SEC FORM 3

SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Patel Samir Rashmikant

(Last)

(First)

(Middle)

C/O AKARI THERAPEUTICS, PLC

22 BOSTON WHARF ROAD FL 7

(Street)

BOSTON

02210

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2024

3. Issuer Name and Ticker or Trading Symbol
Akari Therapeutics Plc [ AKTX ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares, par value $0.0001 per share	2,085,237,500	I	PranaBio Investments LLC

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Warrants (Right to Buy)	07/02/2019	07/01/2024	Ordinary Shares, par value $0.0001 per share	32,500,000	$0.03	I	PranaBio Investments LLC
Warrants (Right to Buy)	02/21/2020	02/21/2025	Ordinary Shares, par value $0.0001 per share	25,000,000	$0.022	I	PranaBio Investments LLC
Warrants (Right to Buy)	03/03/2020	03/03/2025	Ordinary Shares, par value $0.0001 per share	5,000,000	$0.022	I	PranaBio Investments LLC
Warrants (Right to Buy)	01/04/2022	01/04/2027	Ordinary Shares, par value $0.0001 per share	12,500,000	$0.0165	I	PranaBio Investments LLC
Warrants (Right to Buy)	03/10/2022	03/10/2027	Ordinary Shares, par value $0.0001 per share	50,000,000	$0.014	I	PranaBio Investments LLC
Warrants (Right to Buy)	09/14/2022	09/14/2024	Ordinary Shares, par value $0.0001 per share	150,000,000	$0.0085	I	PranaBio Investments LLC
Warrants (Right to Buy)	09/14/2022	09/14/2029	Ordinary Shares, par value $0.0001 per share	150,000,000	$0.0085	I	PranaBio Investments LLC
Warrants (Right to Buy)	10/06/2023	⁽¹⁾	Ordinary Shares, par value $0.0001 per share	96,774,000	$0.0001	I	PranaBio Investments LLC
Stock Option (Right to Buy)	⁽²⁾	12/29/2033	Ordinary Shares, par value $0.0001 per share	5,000,000	$0.0016	D

Explanation of Responses:

1. Pre-funded warrants exercisable until exercised in full.

2. Non-qualified stock option granted under the Issuer's 2023 Equity Incentive Plan. The stock option vests and becomes exercisable ratably in three equal installments with the first installment vesting on the date of the first Annual General Meeting ("AGM") following the date of the grant, and with the second and third installments vesting, respectively, on the dates of the second and third AGM's following the date of the grant, subject to the non-employee director's continued service with the Issuer.

Remarks:

See Exhibit 24.1 - Power of Attorney

	/s/ Rachelle Jacques, as Attorney-in-Fact for Samir Patel	01/02/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

New insider Patel Samir Rashmikant claimed ownership of 2,085,237,500 units of Ordinary Shares (SEC Form 3)