other material
confidence high
sentiment neutral
materiality 0.55
Denali Capital Acquisition Corp. extends combination deadline to Jan 11, 2025; deposits $15,064
Semnur Pharmaceuticals, Inc.
- Deposited $15,063.74 into trust account to extend deadline from Dec 11, 2024 to Jan 11, 2025.
- Extension funded via convertible promissory note from Scilex Holding Company (Nasdaq: SCLX) for up to $180,000.
- Note bears no interest, repayable upon business combination or liquidation; convertible at $10.00/share into Class A ordinary shares.
- Remaining $104,708.30 principal available for future monthly extensions.