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Denali Capital Acquisition Corp (OQ:DECA)

Business Focus: Shell Companies

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEC Form 4 filings for DECA*US within the last 6 months
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Company News

Feb 09, 2024 15:30 ET
Denali Capital Acquisition Corp. Announces Extension of Deadline to Complete Business Combination
NEW YORK, Feb. 9, 2024 /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 February 11, 2024 to March 11, 2024 in accordance with the amended terms of the Company's amended and restated memorandum and articles of association.
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Jan 11, 2024 15:30 ET
Denali Capital Acquisition Corp. Announces Extension of Deadline to Complete Business Combination
NEW YORK, Jan. 11, 2024 /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 January 11, 2024 to February 11, 2024 in accordance with the amended terms of the Company's amended and restated memorandum and articles of association.
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Valuation Ratios

Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
--
2.84
3.62
Price to Book - most recent quarter
1.06
2.30
1.33
Price to Cash Flow per share - TTM
--
20.82
12.24
Price to Free Cash Flow per share - TTM
--
14.96
15.65
See all valuations

Business Summary

Sector:  Financials Industry:  Holding Companies

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.

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