{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-079504","form_type":"8-K","ticker":"SMNR","cik":"0001913577","company_name":"Semnur Pharmaceuticals, Inc.","filed_at":"2025-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.577434+00:00","generated_at":"2026-05-17T10:40:03.073773+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Denali Capital enters $20M PIPE at $16/share and 12M share escrow for Semnur merger","bullets":["PIPE purchase of 1.25M shares at $16.00 each for $20M total from a single purchaser.","Shares sold exempt under Section 4(a)(2) and Rule 506(b); restricted securities.","Semnur to deposit 12M shares of New Semnur common stock into escrow within 20 business days post-closing.","Closing conditioned on business combination; termination date for PIPE is Dec 31, 2025.","Merger agreement (amended) with Denali Merger Sub Inc. and Semnur; S-4 effective Aug 12, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-079504","json":"https://secwatch.observer/filing/0001213900-25-079504.json","markdown":"https://secwatch.observer/filing/0001213900-25-079504.md","text":"https://secwatch.observer/filing/0001213900-25-079504.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1913577/000121390025079504/0001213900-25-079504-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1913577/000121390025079504/ea0254236-8k425_denali.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:40:03.073773+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}