Milton C. Ault III - 05 May 2022 Form 4 Insider Report for Alzamend Neuro, Inc. (ALZN)

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III
Issuer symbol
ALZN
Transactions as of
05 May 2022
Net transactions value
+$106,850
Form type
4
Filing time
06 May 2022, 17:00:23 UTC
Previous filing
28 Apr 2022
Next filing
13 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALZN Common Stock Purchase $106,850 +100,000 +44% $1.07 325,000 05 May 2022 By Ault Alpha LP F1
holding ALZN Common Stock 2,500,000 05 May 2022 Direct
holding ALZN Common Stock 14,942,984 05 May 2022 By Ault Life Sciences, Inc. F2
holding ALZN Common Stock 10,000,000 05 May 2022 By Ault Life Sciences Fund, LLC F3
holding ALZN Common Stock 9,666,667 05 May 2022 By Digital Power Lending, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences, Inc.
F3 Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC.
F4 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.