Company: SMNR
Filing Date: 2025-06-11
Form Type: S-4/A
Source: 0001193125-25-139124
Chunk: 447

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-06-11
Form: S-4/A
Chunk 447
---
 | $           |    (365,878 | ) |     | $           |    (365,878 | ) |     | $           |    (365,878 | ) |
| Weighted average shares outstanding — New Semnur, basic and diluted |     |              | 211,626,025 |   |     |             | 211,615,090 |   |     |             | 211,604,155 |   |     |             | 211,593,220 |   |     |             | 211,582,286 |   |
| Net loss per share — New Semnur, basic and diluted                  |     | $            |       (1.73 | ) |     | $           |       (1.73 | ) |     | $           |       (1.73 | ) |     | $           |       (1.73 | ) |     | $           |       (1.73 | ) |

272

<div align='center'>**TRADING MARKET AND DIVIDENDS**</div>

**Denali

Ticker Symbol and Market Price

The Public Units, Denali Class A Ordinary Shares and Public Warrants are each listed on the OTC Markets under the symbols “DNQUF,” “DNQAF,” and “DNQWF,” respectively.

The closing prices of the Public Units, Denali Class A Ordinary Shares and Public Warrants on August 29, 2024, the last trading day before announcement of the execution of the Merger Agreement, were $11.53, $11.48 and $0.0674, respectively. As of , 2025, the Record Date for the Meeting, the closing prices for each Public Unit, Denali Class A Ordinary Share and Public Warrant were $ , $ and $ , respectively.

Holders

As of , 2025, the Record Date for the Meeting, there was holder of record of the Public Units, holders of record of the Denali Class A Ordinary Shares and holders of record of the Public Warrants. The number of holders of record does not include a substantially greater number of “street name” holders or beneficial holders whose Public Units, Denali Class A Ordinary Shares and Public Warrants are held of record by banks, brokers and other financial institutions.

Dividend Policy

Denali has not paid any cash dividends on Denali Ordinary Shares to date and does not intend to pay cash dividends prior to the completion of the Business Combination. The payment of