Denali Capital Acquisition Corp. Changes Certifying Accountant
Ticker: SMNRW · Form: 8-K · Filed: Jul 17, 2024 · CIK: 1913577
| Field | Detail |
|---|---|
| Company | Denali Capital Acquisition Corp. (SMNRW) |
| Form Type | 8-K |
| Filed Date | Jul 17, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, 8-k
Related Tickers: DECA
TL;DR
DECA changed its auditor on 7/15. Details TBD.
AI Summary
Denali Capital Acquisition Corp. filed an 8-K on July 17, 2024, reporting a change in its certifying accountant as of July 15, 2024. The filing does not disclose the name of the new accountant or the reason for the change, but it includes financial statements and exhibits.
Why It Matters
A change in a company's auditor can signal potential accounting concerns or a strategic shift, warranting investor attention.
Risk Assessment
Risk Level: medium — Changes in certifying accountants can sometimes precede or indicate underlying financial issues or disagreements.
Key Players & Entities
- Denali Capital Acquisition Corp. (company) — Registrant
- July 15, 2024 (date) — Date of earliest event reported
- July 17, 2024 (date) — Date of report
FAQ
Who is the new certifying accountant for Denali Capital Acquisition Corp.?
The filing does not explicitly name the new certifying accountant.
When did the change in certifying accountant become effective?
The change in certifying accountant was effective as of July 15, 2024.
What is the ticker symbol for Denali Capital Acquisition Corp.?
The ticker symbol is not explicitly stated in this excerpt, but the filing mentions 'DECA:UnitsEachConsistingOfOneClassOrdinaryShareAndOneRedeemableWarrantMember'.
What is the business address of Denali Capital Acquisition Corp.?
The business address is 437 Madison Avenue, 27th Floor, New York, NY 10022.
What type of company is Denali Capital Acquisition Corp. classified as by SIC code?
Denali Capital Acquisition Corp. is classified under SIC code 6770, which corresponds to 'BLANK CHECKS'.
Filing Stats: 953 words · 4 min read · ~3 pages · Grade level 16.1 · Accepted 2024-07-17 14:45:54
Key Financial Figures
- $0.0001 — LC Class A ordinary shares, par value $0.0001 per share DECA The Nasdaq Stock Mar
- $11.50 — ordinary share at an exercise price of $11.50 per share DECAW The Nasdaq Stock Ma
Filing Documents
- ea0209521-8k_denali.htm (8-K) — 35KB
- ea020952101ex16-1_denali.htm (EX-16.1) — 2KB
- 0001213900-24-062099.txt ( ) — 263KB
- deca-20240715.xsd (EX-101.SCH) — 4KB
- deca-20240715_def.xml (EX-101.DEF) — 27KB
- deca-20240715_lab.xml (EX-101.LAB) — 37KB
- deca-20240715_pre.xml (EX-101.PRE) — 25KB
- ea0209521-8k_denali_htm.xml (XML) — 7KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant. (a) Dismissal of Independent Registered Public Accounting Firm Denali Capital Acquisition Corp. (the "Company"), at the direction of the Board of Directors of the Company (the "Board"), and upon the recommendation of the Audit Committee of the Board, dismissed its independent registered public accountant Marcum LLP ("Marcum"), effective as of July 15, 2024. Marcum's report on the Company's consolidated financial statements for the fiscal years ended December 31, 2023 and 2022 did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope, or accounting principles, except that Marcum's report contained an explanatory paragraph expressing substantial doubt about the ability of the Company to continue as a going concern. During the fiscal years ended December 31, 2023 and 2022 and subsequent interim periods through the date of Marcum's dismissal, there were (i) no disagreements with Marcum on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, any of which, if not resolved to Marcum's satisfaction, would have caused it to make reference to the subject matter of any such disagreement in connection with its reports for such years and (ii) no "reportable events" requiring disclosure pursuant to paragraph (a)(1)(v) of Item 304 of Regulation S-K and the related instructions to Item 304 of Regulation S-K. In accordance with Item 304(a)(3) of Regulation S-K, the Company has provided Marcum a copy of the disclosures it is making in this Current Report on Form 8-K prior to filing with the Securities and Exchange Commission (the "SEC") and requested that Marcum furnish the Company with a letter addressed to the SEC stating whether or not Marcum agrees with the above statements. A copy of Marcum's letter, dated July 15, 2024, is filed as Exhibit 16.1 to this Current Report on Form 8-K. (b) Ap
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 16.1 Letter from Marcum LLP, dated July 15, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Denali Capital Acquisition Corp. By: /s/ Lei Huang Name: Lei Huang Title: Chief Executive Officer Date: July 17, 2024 2