0001214659-22-005991.txt : 20220428 0001214659-22-005991.hdr.sgml : 20220428 20220428170126 ACCESSION NUMBER: 0001214659-22-005991 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220426 FILED AS OF DATE: 20220428 DATE AS OF CHANGE: 20220428 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: AULT MILTON C III CENTRAL INDEX KEY: 0001212502 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40483 FILM NUMBER: 22867789 MAIL ADDRESS: STREET 1: 15641 RED HILL AVENUE, SUITE 200 CITY: TUSTIN STATE: CA ZIP: 92780 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Alzamend Neuro, Inc. CENTRAL INDEX KEY: 0001677077 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 811822909 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 BUSINESS ADDRESS: STREET 1: 3802 SPECTRUM BLVD, STREET 2: SUITE C112C CITY: TAMPA STATE: FL ZIP: 33612 BUSINESS PHONE: 844-722-6333 MAIL ADDRESS: STREET 1: 3802 SPECTRUM BLVD, STREET 2: SUITE C112C CITY: TAMPA STATE: FL ZIP: 33612 4 1 marketforms-56056.xml PRIMARY DOCUMENT X0306 4 2022-04-26 0001677077 Alzamend Neuro, Inc. ALZN 0001212502 AULT MILTON C III 11411 SOUTHERN HIGHLANDS PARKWAY SUITE 240 LAS VEGAS NV 89141 false false true false Common Stock 2022-04-26 4 P false 2666667 1.50 A 9666667 I By Digital Power Lending, LLC Common Stock 2500000 D Common Stock 225000 I By Ault Alpha LP Common Stock 14942984 I By Ault Life Sciences, Inc. Common Stock 10000000 I By Ault Life Sciences Fund, LLC Warrants 3.00 2022-04-26 4 J false 1333333 0 A 2022-04-26 2027-04-25 Common Stock 1333333 1333333 I By Digital Power Lending, LLC Warrants 3.00 2021-08-08 2026-08-07 Common Stock 666667 666667 I By Digital Power Lending, LLC Warrants 3.00 2021-03-09 2026-03-08 Common Stock 1333333 1333333 I By Digital Power Lending, LLC Warrants 3.00 2019-04-30 2024-04-29 Common Stock 5000000 5000000 I By Ault Life Sciences Fund, LLC Warrants 3.00 2020-08-31 2025-08-30 Common Stock 16667 16667 I By BitNile Holdings, Inc. In connection with a securities purchase agreement dated March 9, 2021, the Issuer agreed to sell an aggregate of 6,666,667 shares of its common stock to Digital Power Lending, LLC, for an aggregate of Ten Million Dollars ($10,000,000) (the "Transaction"). In connection with the Transaction, on April 26, 2022, DPL received warrants to purchase 1,333,333 shares of common stock as additional consideration for purchase of 2,666,667 shares of common stock for $1.50 per share. 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. 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. Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences, Inc. Mr. Ault has sole voting and investment power with respect to the securities held of record by Ault Life Sciences Fund, LLC. The warrant may be exercised by the Holder on any day on or after the date of issuance, subject to beneficial ownership blocker provisions contained therein. Mr. Ault serves as Executive Chairman of BH and is deemed to have voting and investment power with respect to the securities held of record by BH. /s/ Milton C. Ault, III 2022-04-28