Akili (AKLI) 10% owner PureTech Health disposed of 12,527,477 shares

Insider transactions reported

PureTech Health plc (10% owner at Akili Inc., AKLI) reported that they disposed of 12,527,477 shares on Jul 2, 2024. After these transactions the filing shows 0 shares held indirectly (See footnote).

Reporting person

PureTech Health plc

Holdings before and after

• Common Stock: 12,527,477 to 0 indirect, See footnote

Footnotes from the filing

1. 1. Reflects disposition of shares of common stock (each, a Share ) of the Issuer at a price per Share of $0.4340 (the Offer Price ) pursuant to the terms of that certain Agreement and Plan of Merger (the Merger Agreement ), dated as of May 29, 2024, by and among the Issuer, Virtual Therapeutics Corporation, a Delaware corporation ( Parent ), and Alpha Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ( Purchaser ). Purchaser completed a tender offer for shares of common stock of the Issuer and thereafter merged with and into the Issuer, effective as of July 2, 2024 (the Effective Time ), with the Issuer surviving the merger. As of the Effective Time, each Share held by the Reporting Person was converted into the Offer Price.
2. 2. PureTech Health LLC is the record holder of all of the securities reported in this Form 4. PureTech Health plc is the sole member of PureTech Health LLC, and has the power to direct the voting and disposition of securities held by PureTech Health LLC.

FAQ