Denali Capital Global Investments LLC 4
4 · Denali Capital Acquisition Corp. · Filed May 24, 2022
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Class B Ordinary Shares
2022-05-21−93,750→ 1,932,500 total→ Class A Ordinary Shares (93,750 underlying)
Footnotes (2)
- [F1]The Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination on a one-for-one basis, subject to adjustment, and have no expiration date.
- [F2]As described in the Reporting Person's Form 3 filed April 6, 2022, an aggregate of 281,250 Class B ordinary shares were subject to forfeiture to the Issuer for no consideration by the Reporting Person, depending on the extent to which the underwriters' over-allotment option is exercised. The underwriters only partially exercised their over-allotment option, resulting in the Reporting Person forfeiting 93,750 Class B ordinary shares.