SEC Form 4/A · accession 0001214659-26-010677
Alzamend Neuro, Inc. · ALZN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series D Convertible Preferred StockF4,F1,F2,F3 | — | Jul 31, 2026 | A | 7,500 | A | Jul 31, 2026 | — | Common Stock | — | 7,500 | I |
| Series D Convertible Preferred Stock | $108.00 | holding | — | — | — | Aug 1, 2024 | Aug 1, 2029 | Common Stock | 13,556 | 13,556 | I |
| Series D Convertible Preferred StockF4 | $108.00 | holding | — | — | — | Sep 27, 2024 | Sep 27, 2029 | Common Stock | 8,667 | 8,667 | I |
| Series D Convertible Preferred StockF4 | $108.00 | holding | — | — | — | Oct 30, 2024 | Oct 30, 2029 | Common Stock | 1,111 | 1,111 | I |
Explanation of responses
- F1Each share of Series D Convertible Preferred Stock has a stated value of $ 1,050.00 and is convertible into shares of Common Stock at a conversion price equal to the greater of (i) $0.2668 and (ii) 80% of the lowest closing bid price of the Common Stock during the five (5) trading days immediately prior to the date of conversion into conversion shares, but not greater than $2.00 per share (the "Conversion Price"). The Conversion Price is subject to adjustment in the event of issuances of Common Stock at a price per share lower than the Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events.
- F2The Series D Convertible Preferred Stock has no expiration date.
- F3As of August 4, 2026, the Conversion Price was $1,016 per share, so each share of Series D Convertible Preferred Stock is convertible into approximately 1,033.5 shares of Common Stock.
- F4Ault Lending LLC ("Ault Lending"), is a wholly-owned subsidiary of Ault Capital Group, Inc. ("ACG"). ACG is a wholly-owned subsidiary of Hyperscale Data, Inc. ("HSD"). Mr. Ault, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
Remarks
This amendment is being filed solely to add Ault Lending and ACG, neither of which had EDGAR codes as of the date of the original filing, as reporting persons for Section 16 purposes. Mr. Ault, the Executive Chairman of HSD, which wholly owns ACG, which in turn wholly owns Ault Lending, is a director of the Issuer. For purposes of Section 16 of the Exchange Act, each of HSD, ACG and Ault Lending may be deemed a director by deputization by virtue of their respective representation on the Board of Directors of the Issuer. The holdings reported herein are separately disclosed on Section 16 filings made by Mr. Ault, and this filing is being made solely for the purpose of identifying HSD, ACG and Ault Lending directly as reporting persons for Section 16 purposes.