Lei Huang - 06 Apr 2022 Form 3 Insider Report for Denali Capital Acquisition Corp. (DNQAF)

Role
Chief Executive Officer, Director
Signature
/s/ Lei Huang
Issuer symbol
DNQAF
Transactions as of
06 Apr 2022
Net transactions value
$0
Form type
3
Filing time
06 Apr 2022, 20:16:05 UTC
Previous filing
08 Nov 2021
Next filing
12 Jan 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding DECA Class B Ordinary Shares 06 Apr 2022 Class A Ordinary Shares 50,000 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 US Tiger Securities, Inc. ("US Tiger") is the record holder of these ordinary shares. Lei Huang is the chief executive officer of US Tiger and, as such, may be deemed to beneficially own the ordinary shares held directly by US Tiger. Lei Huang disclaims any beneficial ownership of the ordinary shares held directly by US Tiger, other than to the extent of any pecuniary interest he may have therein, directly or indirectly.