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Denali Capital Acquisition Corp. introduced at this time that it priced its preliminary public providing (“IPO”) of seven,500,000 items at a value of $10.00 per unit. The items have been authorised for itemizing on The (“NASDAQ”) and commerce beneath the image “DECAU” starting on April 7, 2022. Every unit issued within the IPO consists of 1 share of Class A bizarre share and one redeemable warrant, with every entire warrant exercisable to buy one entire share of Class A bizarre share at a value of $11.50 per share. After the securities comprising the items start separate buying and selling, Class A bizarre shares and warrants are anticipated to be listed on NASDAQ beneath the symbols “DECA” and “DECAW”, respectively. The providing is anticipated to shut on or about April 11, 2022, topic to customary closing circumstances.
The Firm has granted the underwriters a 45-day choice to buy as much as 1,125,000 further items on the IPO value to cowl over-allotments, if any.
US Tiger Securities, Inc. and EF Hutton, division of Benchmark Investments, LLC are performing because the joint book-running managers within the providing. Craig-Hallum Capital Group LLC is performing as certified unbiased underwriter.
A registration assertion relating to those securities has been filed with the Securities and Alternate Fee (“SEC”) and declared efficient on April 6, 2022. A ultimate prospectus referring to this Providing might be filed with the SEC. The providing is being made solely by way of a prospectus, copies of which can be obtained, when accessible, by contacting US Tiger Securities, Inc., 437 Madison Avenue, twenty seventh Flooring, New York, New York 10022; e mail: IB@ustigersecurities.com. Copies of the registration assertion may be accessed by way of the SEC’s web site at www.sec.gov.
This press launch shall not represent a proposal to promote or a solicitation of a proposal to purchase, nor shall there be any sale of those securities in any state or jurisdiction by which such supply, solicitation or sale can be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or jurisdiction.
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