Milton C. Ault III - Mar 16, 2023 Form 4 Insider Report for Alzamend Neuro, Inc. (ALZN)

Role
10%+ Owner
Signature
/s/ Milton C. Ault, III
Stock symbol
ALZN
Transactions as of
Mar 16, 2023
Transactions value $
$4,155
Form type
4
Date filed
3/20/2023, 04:30 PM
Previous filing
Feb 17, 2023
Next filing
Apr 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALZN Common Stock Purchase $2.01K +4K +0.04% $0.50 11.1M Mar 16, 2023 By Ault Lending, LLC F1, F2
transaction ALZN Common Stock Purchase $2.15K +5K +0.05% $0.43 11.1M Mar 17, 2023 By Ault Lending, LLC F2
holding ALZN Common Stock 2.5M Mar 16, 2023 Direct
holding ALZN Common Stock 365K Mar 16, 2023 By Ault Alpha LP F3
holding ALZN Common Stock 14.9M Mar 16, 2023 By Ault Life Sciences, Inc. F4
holding ALZN Common Stock 10M Mar 16, 2023 By Ault Life Sciences Fund, LLC 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 $0.5014. The range of purchase prices on the transaction date was $0.5014 to $0.5015 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 Ault Lending, LLC ("Ault Lending"), is a wholly-owned subsidiary of Ault Alliance, Inc. ("AA"). Mr. Ault, the Executive Chairman of AA, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
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.