Icahn School Of Medicine At Mount Sinai - Apr 24, 2024 Form 4 Insider Report for Renalytix plc (RNLX)

Role
10%+ Owner
Signature
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI By: /s/ Stephen Harvey, Name: Stephen Harvey, Chief Financial Officer
Stock symbol
RNLX
Transactions as of
Apr 24, 2024
Transactions value $
$2,340,094
Form type
4
Date filed
4/26/2024, 04:01 PM
Previous filing
Jul 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNLX Ordinary Shares Other $2.34M +9.36M +94.01% $0.25 19.3M Apr 24, 2024 Direct F1, F2, F3, F4
holding RNLX American Depositary Shares 2.33M Apr 24, 2024 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 24, 2024, Icahn School of Medicine at Mount Sinai ("ISMMS") acquired 9,360,374 Ordinary Shares of the Issuer in the second tranche (the "Second Tranche") of a private placement of the Issuer (the "Private Placement") pursuant to the Placing Agreement dated March 12, 2024 with Stifel Nicolaus Europe Limited ("Stifel"). The Issuer issued 19,986,031 Ordinary Shares in the first tranche of the Private Placement, which was closed on March 14, 2024, and 26,815,841 Ordinary Shares in the Second Tranche, which was closed on April 24, 2024 after the receipt of the requisite shareholder approval.
F2 ISMMS purchased the Ordinary Shares for approximately $2.3 million, which is equivalent to a price of 20 pence per Ordinary Share (or approximately $0.25 per share based on a conversion rate of 1 GBP to $1.2498 on April 23, 2024).
F3 The securities reported herein are held directly by ISMMS.
F4 As the sole member of The Mount Sinai Hospital ("MSH"), Mount Sinai Hospitals Group, Inc. ("MSHG") may be deemed to beneficially own the securities held by MSH. As the sole member of MSHG, Mount Sinai Health System, Inc. ("MSHS") may be deemed to beneficially own the securities beneficially owned by MSHG. As the sole member of ISMMS, MSHS may be deemed to beneficially own the securities held by ISMMS. Each of the reporting persons disclaims beneficial ownership of all such securities reported herein, except to the extent of its pecuniary interest, if any.
F5 Each American Depositary Share of the Issuer represents two Ordinary Shares of the Issuer.
F6 948,750 American Depositary Shares are held directly by MSH and 1,382,489 American Depositary Shares are held directly by ISMMS.