| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ALZN | Common Stock | Purchase | $10,000,000 | +2,000,000 | +65% | $5.00* | 5,094,555 | 15 Jun 2021 | By Digital Power Lending, LLC | F1 |
| transaction | ALZN | Common Stock | Conversion of derivative security | $0 | +15,000,000 | $0.000000 | 15,000,000 | 17 Jun 2021 | By Ault Life Sciences, Inc. | F2 | |
| holding | ALZN | Common Stock | 10,000,000 | 15 Jun 2021 | By Ault Life Sciences Fund, LLC | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ALZN | Series A Convertible Preferred Stock | Conversion of derivative security | -750,000 | -100% | 0 | 17 Jun 2021 | Common Stock | 15,000,000 | By Ault Life Sciences, Inc. | F2 |
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | The 15,000,000 shares of Common Stock were issued to Ault Life Sciences, Inc. ("ALS") upon the conversion of the 750,000 shares of the Issuer's Series A Convertible Preferred Stock (the "Series A Preferred Stock") owned by ALS, which conversion occurred automatically upon the closing of the Issuer's initial public offering without payment of further consideration. Mr. Ault has sole voting and investment power with respect to the shares of Series A Preferred Stock held of record by ALS. |
| F3 | Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC. |