Huifeng Chang
Effective April 6, 2022, in connection with the IPO, Huifeng Chang, Jim Mao and Kevin D. Vassily were appointed directors of the Company.
Highest-materiality recent filing
Semnur signs binding term sheet for $100M strategic investment from iHolding Group at $10/share
iHolding to purchase $100M of newly issued common stock at $10/share (~10M shares).
Semnur terminates two material financing agreements totaling $120M in potential proceeds
Terminated PIPE SPA with JW Capital Securities Ltd for 1.25M shares at $16/share ($20M).
CEO Jaisim Shah retires; Henry Ji appointed CEO and President; Stephen Ma named COO
Jaisim Shah resigned as CEO, President, and director effective March 13, 2026; retirement not due to any disagreement.
Semnur completes de-SPAC merger with Denali; trades under SMNR on OTCQB
Business combination closed Sept 22, 2025; Legacy Semnur becomes wholly owned subsidiary of New Semnur.
Shareholders approve merger with Semnur Pharmaceuticals at September 3 meeting
All 9 proposals, including business combination with Semnur, approved by 94.08% quorum.
Denali Capital enters $20M PIPE at $16/share and 12M share escrow for Semnur merger
PIPE purchase of 1.25M shares at $16.00 each for $20M total from a single purchaser.
Denali Capital extends SPAC deadline to Sep 11, 2025 with $874.78 trust deposit
Deposited $874.78 into trust account to extend business combination deadline by one month.
Amendment No. 2 signed on July 22, 2025 modifies Exchange Ratio and Merger Consideration definitions.
Amendment allows Denali to extend business combination deadline to Dec 11, 2025, or later if mutually agreed.
Denali Capital shareholders approve extension to Dec 2025; ~708K shares redeemed for ~$8.6M
Shareholders voted to extend business combination deadline to December 11, 2025, via up to 8 monthly extensions.
Denali Capital receives Nasdaq delisting determination; must appeal by April 9 or face suspension
On April 2, 2025, Nasdaq staff determined Denali failed to meet MVLS, total assets, and public float rules.
Denali Capital Acquisition Corp. Extends Business Combination Deadline to March 11, 2025
Deposited $15,036.74 into trust account to extend deadline for completing a business combination by one month.
Denali Capital Acquisition receives Nasdaq deficiency notice for non-compliance with listing rules
Nasdaq notified Denali on Oct 2, 2024 of non-compliance with MVLS ($50M minimum) and Total Assets rules for Nasdaq Global Market.
Denali SPAC enters $2.5B stock merger with Semnur Pharmaceuticals
Equity value of $2.5B; consideration payable in Denali (New Semnur) common shares.
Denali Capital extends business combination deadline to Sep 11 via $180K Scilex note
Deposited $15,036.74 into trust to extend deadline to Sep 11, 2024 from Aug 11.
Denali Capital shareholders approve extension to Apr 2025; 3.8M shares redeemed for ~$43.4M
Shareholders approved extension of business combination deadline from July 11, 2024 to April 11, 2025 via monthly extensions.
Denali Capital SPAC signs LOI to combine with Semnur Pharma at up to $2B valuation
Pre-transaction equity value of Semnur up to $2.0B, subject to third-party fairness opinion adjustment.
Denali Capital terminates business combination with Longevity Biomedical; SPAC seeks new target
Merger agreement terminated effective June 26, 2024, by mutual agreement of Denali and Longevity Biomedical.
Denali Capital receives Nasdaq deficiency notice for MVLS below $50M; 180 days to comply
Nasdaq letter on Feb 22, 2024 cites MVLS below $50M for 30 consecutive days, violating Rule 5450(b)(2)(A).
Denali Capital shareholders approve merger with Longevity Biomedical; 4.44M shares redeemed
Shareholders approved all proposals: Business Combination, Merger, Share Capital, Organizational Documents, Governance, and Incentive Plan.
Denali Capital extension approved, ~$40.5M redeemed, up to $450k promissory note
Shareholders approved extension to July 11, 2024 with monthly $50k deposits; $50k deposited for first month.
Longevity Biomedical waives $30M minimum cash condition for Denali merger
Longevity irrevocably waived the $30M minimum cash condition in the merger agreement with Denali Capital Acquisition Corp.
FutureTech Capital commits to purchase 1.8M shares of Series A Convertible Preferred Stock at $10/share ($18M total).
Denali Capital Acquisition Corp. enters merger agreement with Longevity Biomedical
Denali entered into a merger agreement with Longevity Biomedical, Inc. on Jan 25, 2023, with a total enterprise value of $128 million.
Denali Capital SPAC to merge with Longevity Biomedical in deal valued at $128M, listing as LBIO
Merger consideration of $128M payable in shares of New PubCo common stock at $10.00 per share.
Denali Capital Acquisition Corp replaces auditor; prior audit flagged going concern
Dismissed Friedman LLP on Oct 14, 2022; appointed Marcum LLP effective immediately.
Denali Capital Acquisition Corp. prices $75M IPO, upsized to $82.5M including over-allotment
IPO of 7,500,000 units at $10.00/unit, plus over-allotment of 750,000 units, for total 8,250,000 units.
Effective April 6, 2022, in connection with the IPO, Huifeng Chang, Jim Mao and Kevin D. Vassily were appointed directors of the Company.
Effective April 6, 2022, in connection with the IPO, Huifeng Chang, Jim Mao and Kevin D. Vassily were appointed directors of the Company.
Effective April 6, 2022, in connection with the IPO, Huifeng Chang, Jim Mao and Kevin D. Vassily were appointed directors of the Company.
Max materiality 0.90 · Median 0.60 · Most common event other_material