Company: SMNR
Filing Date: 2025-03-20
Form Type: PRE 14A
Source: 0001213900-25-025610
Chunk: 33

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-03-20
Form: PRE 14A
Chunk 33
---
 one -monthperiod will be approximately $[ ] per share. If 15% of the public shares remain outstanding after redemptions in connection with the Extension Amendment, then the amount deposited per share for such one -monthperiod will be approximately $[ ] per share.

| % of Redemptions 
 at Extension     |     | Shares Redeemed 
 at Extension    |     | Shares Remaining 
 at Extension     |     | Extension Contribution 
 per Share per Month    |        |
|:-----------------|:----|:----------------|:----|:-----------------|:----|:-----------------------|:-------|
| 25%              |     | [    ]          |     | [    ]           |     | $                      | [    ] |
| 40%              |     | [    ]          |     | [    ]           |     | $                      | [    ] |
| 50%              |     | [    ]          |     | [    ]           |     | $                      | [    ] |
| 60%              |     | [    ]          |     | [    ]           |     | $                      | [    ] |
| 75%              |     | [    ]          |     | [    ]           |     | $                      | [    ] |
| 85%              |     | [    ]          |     | [    ]           |     | $                      | [    ] |

If we determine prior to the time of the extraordinary general meeting that it is not appropriate to submit the Extension Amendment Proposal to the extraordinary general meeting, then the extraordinary general meeting may be adjourned indefinitely, in which case we will liquidate and dissolve in accordance with the amended and restated memorandum and articles of association of the Company if we do not complete an initial business combination by the Termination Date. Redemption Rights If the Extension Amendment Proposal is approved, each public shareholder may seek to redeem its public shares at a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to the Company to pay its taxes, divided by the number of then outstanding public shares. Holders of public shares who do not elect to redeem their public shares in connection with the extension will retain the right to redeem their public shares in connection with any shareholder vote to approve a proposed initial business combination, or if the Company has not consummated an initial business