Company: SMNR
Filing Date: 2025-07-02
Form Type: S-4/A
Source: 0001193125-25-154936
Chunk: 388

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-07-02
Form: S-4/A
Chunk 388
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) any sale, exchange, transfer or other disposition of 25% or more of the total assets of Semnur or any class or series of the share capital or capital stock or other equity interests of Semnur in a single transaction or series of related transactions that, if consummated, would result in any other person owning 25% or more of any class of equity or voting securities of Semnur; or (ii) with respect to Denali, any “Business Combination” as such term is defined in Denali’s organizational documents. Other Agreements of the Parties The Merger Agreement contains certain additional covenants of the parties, including covenants in connection with:

| • |     | providing the other party with reasonable access to its respective offices, properties and books and records; |

| • |     | notifying the other party of any occurrence of any fact or circumstance which constitutes or results, or would reasonably be expected to constitute or result, in a Material Adverse Effect with respect to such party; |

| • |     | notifying the other party of any action to which it is a party that, if adversely determined, could prevent or materially delay or impede such party’s ability to consummate the transactions contemplated by the Merger Agreement; |

| • |     | making all required filings under the HSR Act; |

| • |     | cooperating with respect to certain tax matters; |

| • |     | cooperating in the preparation of this proxy statement/prospectus; |

| • |     | the delivery by Semnur to Denali of financial statements and other financial information; |

| • |     | Denali taking certain actions so that amounts will be released from the Trust Account and so that the Trust Account will terminate thereafter, in each case, pursuant to the terms and subject to the terms and conditions of the Trust Agreement; |

| • |     | ensuring Denali remains listed as a public company on the applicable Stock Exchange and that the Denali Ordinary Shares and Warrants remain listed or quoted on the applicable Stock Exchange through the Closing and that Semnur use its reasonable best efforts to prepare and file an initial listing application with the applicable stock exchange in connection with the transactions contemplated by the Merger Agreement; |

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| • |     | Denali filing the New Semnur Certificate of Designations with the Secretary of State of Delaware following the consummation of the Domestication; |

| • |     | Denali adopting a resolution consistent with the interpretive guidance of the