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July 17 2024 - 2:45PM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 15, 2024
Denali Capital Acquisition Corp.
(Exact name of registrant as specified in its charter)
Cayman Islands |
|
001-41351 |
|
98-1659463 |
(State or other jurisdiction |
|
(Commission File Number) |
|
(IRS Employer |
of incorporation) |
|
|
|
Identification Number) |
437 Madison Avenue,
27th Floor, New York,
New York |
|
10022 |
(Address of principal executive offices) |
|
(Zip Code) |
(646) 978-5180
(Registrant’s telephone number, including
area code)
N/A
(Former name or former address, if changed since
last report.)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act.
Title of each class |
|
Trading Symbol |
|
Name of each exchange on which registered |
Units, each consisting of one Class A ordinary share and one redeemable warrant |
|
DECAU |
|
The Nasdaq Stock Market LLC |
Class A ordinary shares, par value $0.0001 per share |
|
DECA |
|
The Nasdaq Stock Market LLC |
Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share |
|
DECAW |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act
of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act.
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) Appointment of New Independent Registered Public Accounting Firm
At the direction of the Board, and upon the recommendation
of the Audit Committee, the Company appointed Marcum Asia CPAs LLP (“Marcum Asia”) as the Company’s new independent
registered public accounting firm for the fiscal year ending December 31, 2024, effective as of July 15, 2024. During the Company’s
two most recent fiscal years ended December 31, 2023 and 2022, and the subsequent interim periods through the date of Marcum Asia’s
engagement, neither the Company nor anyone on its behalf has consulted with Marcum Asia regarding (i) the application of accounting principles
to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial
statements, where either a written report or oral advice was provided to the Company that Marcum Asia concluded was an important factor
considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue, (ii) any matter that was
the subject of a disagreement within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation
S-K or (iii) any reportable event within the meaning of Item 304(a)(1)(v) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
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
Exhibit 16.1
July 15, 2024
Securities and Exchange Commission
100 F Street NE
Washington, D.C. 20549
Dear Commissioners:
We have read the statements made by Denali Capital
Acquisition Corp. under Item 4.01 Changes in Registrant’s Certifying Accountant section of its Form 8-K dated July 15, 2024. We
agree with the statements concerning our firm in such Form 8-K; we are not in a position to agree or disagree with other statements of
Denali Capital Acquisition Corp. contained therein.
Very truly yours,
/s/
Marcum LLP
Costa Mesa, CA
v3.24.2
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Entity File Number |
001-41351
|
Entity Registrant Name |
Denali Capital Acquisition Corp.
|
Entity Central Index Key |
0001913577
|
Entity Tax Identification Number |
98-1659463
|
Entity Incorporation, State or Country Code |
E9
|
Entity Address, Address Line One |
437 Madison Avenue
|
Entity Address, Address Line Two |
27th Floor
|
Entity Address, City or Town |
New York
|
Entity Address, State or Province |
NY
|
Entity Address, Postal Zip Code |
10022
|
City Area Code |
646
|
Local Phone Number |
978-5180
|
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Units, each consisting of one Class A ordinary share and one redeemable warrant |
|
Title of 12(b) Security |
Units, each consisting of one Class A ordinary share and one redeemable warrant
|
Trading Symbol |
DECAU
|
Security Exchange Name |
NASDAQ
|
Class A ordinary shares, par value $0.0001 per share |
|
Title of 12(b) Security |
Class A ordinary shares, par value $0.0001 per share
|
Trading Symbol |
DECA
|
Security Exchange Name |
NASDAQ
|
Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share |
|
Title of 12(b) Security |
Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share
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Trading Symbol |
DECAW
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Security Exchange Name |
NASDAQ
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