Company: SMNR
Filing Date: 2025-04-21
Form Type: S-4/A
Source: 0001193125-25-087342
Chunk: 96

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-04-21
Form: S-4/A
Chunk 96
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 it involved a known risk. |

| • |     | Semnur shall have received a certificate signed by an authorized officer of Denali and Merger Sub certifying the satisfaction of the conditions described in the preceding three bullet points. |

| • |     | From the date hereof until the Closing, the Denali and Merger Sub shall have been in material compliance with the reporting requirements under the Securities Act and the Exchange Act applicable to Denali and Merger Sub, respectively. |

| • |     | Each of Denali and Merger Sub shall have executed and delivered to Semnur each ancillary agreement to be executed in connection with the Business Combination to which it is a party. |

| • |     | The directors designated by Semnur shall have been appointed to the Semnur Board, effective at the Effective Time. |

| • |     | New Semnur Common Stock and New Semnur Warrants shall remain listed or quoted on the applicable Stock Exchange through the Effective Time, and the initial listing application for the New Semnur Common Stock and the New Semnur Warrants following the Effective Time shall have been approved by Nasdaq or other applicable Stock Exchange, and as of the Closing Date, Denali shall not have received any written notice from the applicable Stock Exchange that it has failed, or would reasonably be expected to fail to meet such Stock Exchange’s continued listing requirements as of immediately following the Closing for any reason, where such notice has not been subsequently withdrawn by such Stock Exchange or the underlying failure appropriately remedied or satisfied. |

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| • |     | The Domestication shall have been completed as provided in the Merger Agreement and a time-stamped copy of the certificate issued by the Secretary of State of the State of Delaware in relation thereto shall have been delivered to Semnur. |

| • |     | The New Semnur Certificate of Designations shall have been filed with, and accepted by, the Secretary of State of Delaware. |

| • |     | The pre-signing certificate of merger to eliminate legacy subsidiaries of Denali shall have become effective in accordance with its terms and the DGCL. |

Termination; Effectiveness The Merger Agreement may be terminated and the transactions contemplated thereby abandoned:

| • |     | by the mutual written consent of Semnur and Denali; |

| • |     | by Semnur, if any of the representations or warranties of Denali or Merger Sub set forth in the Merger Agreement shall not be true