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. (DECA) is a special purpose acquisition company (SPAC) focused on identifying merger opportunities across diverse sectors. This news hub provides investors with essential updates on business combinations, regulatory filings, and corporate developments central to DECA's mission of creating public market opportunities for private enterprises.
Access real-time announcements covering proposed mergers, shareholder communications, and strategic partnership disclosures. Our curated collection includes SEC filings, investor presentations, and management commentary – all vital for understanding DECA's position in the evolving SPAC landscape.
Key updates include:
Business combination progress: Track merger target evaluations and transaction timelines
Regulatory milestones: Stay informed about SEC filings and compliance updates
Corporate governance: Monitor leadership changes and committee decisions
Market positioning: Analyze strategic moves within the competitive SPAC sector
Bookmark this page for streamlined access to DECA's latest developments. Investors can efficiently track this SPAC's journey from capital formation through potential merger completion, with all critical updates organized chronologically for quick reference.
Denali Capital Acquisition Corp. (NASDAQ: DECA) has announced a one-month extension of its deadline to complete a business combination, moving from May 11, 2025, to June 11, 2025. The company has deposited $874.78 into its trust account to fund this extension through a convertible promissory note issued to Scilex Holding Company (NASDAQ: SCLX).
The note has a principal amount of up to $180,000, bears no interest, and is repayable upon either the completion of the initial business combination or company liquidation. Upon closing a business combination, Scilex can convert the note into DECA Class A ordinary shares at $10.00 per share. The remaining $57,795.52 of the note may fund future monthly extensions.
Denali Capital Acquisition Corp. (NASDAQ:DECA) shareholders have approved an extension to complete their initial business combination, moving the deadline from April 11, 2025, to December 11, 2025. The extension allows for up to eight monthly extensions.
The company deposited $874.78 ($0.02 per public share) into its trust account, funded through a convertible promissory note from Scilex Holding Company (SCLX). The note has a principal amount of up to $180,000, bears no interest, and is convertible into DECA Class A ordinary shares at $10.00 per share upon business combination completion.
Denali Capital Acquisition Corp. (NASDAQ: DECA) has announced the adjournment of its Extraordinary General Meeting of Shareholders from April 10, 2025, to Friday, April 11, 2025, at 10:00 a.m. Eastern Time. The meeting will be held at US Tiger Securities offices in New York.
The adjournment aims to provide shareholders of record additional time to review the proposals outlined in the company's definitive proxy statement filed on March 27, 2025. Only shareholders of record as of March 24, 2025, are eligible to vote. Previously submitted proxies will remain valid for the adjourned meeting unless properly revoked.
Denali Capital Acquisition Corp. (NASDAQ: DECA) has announced a one-month extension of its deadline to complete a business combination, moving from March 11, 2025, to April 11, 2025. To facilitate this extension, the company has deposited $15,063.74 into its trust account.
The deposit was funded through a convertible promissory note issued to Scilex Holding Company (NASDAQ: SCLX) with a maximum principal amount of $180,000. The note carries no interest and is convertible into DECA's Class A ordinary shares at $10.00 per share upon closing of a business combination. The remaining $59,545.08 of the note may be used for future monthly extensions if needed.
Denali Capital Acquisition Corp. (NASDAQ: DECA) has announced a one-month extension of its deadline to complete a business combination, extending from February 11, 2025, to March 11, 2025. To facilitate this extension, the company has deposited $15,063.74 into its trust account.
The deposit was funded through a convertible promissory note issued to Scilex Holding Company (NASDAQ: SCLX) with a maximum principal amount of $180,000. The note carries no interest and is convertible into DECA's Class A ordinary shares at $10.00 per share upon closing of a business combination. The remaining $74,608.82 of the note may be used for future monthly extensions if needed.
Denali Capital Acquisition Corp. (NASDAQ: DECA) has announced a one-month extension of its deadline to complete a business combination, moving from January 11, 2025, to February 11, 2025. To facilitate this extension, the company has deposited $15,063.74 into its trust account.
The deposit was funded through a convertible promissory note issued to Scilex Holding Company (NASDAQ: SCLX) with a maximum principal amount of $180,000. The note carries no interest and is convertible into DECA's Class A ordinary shares at $10.00 per share upon closing of a business combination. The remaining $89,672.56 of the note may be used for future monthly extensions if needed.
Denali Capital Acquisition Corp. (NASDAQ: DECA) has announced a one-month extension of its deadline to complete a business combination, extending from December 11, 2024, to January 11, 2025. The company has deposited $15,063.74 into its trust account to fund this extension. The deposit was financed through a convertible promissory note issued to Scilex Holding Company with a maximum principal amount of $180,000. The note is interest-free and convertible into DECA's Class A ordinary shares at $10.00 per share upon closing of a business combination. The remaining $104,708.30 of the note may be used for future monthly extensions if needed.
Denali Capital Acquisition Corp. (NASDAQ: DECA) has announced a one-month extension for completing its business combination, extending the deadline from November 11, 2024, to December 11, 2024. The company has deposited $15,063.74 into its trust account to fund this extension. The deposit was funded through a $180,000 convertible promissory note issued to Scilex Holding Company, with $119,772.04 remaining available for future extensions. The note is interest-free and convertible into DECA's Class A ordinary shares at $10.00 per share upon closing of a business combination.
Denali Capital Acquisition Corp. (NASDAQ: DECA) has announced a one-month extension of its deadline to complete a business combination, from September 11, 2024, to October 11, 2024. To fund this extension, the company has deposited $15,063.74 into its trust account. This deposit was financed through a convertible promissory note issued to Scilex Holding Company (NASDAQ: SCLX) with a principal amount of up to $180,000.
The note is interest-free and convertible into DECA's Class A ordinary shares at $10.00 per share upon closing a business combination. The remaining $149,899.52 of the note may be used for future one-month extensions if needed. This move provides DECA with additional time to finalize a potential business combination.
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