Milton C. Ault III - Jun 15, 2022 Form 4 Insider Report for Alzamend Neuro, Inc. (ALZN)

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III
Stock symbol
ALZN
Transactions as of
Jun 15, 2022
Transactions value $
$8,740
Form type
4
Date filed
6/16/2022, 06:39 PM
Previous filing
Jun 15, 2022
Next filing
Jun 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALZN Common Stock Purchase $8.74K +10K +0.1% $0.87 9.9M Jun 15, 2022 By Digital Power Lending, LLC F1, F2
holding ALZN Common Stock 2.5M Jun 15, 2022 Direct
holding ALZN Common Stock 15M Jun 15, 2022 By Ault Life Sciences, Inc. F3
holding ALZN Common Stock 10M Jun 15, 2022 By Ault Life Sciences Fund, LLC F4
holding ALZN Common Stock 325K Jun 15, 2022 By Ault Alpha LP F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock was purchased by the reporting person in open market transactions on the transaction date, with a volume weighted average purchase price of $0.8740. The range of purchase prices on the transaction date was $0.8576 to $0.875 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price
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 Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences, Inc.
F4 Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC.
F5 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.