, which includes the Welcan Strategic Opportunities Fund LP and Achari Ventures Fund I LP. From June 2015 to 2017, Mr. Desai was a private equity investor at Oaktree Capital Management, a $100 billion alternative asset manager, where he completed over $2 billion in transactions. Mr. Desai began his career at Morgan Stanley in the Investment Banking division from July 2013 to June 2015, focusing on real estate mergers and acquisitions and capital markets, where he completed approximately 15 deals representing approximately $15 billion in transaction value.

He graduated with a Bachelor of Science in Finance & Environmental Studies from the Stern School of Business at New York University.