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Denali Capital Acquisition Corp. - DECA STOCK NEWS

Welcome to our dedicated page for Denali Capital Acquisition news (Ticker: DECA), a resource for investors and traders seeking the latest updates and insights on Denali Capital Acquisition stock.

Denali Capital Acquisition Corp. (Nasdaq: DECA) is a blank check company, formed as a Cayman Islands exempted company. Its primary goal is to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. As a Special Purpose Acquisition Company (SPAC), Denali Capital Acquisition Corp. seeks to identify and partner with companies to help them become publicly traded entities.

Recently, Denali Capital Acquisition Corp. announced a change in the schedule of its extraordinary general meeting (the 'Shareholder Meeting'). Initially planned for January 4, 2024, the meeting has been postponed to January 9, 2024. The venue remains unchanged - the offices of US Tiger Securities, Inc. on Madison Avenue, New York, and it will also be accessible virtually via live webcast. This postponement also extends the deadline for shareholders to submit redemption requests to January 5, 2024.

Denali Capital Acquisition Corp. continues to solicit proxies from its shareholders to ensure participation in the Shareholder Meeting. The meeting aims to discuss and vote on various proposals crucial for the company's strategic direction. Shareholders of record as of December 14, 2023, are entitled to vote.

The company's directors and certain executive officers are actively involved in the solicitation of proxies for the Shareholder Meeting. Detailed information about the participants and their interests is available in the definitive proxy statement filed with the SEC on December 15, 2023. Investors and security holders are encouraged to read the proxy statement carefully, as it contains significant information regarding the meeting and the proposals to be voted on.

For further details and to access the definitive proxy statement and other relevant documents, investors can visit the SEC's website or contact the company's proxy solicitor, Advantage Proxy, Inc.

Rhea-AI Summary
Denali Capital Acquisition Corp. (DECA) has deposited $50,000 into its trust account to extend the period for its business combination by a month, from April 11 to May 11, 2024, as per the amended terms of its memorandum and articles of association.
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Rhea-AI Summary
Denali Capital Acquisition Corp. (DECA) extends business combination timeline with a $50,000 deposit.
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Rhea-AI Summary
Denali Capital Acquisition Corp. (DECA) has deposited $50,000 into its trust account to extend the period for its business combination by a month, aligning with amended terms.
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Rhea-AI Summary
Denali Capital Acquisition Corp. (NASDAQ: DECA) has extended the period to consummate its business combination by depositing $50,000 into the Company's trust account, pushing the deadline to February 11, 2024, in line with the amended terms of the Company's memorandum and articles of association.
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Denali Capital Acquisition Corp. (Nasdaq: DECA) postpones its extraordinary general meeting to January 9, 2024, allowing shareholders to attend virtually and extending the deadline for redemption requests.
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Rhea-AI Summary
Denali Capital Acquisition Corp. (NASDAQ: DECA) has extended the period to consummate its business combination by depositing $50,000 into the trust account, pushing the deadline to January 11, 2024.
Rhea-AI Impact
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Rhea-AI Summary
Denali Capital Acquisition Corp. (NASDAQ: DECA) extends business combination timeline with $50,000 deposit
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0.09%
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Rhea-AI Summary
Denali Capital Acquisition Corp. extends deadline for initial business combination
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FAQ

What is the current stock price of Denali Capital Acquisition (DECA)?

The current stock price of Denali Capital Acquisition (DECA) is $11.88 as of December 20, 2024.

What is the market cap of Denali Capital Acquisition (DECA)?

The market cap of Denali Capital Acquisition (DECA) is approximately 39.5M.

What is Denali Capital Acquisition Corp.?

Denali Capital Acquisition Corp. is a blank check company formed to effect mergers, capital stock exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses.

Where is Denali Capital Acquisition Corp. incorporated?

Denali Capital Acquisition Corp. is incorporated as an exempted company in the Cayman Islands.

What is the purpose of the upcoming Shareholder Meeting?

The Shareholder Meeting is held to discuss and vote on various proposals important to Denali Capital Acquisition Corp.'s strategic direction.

When and where is the Shareholder Meeting scheduled?

The Shareholder Meeting is scheduled for January 9, 2024, at the offices of US Tiger Securities, Inc. on Madison Avenue, New York, and will also be accessible virtually via live webcast.

How can shareholders participate in the Shareholder Meeting?

Shareholders can participate in person at the designated location or online via a live webcast. They can vote their shares and submit questions during the meeting.

Who is eligible to vote at the Shareholder Meeting?

Only holders of record of Class A ordinary shares and Class B ordinary shares as of December 14, 2023, are eligible to vote at the Shareholder Meeting.

What should shareholders do if they have questions or need assistance?

Shareholders can contact the company's proxy solicitor, Advantage Proxy, Inc., for any questions or assistance related to the Shareholder Meeting.

Where can investors find the definitive proxy statement?

Investors can access the definitive proxy statement and other related documents on the SEC's website or request copies from Advantage Proxy, Inc.

What is the new deadline for shareholders to submit redemption requests?

The new deadline for shareholders to submit redemption requests is January 5, 2024, by 5:00 PM Eastern Time.

Who is participating in the proxy solicitation for the Shareholder Meeting?

The company's directors, certain executive officers, and other management members are involved in the proxy solicitation for the Shareholder Meeting.

Denali Capital Acquisition Corp.

Nasdaq:DECA

DECA Rankings

DECA Stock Data

39.49M
751.84k
33.92%
141.65%
0.2%
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