Filing Details
- Accession Number:
- 0001214659-21-008130
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-03 19:45:43
- Reporting Period:
- 2021-07-30
- Accepted Time:
- 2021-08-03 19:45:43
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1677077 | Alzamend Neuro Inc. | ALZN | () | DE |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1212502 | Iii C Milton Ault | 3802 Spectrum Boulevard, Suite 112C Tampa FL 33612 | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2021-07-30 | 5,000 | $4.57 | 5,346,555 | No | 4 | P | Indirect | By Digital Power Lending, LLC |
| Common Stock | Acquisiton | 2021-07-30 | 1,333,333 | $1.50 | 6,679,888 | No | 4 | P | Indirect | By Digital Power Lending, LLC |
| Common Stock | Acquisiton | 2021-08-02 | 1,500 | $4.56 | 6,681,388 | No | 4 | P | Indirect | By Digital Power Lending, LLC |
| Common Stock | Acquisiton | 2021-08-03 | 500 | $4.35 | 6,681,888 | No | 4 | P | Indirect | By Digital Power Lending, LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | By Digital Power Lending, LLC |
| No | 4 | P | Indirect | By Digital Power Lending, LLC |
| No | 4 | P | Indirect | By Digital Power Lending, LLC |
| No | 4 | P | Indirect | By Digital Power Lending, LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Common Stock Purchase Warrants | Acquisiton | 2021-07-30 | 666,667 | $0.00 | 666,667 | $1.50 |
| Common Stock | Call Option (right to buy) | Acquisiton | 2021-07-30 | 500 | $10.51 | 50,000 | $10.00 |
| Common Stock | Call Option (right to buy) | Acquisiton | 2021-07-30 | 20 | $155.51 | 2,000 | $5.00 |
| Common Stock | Call Option (right to buy) | Acquisiton | 2021-07-30 | 10 | $80.51 | 1,000 | $10.00 |
| Common Stock | Call Option (right to buy) | Acquisiton | 2021-07-30 | 10 | $95.51 | 1,000 | $7.50 |
| Common Stock | Call Option (right to buy) | Acquisiton | 2021-08-03 | 10 | $70.51 | 1,000 | $10.00 |
| Common Stock | Call Option (right to buy) | Acquisiton | 2021-08-03 | 10 | $228.51 | 1,000 | $2.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 666,667 | 2026-07-29 | No | 4 | P | Indirect | |
| 500 | 2021-08-20 | No | 4 | P | Indirect | |
| 50 | 2022-02-18 | No | 4 | P | Indirect | |
| 30 | 2022-02-18 | No | 4 | P | Indirect | |
| 30 | 2022-02-18 | No | 4 | P | Indirect | |
| 40 | 2022-02-18 | No | 4 | P | Indirect | |
| 10 | 2022-02-18 | No | 4 | P | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 15,000,000 | Indirect | By Ault Life Sciences, Inc. |
| Common Stock | 10,000,000 | Indirect | By Ault Life Sciences Fund, LLC |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Common Stock Purchase Warrants | $1.50 | 2026-03-08 | 1,333,333 | 1,333,333 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2026-03-08 | 1,333,333 | 1,333,333 | Indirect |
Footnotes
- The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $4.5687. The range of purchase prices on the transaction date was $4.45 to $4.71 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
- Digital Power Lending, LLC ("DPL") is a wholly-owned subsidiary of Ault Global Holdings, Inc. ("AGH"). Mr. Ault, the Executive Chairman of AGH, is deemed to have voting and investment power with respect to the securities held of record by DPL.
- DPL purchased 1,333,333 shares of the Issuer's common stock and warrants to purchase 666,667 shares of the Issuer's common stock with an exercise price of $3.00 per share, pursuant to a securities purchase agreement dated March 9, 2021, entered into by and between DPL and the Issuer.
- The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $4.5633. The range of purchase prices on the transaction date was $4.50 to $4.595 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
- Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences, Inc.
- Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC.
- These warrants are exercisable, however, they are not deemed to be beneficially owned since they contain a beneficial ownership blocker provision preventing exercise if the exercise would result in the holder beneficially owning in excess of 4.99% of the Issuer's common stock.
- The security listed is an exchange-traded option contract. Exchange-traded options are immediately exercisable and remain exercisable until expiration.
Billionaire Hedge Funds
