Company: SMNR
Filing Date: 2025-07-02
Form Type: S-4/A
Source: 0001193125-25-154936
Chunk: 71

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-07-02
Form: S-4/A
Chunk 71
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 create the appearance of, conflicts of interest when these directors and officers are faced with decisions that could have different implications for Scilex than the decisions have for us. Potential conflicts of interest may also arise if New Semnur enters into commercial arrangements with Scilex in the future. As a result of these actual or apparent conflicts, New Semnur may be precluded from pursuing certain growth initiatives. See the section titled “ Risk Factors — Risks Related to Semnur’s Relationship with Scilex — Certain of our directors and officers may have actual or potential conflicts of interest because of their positions with Scilex” for additional discussion. QUESTIONS AND ANSWERS ABOUT THE MEETING AND REDEMPTION RIGHTS

| Q: | When and where is the Meeting? |

| A: | The Meeting will be held on        , 2025 at        , Eastern Time, at the offices of US Tiger Securities, Inc. located at 437 Madison Avenue, 27th Floor, New York, New York 10022. |

| Q: | What is being voted on at the Meeting? |

| A: | Below are the Proposals that the Denali shareholders are being asked to vote on at the Meeting: |

| • |     | Proposal 1 — The Business Combination Proposal — to approve and adopt the Merger Agreement and the Business Combination. |

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| • |     | Proposal 2 — The Domestication Proposal — to approve the domestication of Denali as a Delaware corporation. |

| • |     | Proposal 3 — The Charter Approval Proposal — to approve and adopt the Proposed Charter attached to this proxy statement/prospectus as Annex B. |

| • |     | Proposal 4 — The Bylaws Approval Proposal — to approve and adopt the Proposed Bylaws attached to this proxy statement/prospectus as Annex C. |

| • |     | Proposals 5A-5G — The Advisory Governance Proposals — to approve and adopt, on a non-binding advisory basis, a proposal to approve governance provisions contained in the Proposed Charter, as compared to our Current Denali Charter. |

| • |     | Proposal 6 — The Director Election Proposal