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The latest announcement is out from Denali Capital Acquisition Corp Class A ( (DNQAF) ).
On June 11, 2025, Denali Capital Acquisition Corp. announced it had deposited $874.78 into its Trust Account to extend its deadline for completing a business combination from June 11, 2025, to July 11, 2025. This extension was funded through a convertible promissory note with Scilex Holding Company, allowing for future extensions if necessary, and reflects the company’s ongoing efforts to secure a suitable business combination.
More about Denali Capital Acquisition Corp Class A
Denali Capital Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company, primarily focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses or entities.
Average Trading Volume: 1,124
Technical Sentiment Signal: Hold
Current Market Cap: $30.19M
See more insights into DNQAF stock on TipRanks’ Stock Analysis page.