Welcome to our dedicated page for Denali Cap Acqsn news (Ticker: DECAU), a resource for investors and traders seeking the latest updates and insights on Denali Cap Acqsn stock.
Denali Capital Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
The company recently announced the postponement of the extraordinary general meeting to January 9, 2024. Shareholders can now attend the meeting in person or virtually. The company aims to solicit proxies from shareholders, and only holders of record as of December 14, 2023, are entitled to vote.
Denali Capital Acquisition Corp is focused on facilitating business combinations and mergers in the market, aiming to create value and growth opportunities for its shareholders.
Denali Capital Acquisition Corp. (NASDAQ: DECA) announced its intention to deposit $825,000 into its trust account, extending the deadline for its initial business combination from April 11, 2023 to July 11, 2023. This extension allows Denali to potentially secure a merger or acquisition by providing additional time to identify and finalize a suitable business combination. Under existing regulations, Denali can extend this deadline by up to two additional three-month periods, provided that more funds are deposited each time.
The press release also notes that forward-looking statements are subject to risks and uncertainties that may affect the company’s ability to fulfill its business goals.
Denali Capital Acquisition Corp. (NASDAQ: DECA) announced on April 6, 2023, its decision to deposit $825,000 into its trust account to extend the deadline for completing its initial business combination by three months, moving the date from April 11, 2023, to July 11, 2023.
This extension allows the Company additional time to identify a suitable merger, share exchange, or other business combination opportunities. Denali is authorized to extend the deadline up to two times, provided that they deposit further funds into the trust account.
Denali Capital Acquisition Corp. (NASDAQ: DECA) has priced its initial public offering (IPO) of 7,500,000 units at $10.00 each, expected to trade under the symbol 'DECAU' from April 7, 2022. Each unit consists of one Class A ordinary share and one redeemable warrant, exercisable at $11.50 per share. The offering, which is expected to close on or around April 11, 2022, includes a 45-day option for underwriters to buy an additional 1,125,000 units. Denali Capital aims to focus its business combination efforts on the technology, hospitality, and consumer services sectors.
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