NEW
YORK, Dec. 11, 2023 /PRNewswire/ -- Denali
Capital Acquisition Corp. (NASDAQ: DECA) (the "Company") announced
today that an aggregate of $50,000
has been deposited into the Company's trust account to further
extend the period of time the Company has to consummate its
business combination by an additional month from December 11, 2023 to January 11, 2024 in accordance with the amended
terms of the Company's amended and restated memorandum and articles
of association.
About the Company
Denali Capital Acquisition Corp. is a blank check company
incorporated as a Cayman Islands
exempted company for the purpose of effecting a merger, share
exchange, asset acquisition, share purchase, reorganization, or
similar business combination with one or more businesses or
entities.
Forward-Looking Statements
This press release includes forward looking statements that
involve risks and uncertainties. Forward-looking statements are
subject to numerous conditions, risks and changes in circumstances,
many of which are beyond the control of the Company, including
those set forth in the "Risk Factors" section of the Company's most
recent annual report on Form 10-K and quarterly reports on Form
10-Q filed with the Securities and Exchange Commission. The Company
expressly disclaims any obligations or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Company's
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based.
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SOURCE Denali Capital Acquisition Corp.
