Xu Jiandong 4
4 · Denali Capital Acquisition Corp. · Filed Apr 13, 2022
Insider Transaction Report
Form 4
Xu Jiandong
10% Owner
Transactions
- Purchase
Class A Ordinary Shares
2022-04-11$10.00/sh+510,000$5,100,000→ 510,000 total(indirect: See footnote)
Footnotes (2)
- [F1]Represents Class A Ordinary Shares underlying units (each unit having a price of $10.00 and consisting of one Class A Ordinary Share and one redeemable warrant, with each whole warrant entitling the holder to purchase one Class A Ordinary Share at a price of $11.50 per share) that were acquired by Denali Capital Global Investments LLC (the "Sponsor") in a private placement effected concurrently with the closing of the Issuer's initial public offering, based on the partial exercise of the underwriters' over-allotment option.
- [F2]These Class A Ordinary Shares underlying units are held directly by the Sponsor. The Reporting Person is the manager and controlling member of the Sponsor and, as such, may be deemed to beneficially own the ordinary shares underlying units held directly by the Sponsor. The Reporting Person disclaims any beneficial ownership of the ordinary shares underlying units held directly by the Sponsor, other than to the extent of any pecuniary interest he may have therein, directly or indirectly.