Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALZN | Common Stock | Purchase | $4M | +2.67M | +38.1% | $1.50 | 9.67M | Apr 26, 2022 | By Digital Power Lending, LLC | F1, F2 |
holding | ALZN | Common Stock | 2.5M | Apr 26, 2022 | Direct | ||||||
holding | ALZN | Common Stock | 225K | Apr 26, 2022 | By Ault Alpha LP | F3 | |||||
holding | ALZN | Common Stock | 14.9M | Apr 26, 2022 | By Ault Life Sciences, Inc. | F4 | |||||
holding | ALZN | Common Stock | 10M | Apr 26, 2022 | By Ault Life Sciences Fund, LLC | F5 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALZN | Warrants | Other | $0 | +1.33M | $0.00 | 1.33M | Apr 26, 2022 | Common Stock | 1.33M | $3.00 | By Digital Power Lending, LLC | F1, F2, F6 | |
holding | ALZN | Warrants | 667K | Apr 26, 2022 | Common Stock | 667K | $3.00 | By Digital Power Lending, LLC | F2, F6 | |||||
holding | ALZN | Warrants | 1.33M | Apr 26, 2022 | Common Stock | 1.33M | $3.00 | By Digital Power Lending, LLC | F2, F6 | |||||
holding | ALZN | Warrants | 5M | Apr 26, 2022 | Common Stock | 5M | $3.00 | By Ault Life Sciences Fund, LLC | F5 | |||||
holding | ALZN | Warrants | 16.7K | Apr 26, 2022 | Common Stock | 16.7K | $3.00 | By BitNile Holdings, Inc. | F7 |
Id | Content |
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F1 | In connection with a securities purchase agreement dated March 9, 2021, the Issuer agreed to sell an aggregate of 6,666,667 shares of its common stock to Digital Power Lending, LLC, for an aggregate of Ten Million Dollars ($10,000,000) (the "Transaction"). In connection with the Transaction, on April 26, 2022, DPL received warrants to purchase 1,333,333 shares of common stock as additional consideration for purchase of 2,666,667 shares of common stock for $1.50 per share. |
F2 | Digital Power Lending, LLC ("DPL") is a wholly-owned subsidiary of BitNile Holdings, Inc. ("BH"). Mr. Ault, the Executive Chairman of BH, is deemed to have voting and investment power with respect to the securities held of record by DPL. |
F3 | Milton C. Ault, III, is the Manager of Ault Alpha GP LLC ("Ault GP") and Ault Capital Management LLC ("AC Management"). Ault GP and AC Management are the general partner and investment manager to Ault Alpha LP, respectively. As such, Mr. Ault is deemed to beneficially own the shares held by Ault Alpha LP. |
F4 | Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences, Inc. |
F5 | Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC. |
F6 | The warrant may be exercised by the Holder on any day on or after the date of issuance, subject to beneficial ownership blocker provisions contained therein. |
F7 | Mr. Ault serves as Executive Chairman of BH and is deemed to have voting and investment power with respect to the securities held of record by BH. |