other material
confidence high
sentiment neutral
materiality 0.60
Denali Capital Acquisition Corp. Extends Business Combination Deadline to March 11, 2025
Semnur Pharmaceuticals, Inc.
- Deposited $15,036.74 into trust account to extend deadline for completing a business combination by one month.
- Extension moves deadline from February 11, 2025 to March 11, 2025.
- Funding from a convertible promissory note issued to Scilex Holding Company (SCLX) with a principal amount of up to $180,000.
- Note is non-interest bearing, repayable upon business combination or liquidation, and convertible into Class A ordinary shares at $10.00 per share at Scilex's option.