On this page of Benford's Law Stocks.com we present our study of Denali Capital Acquisition Corp. — ticker symbol DECAU. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 4/1/2024 to 5/21/2024 for Denali Capital Acquisition Corp. under CIK number 0001913577. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for DECAU, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Denali Capital Acquisition Corp. based on the past DECAU filings our system processed in the past.
27.2
17.4
5.8
10.1
19.6
2.8
0.9
11.9
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 327
Recent share count: 7,980,000 (7's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
327
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 3 numbers to move any given column by a full percentage point.
10

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 3's percentage was below the typical coverage universe range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 7's percentage was below the typical coverage universe range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
DECAU
Low score compared to other filers, falling in the bottom quartile.
ANVS
SRM
INTZ
AAP
ETNB
RLBY
FHLT
NRIS
Check our work! We provide our Denali Capital Acquisition Corp. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the DECAU filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 89 numbers that start with the digit 1. Here they are:
1,013
18,021
18,878
1,013,200
1,125,000
11.30
11.12
1,000,000
1,921,748
1,009,102
10
18
1,009,102
1,009,102
1,009,102
1,687,177
11,430
170,700
170,700
1,013
150,000
11.50
10.00
10.00
1,650,000
150,000
150,000
100,000
10.92
10.20
100,000
100
10.20
10.20
10
1,800,000
10.00
10.00
10,100
1,515,795
1,650,000
1,013
1.5
10.00
170,700
1,013,200
186,800
1,200,000
100
1,125,000
1,800,000
150,000
1,009,102
150,000
1,921,748
195,210
1,464,950
150,000
195,210
10
18
10.00
11.50
10.00
11.50
110,000
1,932,500
12.00
130,000
1,005,964
1.5
10.00
157,500
1,000,000
170,700
1,013,200
186,800
1,200,000
1,650,000
1,000,000
11.50
115
16.50
165
16.50
100,000
10
10
18
We found 57 numbers that start with the digit 2. Here they are:
2,062,500
204,464
209,440
29,451
28,751
2,887,500
2,887,500
200,000,000
20,000,000
2,062,500
206
206
21,303
264,330
2,572,500
2,572,500
2,062,500
206
264,330
264,330
2,062,500
206
2,062,500
206
2,062,500
206
264,330
240,397
203,451
240,397
204,464
2,887,500
2
250,000
25,000
2,887,500
29,451
28,751
250,000
264,330
2,572,500
2,572,500
2,156,250
25,000
20,000
29,451
20
2,887,500
2,887,500
2,021,250
200,000,000
20,000,000
2,062,500
20
2236392
2572500
2.14
We found 19 numbers that start with the digit 3. Here they are:
3,803,105
3,749,581
368,252
3,271,562
3,271,305
374,151
30,000
3,712,171
3
375,000
30,000,000
3,712,171
3,843,271
344,345
30,000
375,000
35
30
375,000
4's 5's 6's
We found 33 numbers that start with the digit 4. Here they are:
4,976
4,537,829
4,537,829
40.5
4,537,829
4,440,202
4,440,202
412,500
412,500
450,000
400,000
400,000
400,000
412,500
430,000
4.86
450,000
400,000
400,000
4.80
4,537,829
40,536,908
4,537,829
4,537,829
456,798
459,540
456,798
4,537,829
412,500
430,000
4.86
4,537,829
4537829
We found 64 numbers that start with the digit 5. Here they are:
5,047,829
51,281,849
50,477,963
51,347,261
50,687,403
5,999,507
5,603,980
51,281,849
50,477,963
510,000
51
51
51,347,261
50,687,403
510,000
51
510,000
51
510,000
51
510,000
51
5,193,310
5,193,053
59,423
5,826
53,524
579,350
510,000
5,100,000
5,105,315
567,815
50
50
50,000
50
5,000,001
5,000,001
5
50
50
50,000
5,196,327
5,105,315
567,815
51,281,849
5,934,095
50,000
50
50,000,000
50
510,000
50,477,963
51,281,849
539,555
552,304
510,000
5,100,000
510,000
51,281,849
51,281,849
50,477,963
50,477,963
50
We found 9 numbers that start with the digit 6. Here they are:
64,399
65,412
653,885
653,885
625,000
653,885
653,885
653,885
60
7's 8's 9's
We found 3 numbers that start with the digit 7. Here they are:
750,000
750,000
7.74
We found 39 numbers that start with the digit 8. Here they are:
842,500
8,887,007
8,491,480
8,821,852
8,282,297
8,821,595
8,282,040
8,250,000
8,282,297
8,282,040
803,885
803,885
8,821,852
8,821,595
819,747
803,885
8,250,000
82,500,000
84,150,000
825,000
825,000
80
825,000
825,000
825,000
825,000
84,150,000
825,000
825,000
8,250,000
8,250,000
85,371,600
8,250,000
8,250,000
82,500,000
825,000
866,250
86,625
8250000
We found 14 numbers that start with the digit 9. Here they are:
975,000
912,646
912,646
912,646
912,646
9,873
912,646
93,750
912,646
912,646
93,750
93,750
9.20
9.20
While the above DECAU 10Q Filed 5/21/2024 is interesting in isolation, we have found that it is also useful to take a look at older Denali Capital Acquisition Corp. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/21/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical DECAU 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

27.2
17.4
5.8
10.1
19.6
2.8
0.9
11.9
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 10
XBRL?   [ original filing ]
Total numbers found: 327

= Typical DECAU range from 4/1/2024 to 5/21/2024
20.9
16.5
8.0
12.7
15.0
3.5
5.2
15.2
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 1
XBRL?   [ original filing ]
Total numbers found: 401

= Typical DECAU range from 4/1/2024 to 5/21/2024
 

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