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[8-K] Alzamend Neuro, Inc. Reports Material Event

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Rhea-AI Filing Summary

On 07/30/2024, Grindr Inc. (GRND) filed a Form 4 detailing an insider equity award to director and 10% owner George Raymond Zage III. He received 6,669 restricted stock units (RSUs) at no cost. The RSUs vest 25% on 10/30/2025 and the remainder in equal quarterly installments, conditioned on continued service under the 2022 Equity Incentive Plan.

Following the grant, Zage’s direct ownership rises to 6,733,283 common shares. He also maintains indirect control of 85,926,333 shares through Tiga Eighty-Eight Pte Ltd and 1,060,507 shares via Big Timber Holdings LLC. No shares were sold and no derivative positions were reported.

The incremental grant is immaterial relative to Zage’s existing >10% stake and does not alter float or signal operational developments. The filing is principally a routine disclosure of executive compensation and ownership structure.

Il 30/07/2024, Grindr Inc. (GRND) ha presentato un Modulo 4 che dettaglia un premio azionario interno al direttore e azionista al 10% George Raymond Zage III. Ha ricevuto 6.669 unità azionarie vincolate (RSU) senza alcun costo. Le RSU maturano per il 25% il 30/10/2025 e il resto in rate trimestrali uguali, condizionate alla continuazione del servizio secondo il Piano di Incentivi Azionari 2022.

Dopo l'assegnazione, la proprietà diretta di Zage aumenta a 6.733.283 azioni ordinarie. Mantiene inoltre il controllo indiretto di 85.926.333 azioni tramite Tiga Eighty-Eight Pte Ltd e di 1.060.507 azioni attraverso Big Timber Holdings LLC. Non sono state vendute azioni né sono state segnalate posizioni derivate.

Il premio incrementale è trascurabile rispetto alla partecipazione superiore al 10% già detenuta da Zage e non modifica il flottante né indica sviluppi operativi. La dichiarazione è principalmente una comunicazione di routine riguardante la remunerazione esecutiva e la struttura proprietaria.

El 30/07/2024, Grindr Inc. (GRND) presentó un Formulario 4 detallando una concesión de acciones internas al director y propietario del 10% George Raymond Zage III. Recibió 6,669 unidades restringidas de acciones (RSU) sin costo alguno. Las RSU se consolidan en un 25% el 30/10/2025 y el resto en cuotas trimestrales iguales, condicionadas a la continuidad del servicio bajo el Plan de Incentivos de Capital 2022.

Tras la concesión, la propiedad directa de Zage aumenta a 6,733,283 acciones comunes. También mantiene el control indirecto de 85,926,333 acciones a través de Tiga Eighty-Eight Pte Ltd y 1,060,507 acciones mediante Big Timber Holdings LLC. No se vendieron acciones ni se informaron posiciones derivadas.

La concesión incremental es insignificante en relación con la participación superior al 10% que ya posee Zage y no altera el flotante ni señala desarrollos operativos. La presentación es principalmente una divulgación rutinaria sobre la compensación ejecutiva y la estructura de propiedad.

2024년 7월 30일, Grindr Inc. (GRND)은 내부자 지분 보상 내역을 담은 Form 4를 제출했습니다. 이 보상은 이사이자 10% 지분 보유자인 조지 레이먼드 자지 3세에게 주어진 것으로, 6,669개의 제한 주식 단위(RSU)를 무상으로 받았습니다. RSU는 2025년 10월 30일에 25%가 베스팅되며, 나머지는 2022년 주식 인센티브 플랜에 따라 계속 근무 조건 하에 동일한 분기별 할부로 베스팅됩니다.

이번 부여 후 자지의 직접 소유 주식은 6,733,283 보통주로 증가했습니다. 또한 Tiga Eighty-Eight Pte Ltd를 통해 85,926,333주와 Big Timber Holdings LLC를 통해 1,060,507주간접으로 통제하고 있습니다. 주식 매도나 파생상품 포지션 보고는 없었습니다.

이번 추가 부여는 자지의 기존 10% 이상 지분에 비해 미미하며, 유통 주식 수나 운영상의 변화를 나타내지 않습니다. 이 제출은 주로 경영진 보상 및 소유 구조에 관한 일상적인 공시입니다.

Le 30/07/2024, Grindr Inc. (GRND) a déposé un formulaire 4 détaillant une attribution d’actions internes au directeur et propriétaire de 10% George Raymond Zage III. Il a reçu 6 669 unités d’actions restreintes (RSU) sans frais. Les RSU acquièrent 25% de leur valeur le 30/10/2025, le reste étant versé par trimestres égaux, sous condition de maintien du service selon le Plan d’Incitation en Actions 2022.

Suite à cette attribution, la propriété directe de Zage augmente à 6 733 283 actions ordinaires. Il conserve également le contrôle indirect de 85 926 333 actions via Tiga Eighty-Eight Pte Ltd et 1 060 507 actions via Big Timber Holdings LLC. Aucune action n’a été vendue ni position dérivée déclarée.

Cette attribution supplémentaire est négligeable par rapport à la participation déjà supérieure à 10% de Zage et ne modifie pas le flottant ni ne signale de développements opérationnels. Le dépôt constitue principalement une divulgation de routine sur la rémunération des dirigeants et la structure de propriété.

Am 30.07.2024 reichte Grindr Inc. (GRND) ein Formular 4 ein, das eine Insider-Aktienzuteilung an den Direktor und 10%-Eigentümer George Raymond Zage III beschreibt. Er erhielt 6.669 eingeschränkte Aktieneinheiten (RSUs) kostenfrei. Die RSUs werden zu 25 % am 30.10.2025 fällig, der Rest in gleichen vierteljährlichen Raten, vorbehaltlich fortgesetzter Dienstzeit gemäß dem Equity Incentive Plan 2022.

Nach der Zuteilung steigt Zages direkter Besitz auf 6.733.283 Stammaktien. Außerdem kontrolliert er indirekt 85.926.333 Aktien über Tiga Eighty-Eight Pte Ltd und 1.060.507 Aktien über Big Timber Holdings LLC. Es wurden keine Aktien verkauft und keine Derivatpositionen gemeldet.

Die zusätzliche Zuteilung ist im Verhältnis zu Zages bestehendem Anteil von über 10 % unerheblich und verändert weder den Streubesitz noch signalisiert sie operative Entwicklungen. Die Meldung ist hauptsächlich eine routinemäßige Offenlegung der Vergütung des Managements und der Eigentümerstruktur.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine RSU award to large shareholder; no market-moving details.

This Form 4 records a small equity incentive—6,669 RSUs—granted to George Zage. It modestly increases his direct holding but leaves his aggregate beneficial ownership effectively unchanged at roughly 93.7 million shares. The zero-cost grant aligns compensation with shareholder value but is far too small to influence governance or control dynamics. Because no dispositions occurred and vesting is long-dated, I view the filing as procedural, not price-sensitive.

TL;DR: De minimis addition; neutral for GRND valuation.

The grant equals <0.01% of GRND’s float and does not change insider ownership concentration. Absence of sales is mildly reassuring, yet the scale is immaterial for earnings, dilution, or float tightening. I do not expect trading impact or need to adjust position sizing based on this disclosure.

Il 30/07/2024, Grindr Inc. (GRND) ha presentato un Modulo 4 che dettaglia un premio azionario interno al direttore e azionista al 10% George Raymond Zage III. Ha ricevuto 6.669 unità azionarie vincolate (RSU) senza alcun costo. Le RSU maturano per il 25% il 30/10/2025 e il resto in rate trimestrali uguali, condizionate alla continuazione del servizio secondo il Piano di Incentivi Azionari 2022.

Dopo l'assegnazione, la proprietà diretta di Zage aumenta a 6.733.283 azioni ordinarie. Mantiene inoltre il controllo indiretto di 85.926.333 azioni tramite Tiga Eighty-Eight Pte Ltd e di 1.060.507 azioni attraverso Big Timber Holdings LLC. Non sono state vendute azioni né sono state segnalate posizioni derivate.

Il premio incrementale è trascurabile rispetto alla partecipazione superiore al 10% già detenuta da Zage e non modifica il flottante né indica sviluppi operativi. La dichiarazione è principalmente una comunicazione di routine riguardante la remunerazione esecutiva e la struttura proprietaria.

El 30/07/2024, Grindr Inc. (GRND) presentó un Formulario 4 detallando una concesión de acciones internas al director y propietario del 10% George Raymond Zage III. Recibió 6,669 unidades restringidas de acciones (RSU) sin costo alguno. Las RSU se consolidan en un 25% el 30/10/2025 y el resto en cuotas trimestrales iguales, condicionadas a la continuidad del servicio bajo el Plan de Incentivos de Capital 2022.

Tras la concesión, la propiedad directa de Zage aumenta a 6,733,283 acciones comunes. También mantiene el control indirecto de 85,926,333 acciones a través de Tiga Eighty-Eight Pte Ltd y 1,060,507 acciones mediante Big Timber Holdings LLC. No se vendieron acciones ni se informaron posiciones derivadas.

La concesión incremental es insignificante en relación con la participación superior al 10% que ya posee Zage y no altera el flotante ni señala desarrollos operativos. La presentación es principalmente una divulgación rutinaria sobre la compensación ejecutiva y la estructura de propiedad.

2024년 7월 30일, Grindr Inc. (GRND)은 내부자 지분 보상 내역을 담은 Form 4를 제출했습니다. 이 보상은 이사이자 10% 지분 보유자인 조지 레이먼드 자지 3세에게 주어진 것으로, 6,669개의 제한 주식 단위(RSU)를 무상으로 받았습니다. RSU는 2025년 10월 30일에 25%가 베스팅되며, 나머지는 2022년 주식 인센티브 플랜에 따라 계속 근무 조건 하에 동일한 분기별 할부로 베스팅됩니다.

이번 부여 후 자지의 직접 소유 주식은 6,733,283 보통주로 증가했습니다. 또한 Tiga Eighty-Eight Pte Ltd를 통해 85,926,333주와 Big Timber Holdings LLC를 통해 1,060,507주간접으로 통제하고 있습니다. 주식 매도나 파생상품 포지션 보고는 없었습니다.

이번 추가 부여는 자지의 기존 10% 이상 지분에 비해 미미하며, 유통 주식 수나 운영상의 변화를 나타내지 않습니다. 이 제출은 주로 경영진 보상 및 소유 구조에 관한 일상적인 공시입니다.

Le 30/07/2024, Grindr Inc. (GRND) a déposé un formulaire 4 détaillant une attribution d’actions internes au directeur et propriétaire de 10% George Raymond Zage III. Il a reçu 6 669 unités d’actions restreintes (RSU) sans frais. Les RSU acquièrent 25% de leur valeur le 30/10/2025, le reste étant versé par trimestres égaux, sous condition de maintien du service selon le Plan d’Incitation en Actions 2022.

Suite à cette attribution, la propriété directe de Zage augmente à 6 733 283 actions ordinaires. Il conserve également le contrôle indirect de 85 926 333 actions via Tiga Eighty-Eight Pte Ltd et 1 060 507 actions via Big Timber Holdings LLC. Aucune action n’a été vendue ni position dérivée déclarée.

Cette attribution supplémentaire est négligeable par rapport à la participation déjà supérieure à 10% de Zage et ne modifie pas le flottant ni ne signale de développements opérationnels. Le dépôt constitue principalement une divulgation de routine sur la rémunération des dirigeants et la structure de propriété.

Am 30.07.2024 reichte Grindr Inc. (GRND) ein Formular 4 ein, das eine Insider-Aktienzuteilung an den Direktor und 10%-Eigentümer George Raymond Zage III beschreibt. Er erhielt 6.669 eingeschränkte Aktieneinheiten (RSUs) kostenfrei. Die RSUs werden zu 25 % am 30.10.2025 fällig, der Rest in gleichen vierteljährlichen Raten, vorbehaltlich fortgesetzter Dienstzeit gemäß dem Equity Incentive Plan 2022.

Nach der Zuteilung steigt Zages direkter Besitz auf 6.733.283 Stammaktien. Außerdem kontrolliert er indirekt 85.926.333 Aktien über Tiga Eighty-Eight Pte Ltd und 1.060.507 Aktien über Big Timber Holdings LLC. Es wurden keine Aktien verkauft und keine Derivatpositionen gemeldet.

Die zusätzliche Zuteilung ist im Verhältnis zu Zages bestehendem Anteil von über 10 % unerheblich und verändert weder den Streubesitz noch signalisiert sie operative Entwicklungen. Die Meldung ist hauptsächlich eine routinemäßige Offenlegung der Vergütung des Managements und der Eigentümerstruktur.

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UNITED STATES

 

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

____________________________________________________________

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

___________________________________________________________________

 

Date of Report (Date of earliest event reported):  August 1, 2025

 

ALZAMEND NEURO, INC.

(Exact name of registrant as specified in its charter)

 

Delaware 001-40483 81-1822909
(State or other jurisdiction of
incorporation or organization)
(Commission File Number) (I.R.S. Employer Identification No.)

 

3480 Peachtree Road NE, Second Floor, Suite 103, Atlanta, GA 30326

(Address of principal executive offices) (Zip Code)

 

(844) 722-6333

(Registrant's telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class  

Trading

Symbol(s)

  Name of each exchange on which registered
Common Stock, $0.0001 par value   ALZN   The Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

  
 

 

Item 3.02Unregistered Sales of Equity Securities.

 

Between July 23, 2025 and July 30, 2025, Alzamend Neuro, Inc. (the “Company”) issued an aggregate of 243,429 shares of common stock, par value $0.0001 per share (“Common Stock”) upon conversion of approximately 564.76 shares of Series B Convertible Preferred Stock. The shares of Common Stock were issued in reliance upon exemption from the registration requirements under Section 4(a)(2) under the Securities Act.

 

As of July 30, 2025, the Company had 3,139,861 shares of Common Stock outstanding.

 

Item 9.01Financial Statements And Exhibits

 

(d)Exhibits:

 

Exhibit No.    Description
101   Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language).
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101).

 

 2 
 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

  ALZAMEND NEURO, INC.
   
   
Dated: August 1, 2025 /s/ Henry Nisser    
  Henry Nisser
  Executive Vice President and General Counsel

 

 

3

 

 

 

FAQ

How many Grindr (GRND) shares did George Zage acquire?

He was granted 6,669 RSUs, each convertible into one share of common stock.

What is the vesting schedule for the RSUs granted on 07/30/2024?

25% vests on 10/30/2025; the balance vests in equal quarterly installments thereafter.

What is George Zage’s total beneficial ownership after the transaction?

Direct: 6,733,283 shares; Indirect: 87,0-million+ shares via affiliated entities.

Did the insider sell any Grindr shares in this Form 4?

No. The filing reports only an acquisition of RSUs; there were no sales or dispositions.

Why is this Form 4 important to GRND investors?

It discloses insider equity awards, offering transparency on compensation and ownership, though the size is not material to valuation.
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