Company: SMNR
Filing Date: 2025-06-11
Form Type: S-4/A
Source: 0001193125-25-139124
Chunk: 693

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-06-11
Form: S-4/A
Chunk 693
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 than sufficient to repay the whole of Denali’s issued share capital at the commencement of the winding up, the surplus shall be distributed amongst the members in proportion to the par value of the shares held by them at the commencement of the winding up subject to a deduction from those shares in respect of which there are monies due, of all monies payable to Denali for unpaid calls or otherwise. |     | The Current Semnur Charter and the Current Semnur Bylaws are silent on liquidation provisions.                                                                                                                                                                                                                                                                                                                                                                                                              |     | The Proposed Charter and the Proposed Bylaws are silent on liquidation provisions.                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| Inspection of Books and Records; Stockholder Lists                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Inspection: The directors of Denali shall determine whether and to what extent and at what times and places and under what conditions or regulations the accounts and books of Denali or any of them shall be open to the inspection of members not being directors and no member (not being a director) shall have any right of inspecting any account or book or document of Denali except as conferred by law or authorized by the directors of Denali or by Denali in general meeting.   Voting List: No similar provision.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |     | Inspection: Under Section 220 of the DGCL, any Semnur stockholder, in person or by attorney or other agent, has, upon written demand under oath stating the purpose thereof, the right during the usual hours for business to inspect for any proper purpose and to make copies and extracts from Semnur’s stock ledger, a list of its stockholders and its other books and records.   Voting List: Under the Current Semnur Bylaws, Semnur is required to prepare and make, at least ten days before every |     | Inspection: Under Section 220 of the DGCL, any New Semnur stockholder, in person or by attorney or other agent, has, upon written demand under oath stating the purpose thereof, the right during the usual hours for business to inspect for any proper purpose and to make copies and extracts from New Semnur’s stock ledger, a list of its stockholders and its other books and records.   Voting List: Under the Proposed Bylaws, New Semnur will be required to prepare and make available, for a period of 10 days |

437

#### Current Denali GovernanceCurrent Semn