PureTech Health plc - 02 Jul 2024 Form 4 Insider Report for Akili, Inc.

Role
10%+ Owner
Signature
PureTech Health LLC, By: /s/ Bharatt Chowrira, Chief Executive Officer
Issuer symbol
N/A
Transactions as of
02 Jul 2024
Net transactions value
$0
Form type
4
Filing time
08 Jul 2024, 19:42:32 UTC
Previous filing
21 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AKLI Common Stock Disposition pursuant to a tender of shares in a change of control transaction -12,527,477 -100% 0 02 Jul 2024 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

PureTech Health plc is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Reflects disposition of shares of common stock (each, a "Share") of the Issuer at a price per Share of $0.4340 (the "Offer Price") pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 29, 2024, by and among the Issuer, Virtual Therapeutics Corporation, a Delaware corporation ("Parent"), and Alpha Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Purchaser"). Purchaser completed a tender offer for shares of common stock of the Issuer and thereafter merged with and into the Issuer, effective as of July 2, 2024 (the "Effective Time"), with the Issuer surviving the merger. As of the Effective Time, each Share held by the Reporting Person was converted into the Offer Price.
F2 PureTech Health LLC is the record holder of all of the securities reported in this Form 4. PureTech Health plc is the sole member of PureTech Health LLC, and has the power to direct the voting and disposition of securities held by PureTech Health LLC.