X0206 3 2022-04-06 0 0001913577 Denali Capital Acquisition Corp. DECA 0001920399 Xu Jiandong C/O DENALI CAPITAL ACQUISITION CORP. 437 MADISON AVENUE, 27TH FLOOR NEW YORK NY 10022 true Class B Ordinary Shares Class A Ordinary Shares 2026250 I See footnote 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. Includes up to 281,250 Class B ordinary shares that will be surrendered to the Issuer for no consideration by Denali Capital Global Investments LLC (the "Sponsor") depending on the extent to which the underwriters' over-allotment option is exercised. These Class B ordinary shares are held directly by the Sponsor. The Reporting Person is the manager and controlling member of the Sponsor and, as such, may be deemed to beneficially own the ordinary shares held directly by the Sponsor. The Reporting Person disclaims any beneficial ownership of the ordinary shares held directly by the Sponsor, other than to the extent of any pecuniary interest he may have therein, directly or indirectly. /s/ Jiandong Xu 2022-04-06