Company: SMNR
Filing Date: 2025-08-13
Form Type: 424B3
Source: 0001193125-25-179226
Chunk: 32

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-08-13
Form: 424B3
Chunk 32
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.00 per 
 ordinary share, with an outstanding amount of $115,037 as of March 31, 2025.                                                                                                                                                                        |

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| • |     | “Stock Exchange” means (i) prior to the OTC Markets Listing Date, Nasdaq, (ii) from and after                                                                                                                                              
 the earlier of the Nasdaq De-Listing Date and the OTC Markets Listing Date, the OTCQB or the Pink Open Market or (iii) such other national securities exchange or automated quotation system as agreed to in writing by Denali and Semnur. |

| • |     | “Trust Account” means the Trust Account of Denali that holds the proceeds from Denali’s 
 IPO and the private placement of the Denali Private Placement Units.                    |

| • |     | “Units” means collectively, the Public Units and the Denali Private Placement Units. |

| • |     | “US Tiger Securities” or “US Tiger” means US Tiger Securities, Inc. the 
 representative of the underwriters in the IPO.                          |

| • |     | “VStock” means VStock Transfer, LLC, Denali’s transfer agent. |

| • |     | “Warrants” mean the Denali Private Placement Warrants and the Public Warrants. |

| • |     | “Working Capital Loans” means (i) the Sponsor Convertible Promissory Note and 
 (ii) the Sponsor Extension Convertible Promissory Note.                       |

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CAUTIONARY NOTE REGARDING FORWARD-LOOKINGSTATEMENTS This proxy statement/prospectus contains forward-looking statements, including statements about the parties’ ability to close the Business Combination, the anticipated benefits of the Business Combination, and the financial condition, results of operations, earnings outlook and prospects of Denali and/or Semnur and may include statements for the period following the consummation of the Business Combination. Forward-looking statements appear in a number of places in this proxy statement/prospectus including, without limitation, in the sections titled “ Business of Semnur” and “ Management’s Discussion and Analysis of Financial Condition and Results of Operations of Semnur.” In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue