Denali Capital Acquisition Corp. - Class A Ordinary Shares (DECA)

Alliance Global Partners has initiated coverage on Scilex Holding Company. The company explores strategic options for its subsidiary, Scilex Pharma, including potential spinoffs and dividend distributions, while anticipating significant sales from its pain treatment candidate, SEMDEXA.

Semnur Pharmaceuticals, a subsidiary of Scilex, plans a business combination with Denali Capital Acquisition Corp. Semnur's lead product, SP-102 (SEMDEXA), a novel non-opioid pain therapy for sciatica, has shown promising Phase 3 trial results.

It's time to dive into the biggest pre-market stock movers as we check out all of the hottest news on Monday morning!

Pre-market stock movers are a hot topic on Thursday and we have all the hottest news behind these movements this morning!

Shares of JetBlue Airways Corporation (NASDAQ: JBLU) fell sharply during Tuesday’s session.

Gainers Freightos Limited (NASDAQ: CRGO) shares rose 69.2% to $17.75 in pre-market trading. Freightos listed on the Nasdaq following merger with special purpose acquisition company, Gesher I Acquisition Corp.