other material
confidence high
sentiment neutral
materiality 0.55
Denali Capital Acquisition Corp. extends deadline to Nov 11, 2024 with $15,064 deposit
Semnur Pharmaceuticals, Inc.
- Deposited $15,063.74 into trust account to extend deadline one month from Oct 11 to Nov 11, 2024.
- Extension funded via convertible promissory note from Scilex Holding Company (SCLX) with up to $180,000 principal.
- Note bears no interest and is convertible into DECA Class A shares at $10.00/share upon business combination close.
- Remaining $134,835.78 note principal available for future one-month extensions if needed.