Company: SMNR
Filing Date: 2025-07-02
Form Type: S-4/A
Source: 0001193125-25-154936
Chunk: 120

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-07-02
Form: S-4/A
Chunk 120
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 Denali in directing and managing Denali’s activities include managing the business of Denali, authorizing the payment of dividends, appointing officers as they consider necessary, and establishing committees, local boards or agencies or appointing any person to be a manager or agent for managing the affairs of Denali. The material roles and responsibilities of the officers of Denali include identifying potential target businesses and performing due diligence on suitable business combinations. Denali’s sponsor is Denali Capital Global Investments LLC, a Cayman Islands limited liability company formed by Jiandong (Peter) Xu. The Sponsor was responsible for organizing, directing and managing the business and affairs of Denali from its incorporation, through the consummation of the IPO and until Closing. The Sponsor’s activities included identifying and negotiating terms with the Denali Underwriters, other third-party service providers such as Denali’s auditors and legal counsel, fairness opinion providers and Denali’s directors and officers, and searching for and negotiating with potential business combination targets. The Sponsor also provides working capital and advances funds used for transaction expenses to Denali from time to time. Other than its investment in Denali and its work on behalf of Denali, the Sponsor is not engaged in any other business. Denali’s chief executive officer and director, Lei Huang, is also the chief executive officer of US Tiger Securities, a representative to the underwriters to the IPO, and Denali may utilize Mr. Huang’s affiliation with US Tiger Securities during its search for suitable targets. Denali may also engage US Tiger Securities to act as its advisor in connection with the marketing of its business combination and pay US Tiger Securities a fee for such services upon consummation of our initial business combination.

56

Experience of the directors and officers of Denali, the Sponsor and US Tiger Securities US Tiger Securities and Mr. Huang, the chief executive officer and director of Denali and the chief executive officer of US Tiger Securities, are affiliated or associated with TradeUP INC., a founder of five special purpose acquisition companies, which are summarized in the following table.

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| SPAC Name                                 |     | IPO Date and Gross            
 Proceeds                      |     | Business Combination                                                                                                                                                                                                
 Target and Closing                                                                                                                                                                                                  
 Date                                                                                                                                                                                                                |     | Current Trading 
       Price (1) |     | Role of US Tiger                                                                                                                                                                                                                                                         
 Securities and                                                                                                                                                                                                                                                           
 Mr. Huang                                                                                                                                                                                                                                                                |
| TradeUP Acquisition Corp. (Nasdaq: UPTD)  |     | July 14, 2021.