DECAU Extends Business Combination Deadline to Sept. 11 with Trust Deposit
Rhea-AI Filing Summary
Denali Capital Acquisition Corp. reported that it deposited $874.78 into its Trust Account to extend the period to consummate a business combination by one month, moving the deadline from August 11, 2025 to September 11, 2025. The disclosure appears under Item 8.01 The filing lists the registrant's registered securities (Units: DNQUF; Class A shares: DNQAF; Warrants: DNQWF) and is signed by Chief Executive Officer Lei Huang. The deposit is presented as the action taken to extend the SPAC's contractual combination deadline by one month.
Positive
- Business combination deadline extended by one month from August 11, 2025 to September 11, 2025
- $874.78 deposited into the Trust Account to effect the contractual extension
Negative
- None.
Insights
TL;DR: A <$1k trust deposit extends the SPAC's combination deadline by one month; the filing discloses the amount and new deadline.
The Form 8-K reports a specific cash deposit of $874.78 into the Trust Account to extend the period to complete a business combination from August 11, 2025 to September 11, 2025. This filing identifies the procedural step taken to obtain a one-month extension and lists the registrant's securities and an Inline XBRL exhibit. The disclosed facts are limited to the deposit amount, the extension length, and the signatory.
TL;DR: The company formally documented a trust deposit and one-month extension; the 8-K names the CEO as signatory and includes Exhibit 104.
The report under Item 8.01 documents that Denali Capital deposited $874.78 into its Trust Account to extend its SPAC combination deadline by one month to September 11, 2025. The filing also lists the registered securities (DNQUF, DNQAF, DNQWF) and includes the Inline XBRL cover page as an exhibit. The submission is signed by Lei Huang as Chief Executive Officer. The disclosure is limited to these procedural details.