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Alzamend Neuro (ALZN) 10% owner Ault bought 4,900 shares for $4,704 at $0.96

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Insider transactions reported

Milton C Ault III (10% owner at Alzamend Neuro Inc., ALZN) reported that they bought 4,900 shares for $4,704 at $0.96 on Aug 25, 2022. After these transactions the filing shows 10,007,567 shares held indirectly (By Digital Power Lending, LLC).

Reporting person
Ault Milton C Iii
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Aug 25, 2022Open-market purchase (P)Common Stock1+4,900$0.96$4,70410,007,567 indirect

Holdings before and after

  • Common Stock: 10,002,667 to 10,007,567 indirect, By Digital Power Lending, LLC

Other positions listed

  • Common Stock: 2,500,000 direct
  • Common Stock: 14,942,984 indirect, By Ault Life Sciences, Inc.
  • Common Stock: 10,000,000 indirect, By Ault Life Sciences Fund, LLC
  • Common Stock: 325,000 indirect, By Ault Alpha LP

Footnotes from the filing

  1. 1. 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.
  2. 2. Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences, Inc.
  3. 3. Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC.
  4. 4. 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.

Transaction codes in this filing

Open-market purchase:
Code P marks a purchase in the open market or a private deal. The insider paid for these securities.

FAQ

What did Ault report in this ALZN Form 4?

Milton C Ault III (10% owner at Alzamend Neuro Inc., ALZN) reported that they bought 4,900 shares for $4,704 at $0.96 on Aug 25, 2022. After these transactions the filing shows 10,007,567 shares held indirectly (By Digital Power Lending, LLC).

How many ALZN shares does Ault hold after this filing?

The filing shows 10,007,567 shares held indirectly (By Digital Power Lending, LLC) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code P mean on an SEC Form 4?

Code P marks a purchase in the open market or a private deal. The insider paid for these securities.

Historical context for ALZN

Earlier insider filings at ALZN

Quantisnow market dataNASDAQ
Alzamend Neuro Inc. logo
ALZN
Alzamend Neuro Inc.
Market cap
30-day
Sector
Health Care
Industry
Biotechnology: Pharmaceutical Preparations
Listed since
2021
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