Company: SMNR
Filing Date: 2025-08-08
Form Type: S-4/A
Source: 0001193125-25-177097
Chunk: 36

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-08-08
Form: S-4/A
Chunk 36
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” means the Business Combination Proposal, the Charter Approval Proposal, the Bylaws Approval Proposal, the Director Election Proposal, the Nasdaq Proposal and the Option Exchange Proposal. |

| • |     | “Consultant Shares” means an aggregate of 30,500,000 shares of New Semnur Common Stock to be issued upon the closing of the Business Combination to certain consultants and other service providers in respect of certain fees payable by Semnur and its affiliates based on the Exchange Ratio (as defined below) pursuant to the terms of the Merger Agreement in exchange for an aggregate of 24,400,000 shares of Semnur Common Stock held by such consultants and other service providers prior to the closing of the Business Combination, comprised of (i) 3,200,000 shares held by Wise Orient Investments Limited, (ii) 3,200,000 shares held by 450W42ND MIMA, LLC, (iii) 8,000,000 shares of Semnur Common Stock held by JW Investment Management Company Limited, and (iv) 10,000,000 shares of Semnur Common Stock held by a law firm as a retainer for services, in each case such shares of Semnur Common Stock issued pursuant to the respective Consulting Services Agreements. |

| • |     | “Current Denali Charter” means Denali’s Amended and Restated Memorandum and Articles of Association, as in effect as of the date hereof. |

| • |     | “Current Semnur Bylaws” means the Bylaws of Semnur Pharmaceuticals, Inc., as in effect as of the date hereof. |

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| • |     | “Current Semnur Charter” means the Amended and Restated Certificate of Incorporation of Semnur Pharmaceuticals, Inc., as amended, and as in effect as of the date hereof. |

| • |     | “Denali Board” means the board of directors of Denali. |

| • |     | “Denali Class A Ordinary Shares” means Denali’s Class A ordinary shares, par value $0.0001 per share. |

| • |     | “Denali Class B Ordinary Shares” means Denali’s Class B ordinary shares, par value $0.0001 per share. |

| • |     | “Denali Ordinary Shares” means the Denali Class A Ordinary Shares, par value $0.0001 per share, and the Denali Class B Ordinary Shares, par value