Company: SMNR
Filing Date: 2025-07-23
Form Type: S-4/A
Source: 0001193125-25-163401
Chunk: 632

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-07-23
Form: S-4/A
Chunk 632
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 proceeding involving any of Semnur’s or New Semnur’s directors or executive officers as to which indemnification is required or permitted, and Semnur and New Semnur are not aware of any threatened litigation or proceeding that may result in a claim for indemnification.

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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth information regarding (i) the beneficial ownership of Denali Class A Ordinary Shares and Denali Class B Ordinary Shares, as of June 30, 2025 and (ii) the expected beneficial ownership of New Semnur Common Stock immediately after the consummation of the Business Combination, assuming none of the outstanding public shares are redeemed (the “no redemptions” scenario), and alternatively, assuming all of the outstanding public shares are redeemed (the “maximum redemptions” scenario), by:

| • |     | each person or “group” (as such term is used in Section 13(d)(3) of the Exchange Act) known by Denali to be the beneficial owner of more than 5% of shares of Denali Class A Ordinary Shares pre-Business Combination; |

| • |     | each person or “group” known by Denali who is expected to be the beneficial owner of more than 5% of New Semnur Common Stock immediately post-Business Combination; |

| • |     | each of Denali’s current executive officers and directors, and all current executive officers and directors of Denali as a group, in each case pre-Business Combination; and |

| • |     | each person who will become an executive officer or director of New Semnur, and all persons who will become executive officers and directors of New Semnur as a group, in each case pre-Business Combination. |

Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if he, she or it possesses sole or shared voting or investment power over that security, including options and warrants that are currently exercisable or exercisable within 60 days. Unless otherwise indicated, Denali believes, based on information available to it, that all persons named in the table below have sole voting and investment power with respect to all Denali Ordinary Shares beneficially owned by them. The beneficial ownership of Denali Ordinary Shares pre-Business Combination is based on 2,616,239 Denali Ordinary Shares issued and outstanding as of June