Company: SMNR
Filing Date: 2025-08-13
Form Type: 424B3
Source: 0001193125-25-179226
Chunk: 382

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-08-13
Form: 424B3
Chunk 382
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 Agreement and not to take any action in furtherance of exercising any such rights. Additionally, under such support agreement, each Sponsor has agreed, during the period between August 30, 2024 and the earlier of
(a) the Effective Time and (b) such date and time as the Merger Agreement shall be terminated, not to act in concert with any person to, make, or in any manner participate in, directly or indirectly, a “solicitation” of
“proxies” or consents (as such terms are used in the proxy solicitation rules of the SEC) or powers of attorney or similar rights to vote, or seek to advise or influence any person with respect to the voting of, any securities of Denali
that such Sponsor is the beneficial owner (within the meaning of Rule 13d-3 under the Exchange Act) of in connection with any vote or other action with respect to a business combination transaction, other than
to recommend that shareholders of Denali vote in favor of (i) adoption of the Merger Agreement and approval of the transactions contemplated hereby or thereby (and any actions required in furtherance thereof), (ii) approval of each of the other
proposals set forth in the Registration Statement, and (iii) any actions required in furtherance thereof.

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Company Stockholder Support Agreement. Concurrently with the execution of the Merger
Agreement, Denali, Semnur and Scilex entered into a Company Stockholder Support Agreement dated August 30, 2024, pursuant to which Scilex agreed to, among other things: (i) appear at any meeting of Semnur’s stockholders related to
the transactions contemplated by the Merger Agreement, or otherwise cause its shares of Semnur Common Stock to be counted as present thereat for the purpose of establishing a quorum; (ii) vote (or execute and return an action by written
consent), or cause to be voted at any such meeting of Semnur’s stockholders (or validly execute and return and cause such consent to be granted with respect to), all of its shares of Semnur Common Stock in favor of the Merger Agreement and the
Business Combination; (iii) authorize and approve any amendment to Semnur’s certificate of incorporation or bylaws that is deemed necessary or advisable by Semnur for purposes of effecting the Business Combination; and (iv) vote (or
execute and return an action by written consent), or cause to be