Semnur Terminates Two Share Purchase Agreements

Semnur Pharmaceuticals, Inc. announced the termination of two material definitive agreements on April 20, 2026. The company terminated the PIPE Securities Purchase Agreement with JW Capital Securities Limited, which involved the purchase of 1,250,000 shares at $16.00 per share. Additionally, Semnur terminated the Securities Purchase Agreement with Biconomy PTE. Ltd, under which Biconomy was to purchase 6,250,000 shares at $16.00 per share, payable in Bitcoin. No securities were issued under either agreement prior to their termination, indicating a failure to complete these anticipated capital raises.