other material
confidence high
sentiment neutral
materiality 0.10
Denali Capital Acquisition Corp. announces separate trading of Class A shares and warrants starting May 31, 2022
Semnur Pharmaceuticals, Inc.
- Units from IPO of 8,250,000 units may be separated into Class A ordinary shares and warrants effective May 31, 2022.
- Each unit consists of one Class A ordinary share and one redeemable warrant to purchase one Class A share at $11.50.
- Separated shares trade under DECA and warrants under DECAW; units remain under DECAU on Nasdaq.
- No fractional warrants will be issued; holders must contact transfer agent VStock Transfer to separate units.
- Joint book-runners were US Tiger Securities, Inc. and EF Hutton; Craig-Hallum acted as qualified independent underwriter.