Denali Capital Global Investments LLC - Apr 6, 2022 Form 3 Insider Report for Denali Capital Acquisition Corp. (DECA)

Role: 10%+ Owner
Signature: /s/ Jiandong Xu, Manager and Controlling Member of Denali Capital Global Investments LLC
Stock symbol: DECA
Transactions as of: Apr 6, 2022
Transactions value $: $0
Form type: 3
Date filed: 4/6/2022, 08:44 PM
Next filing: Apr 13, 2022

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							Apr 6, 2022	Class A Ordinary Shares	2.03M		Direct	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	Includes up to 281,250 Class B ordinary shares that will be surrendered to the Issuer for no consideration by the Sponsor depending on the extent to which the underwriters' over-allotment option is exercised.