Company: SMNR
Filing Date: 2025-08-13
Form Type: 424B3
Source: 0001193125-25-179226
Chunk: 673

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-08-13
Form: 424B3
Chunk 673
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 or if a corporation or other non–natural person by its duly authorized representative or proxy shall        
 be a quorum.                                                                                                                                                                                                                            |     | The Current Semnur Bylaws provide that, except as otherwise provided by law, the Current Semnur Charter or such bylaws, at each meeting of stockholders the presence in person or by proxy of the holders of shares of stock having a                    
 majority of the votes which could be cast by the holders of all outstanding shares of stock entitled to vote at the meeting shall be necessary and sufficient to constitute a quorum. Where a separate vote by a class or series or classes or series is 
 required, a majority of the outstanding shares of such class or series or classes or                                                                                                                                                                     |     | The Proposed Bylaws will provide that, except as otherwise provided by applicable law or the Proposed Charter, a quorum for the transaction of business at any meeting of stockholders shall consist of the holders of record of a                        
 majority of the voting power of the issued and outstanding shares of the capital stock of New Semnur entitled to vote at a meeting of stockholders, present in person, or by remote communication, if applicable, or represented by proxy; provided that, 
 when specified business is to be voted on by a class or series of                                                                                                                                                                                         |

431

| Current Denali Governance                                                                                                                                                                                                         |     | Current Semnur Governance                                                                                                                                                                                                                        |     | Proposed Governance                                                                                                                                                                                                                                       |
|                                                                                                                                                                                                                                   |     | series, present in person or represented by proxy, shall constitute a quorum entitled to take action with respect to that vote on that matter.                                                                                                   |     | stock voting as a class, the holders of a majority of the shares of such class or series shall constitute a quorum of such class or series for the transaction of such business.                                                                          |
| Stockholder Action by Written Consent                                                                                                                                                                                             |     |                                                                                                                                                                                                                                                  |     |                                                                                                                                                                                                                                                           |
| The Current Denali Charter permits the shareholders to approve resolutions by way of unanimous written resolution.                                                                                                                |     | Under the Current Semnur Bylaws, unless otherwise provided in the Current Semnur Charter, any action required by the DGCL to be taken at any annual or special meeting of stockholders of a corporation, or any action which may be              
 taken at any annual or special meeting of such stockholders, may be taken without a meeting, without prior notice, and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by