Company: SMNR
Filing Date: 2025-07-23
Form Type: S-4/A
Source: 0001193125-25-163401
Chunk: 433

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-07-23
Form: S-4/A
Chunk 433
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, underwriters, or insurance companies; |

| • |     | traders in securities who elect to apply a mark–to–market method of accounting; |

| • |     | real estate investment trusts and regulated investment companies; |

| • |     | tax–exempt organizations, qualified retirement plans, individual retirement accounts, or other tax-deferred accounts; |

| • |     | expatriates or former long–term residents of the United States; |

| • |     | subchapter S corporations, partnerships or other pass–through entities or investors in such entities; |

| • |     | dealers or traders in securities, commodities or currencies; |

| • |     | grantor trusts; |

| • |     | persons subject to the alternative minimum tax; |

| • |     | U.S. persons whose “functional currency” is not the U.S. dollar; |

| • |     | persons who received Denali Ordinary Shares or will receive New Semnur Common Stock through the issuance of restricted stock under an equity incentive plan or through a tax–qualified retirement plan or otherwise as compensation; |

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| • |     | persons who own (directly or through attribution) 5% or more (by vote or value) of the outstanding Denali Ordinary Shares or, after the Business Combination, New Semnur Common Stock; |

| • |     | holders holding Denali securities or, after the Business Combination, Domesticated Denali securities as a position in a “straddle,” as part of a “synthetic security” or “hedge,” as part of a “conversion transaction,” or other integrated investment or risk reduction transaction; |

| • |     | controlled foreign corporations, passive foreign investment companies, or foreign corporations with respect to which there are one or more United States shareholders within the meaning of Treasury Regulation Section 1.367(b)–3(b)(1)(ii); or |

| • |     | the Sponsors or their affiliates. |

As used in this proxy statement/prospectus, the term “U.S. Holder” means a beneficial owner of Denali securities and, after the Business Combination, Domesticated Denali securities that is, for U.S. federal income tax purposes:

| • |     | an individual who is a citizen or resident of the United States; |

| • |     | a corporation (or other entity that is classified as a corporation for U.S. federal income tax purposes) that is created or organized in or under the laws of