Denali Capital Acquisition Corp (OQ:DECA)
Business Focus: Shell Companies
| Sector: Financials | Industry: Holding Companies |
| Company Contact | |
| Address: | 437 Madison Avenue, 27Th Floor NEW YORK NY 10022 |
| Tel: | N/A |
| Website: | N/A |
| IR: | N/A |
| Key People | ||
| Lei Huang Chief Executive Officer, Director | You Sun Chief Financial Officer | |
| Business Overview |
| Denali Capital Acquisition Corp. is a blank check company. The Company is formed 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. It has not selected any potential business combination target or initiated any substantive discussions, directly or indirectly, with any potential business combination prospects. The Company intends to identify a prospective target business will not be limited to a particular industry or geographic region. The Company intends to focus on identifying business within the technology, hospitality, or consumer services sector. The Company neither engaged in any operations nor generated any revenues. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Denali Capital Acquisition Corp revenues was not reported. Net income totaled $633K vs. loss of $419K. Net income reflects Income on trust account increase from $1.2M to $3.8M (income). Basic Earnings per Share excluding Extraordinary Items increased from -$0.04 to $0.06. |
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