Company: SMNR
Filing Date: 2025-07-02
Form Type: S-4/A
Source: 0001193125-25-154936
Chunk: 700

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-07-02
Form: S-4/A
Chunk 700
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 applicable, and the stockholder shall also update and supplement such information as required under Section 9(a)(2) of the Proposed Bylaws. The number of nominees a stockholder may nominate for election at an annual meeting or special meeting shall not exceed the number of |

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| Current Denali Governance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |     | Current Semnur Governance                                                                                                                                                                                                                                                                                                                                             |     | Proposed Governance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |     |                                                                                                                                                                                                                                                                                                                                                                       |     | directors to be elected at such meeting.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Stockholder Proposals (Other than Nominations of Persons for Election of Directors)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |     |                                                                                                                                                                                                                                                                                                                                                                       |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Shareholders seeking to bring business before the annual general meeting must deliver notice to the principal executive offices of Denali not less than 120 calendar days before the date of the proxy statement released to shareholders in connection with the previous year’s annual general meeting or, if no annual general meeting was held in the previous year, or if the date of the current year’s annual general meeting has been changed by more than 30 days from the date of the previous year’s annual general meeting, then the deadline for such notice shall be set by the Denali Board, being a reasonable time before Denali begins to print and send its related proxy materials. |     | The Current Semnur Charter and the Current Semnur Bylaws are silent on requirements regarding stockholder proposals for matters other than nominations of persons for election of directors.                                                                                                                                                                          |     | Under the Proposed Bylaws and other than with respect to matters brought properly under and in compliance with Rule 14(a)-8 of the Exchange Act, for a stockholder to properly bring a matter (other than a nomination of a director or directors) before an annual or special meeting, the stockholder must deliver timely written notice to the Secretary at the principal executive offices of New Semnur pursuant to each of the requirements set forth in Section 9(a)(2), Section 9(a)(3), and Section 9(b) therein. |
| Limitation of Liability of Directors and Officers                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |     |                                                                                                                                                                                                                                                                                                                                                                       |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Under the Current Denali Charter, no Indemnified Person (as defined below) shall be liable to Denali for any loss or damage incurred by Denali as a result (whether direct or