Let me preface by saying I do not have a Denali. I have a 22 SLT that I installed an AT4 lift onto. I placed 1/2” pucks on the front essentially giving me 2.5” of lift in the front and 2” of lift in the rear. I also installed Rough Country UCAs. onto the truck do to the fear of factory UCA catastrophic failure. Along with the lift I used hub and wheel centric billet 1/2” spacers……. Wheel studs are from an early 2000s super duty….. yes they fit. Front replacements are Dorman 610-530 M14-1.50 Serrated Wheel Stud - 15.90mm Knurl, 78mm Length, Rear replacements are Dorman 610-490 M14-1.5 Serrated Wheel Stud - 15.7mm Knurl, 69.75mm Length. These front and rear replacement wheel studs are just under 5/8” longer than stock studs. This allows you to have the same thread engagement with the lug nuts as stock. As well as the lift and wheel spacers I had to trim the front fender well.
Here is the write up I used for trimming.
https://wheelsasap.com/gmc-at4-oversized-tire-trimming-guide/
My tires are 275/65R20 Nitto Recon Grappler. Overall diameter is 34.09” and Overall width is 10.98”.
My tires are 3/10 of an inch shorter and 3/10 of an inch narrower than what you are looking at doing. I had to do all of the above to fit my tire without rubbing. The stock 20” SLT wheels and the Denali Ultimate 22” wheels have the same backspacing and offsets.