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Alzamend Neuro (ALZN) affiliate reports indirect warrant holdings

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Hyperscale Data, Inc., whose Executive Chairman is Milton C. Ault III, reports indirect ownership in Alzamend Neuro through its wholly owned subsidiary Ault Lending. It lists common stock purchase warrants exercisable into 494.0000, 988.0000, 13556.0000, 8667.0000 and 1111.0000 common shares at exercise prices of 4050.0000 and 108.0000, with expirations between 2026 and 2029. HSD and related entities are treated as directors by deputization for Section 16 purposes.

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Insider Hyperscale Data, Inc.
Role Director
Type Security Shares Price Value
holding Common Stock Purchase Warrants F1 -- -- --
holding Common Stock Purchase Warrants F1 -- -- --
holding Common Stock Purchase Warrants F1 -- -- --
holding Common Stock Purchase Warrants F1 -- -- --
holding Common Stock Purchase Warrants F1 -- -- --
Holdings After Transaction: Common Stock Purchase Warrants — 24,816 shares (Indirect, By Ault Lending, LLC)
Footnotes (1)
  1. F1. Ault Lending, LLC ("Ault Lending"), is a wholly-owned subsidiary of Ault Capital Group, Inc. ("ACG"). ACG is a wholly-owned subsidiary of Hyperscale Data, Inc. ("HSD"). Milton C. Ault, III, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
Underlying shares (warrants, series 1) 494.0000 Common stock underlying warrants with 4050.0000 exercise price expiring 2026-07-30
Underlying shares (warrants, series 2) 988.0000 Common stock underlying warrants with 4050.0000 exercise price expiring 2027-04-26
Underlying shares (warrants, series 3) 13556.0000 Common stock underlying warrants with 108.0000 exercise price expiring 2029-08-01
Underlying shares (warrants, series 4) 8667.0000 Common stock underlying warrants with 108.0000 exercise price expiring 2029-09-27
Underlying shares (warrants, series 5) 1111.0000 Common stock underlying warrants with 108.0000 exercise price expiring 2029-10-30
Warrant exercise price (high) 4050.0000 Exercise price for two warrant series on Alzamend Neuro common stock
Warrant exercise price (low) 108.0000 Exercise price for three warrant series on Alzamend Neuro common stock
director by deputization regulatory
"may be deemed a director by deputization by virtue of their representation"
Section 16 of the Exchange Act regulatory
"For purposes of Section 16 of the Exchange Act, each of HSD, ACG and"
Common Stock Purchase Warrants financial
"security_title: Common Stock Purchase Warrants with underlying Common Stock"
Common stock purchase warrants are tradable instruments that give the holder the right to buy a company’s common shares at a set price before a specified date, like a coupon that lets you purchase stock later at a fixed rate. They matter to investors because they offer a way to gain future upside if the stock rises, but when exercised they increase the number of shares outstanding and can reduce existing shareholders’ ownership and earnings per share.
voting and investment power financial
"is deemed to have voting and investment power with respect to the securities"

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FAQ

What insider position does Hyperscale Data report in ALZN?

Hyperscale Data reports indirect ownership of Alzamend Neuro via its wholly owned subsidiary Ault Lending. The position consists of common stock purchase warrants linked to multiple blocks of underlying ALZN common shares rather than direct stock ownership.

How many Alzamend Neuro shares are covered by the reported warrants for ALZN?

The disclosure lists warrants exercisable into 494.0000, 988.0000, 13556.0000, 8667.0000 and 1111.0000 Alzamend Neuro common shares. These figures describe the underlying share amounts tied to each separate warrant position held indirectly.

What are the exercise prices of Hyperscale Data’s ALZN warrants?

The warrants reported for ALZN have exercise prices of 4050.0000 and 108.0000. Each price applies to specific warrant series, defining the amount payable per share of underlying common stock if Ault Lending chooses to exercise them.

When do the reported ALZN warrants held by Hyperscale Data expire?

The common stock purchase warrants on ALZN common shares expire between 2026 and 2029, with stated expiration dates of 2026-07-30, 2027-04-26, 2029-08-01, 2029-09-27 and 2029-10-30. These dates define the final exercise windows for each warrant series.

How is Milton C. Ault III connected to Hyperscale Data’s ALZN holdings?

Milton C. Ault III is described as the Executive Chairman of Hyperscale Data and is deemed to have voting and investment power over securities held of record by Ault Lending, the subsidiary through which the ALZN warrants are held.

What does “director by deputization” mean in this ALZN disclosure?

Hyperscale Data and its affiliates HSD, ACG and Ault Lending may be deemed directors by deputization under Section 16 due to their representation on Alzamend Neuro’s Board. This status makes them reporting persons for the company’s equity securities.
SEC Form 3
FORM 3UNITED 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
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Hyperscale Data, Inc.

(Last)(First)(Middle)
11411 SOUTHERN HIGHLANDS PARKWAY
SUITE 190

(Street)
LAS VEGAS NEVADA 89141

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
07/29/2026
3. Issuer Name and Ticker or Trading Symbol
Alzamend Neuro, Inc. [ ALZN ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)XOther (specify below)
Director by deputization
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
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)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Common Stock Purchase Warrants07/30/202107/30/2026Common Stock494$4,050IBy Ault Lending, LLC(1)
Common Stock Purchase Warrants04/26/202204/26/2027Common Stock988$4,050IBy Ault Lending, LLC(1)
Common Stock Purchase Warrants08/01/202408/01/2029Common Stock13,556$108IBy Ault Lending, LLC(1)
Common Stock Purchase Warrants09/27/202409/27/2029Common Stock8,667$108IBy Ault Lending, LLC(1)
Common Stock Purchase Warrants10/30/202410/30/2029Common Stock1,111$108IBy Ault Lending, LLC(1)
Explanation of Responses:
1. Ault Lending, LLC ("Ault Lending"), is a wholly-owned subsidiary of Ault Capital Group, Inc. ("ACG"). ACG is a wholly-owned subsidiary of Hyperscale Data, Inc. ("HSD"). Milton C. Ault, III, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.
Remarks:
Mr. Ault, the Executive Chairman of HSD, which wholly owns ACG, which in turn wholly owns Ault Lending, is a director of the Issuer. For purposes of Section 16 of the Exchange Act, each of HSD, ACG and Ault Lending may be deemed a director by deputization by virtue of their respective representation on the Board of Directors of the Issuer. The holdings reported herein are separately disclosed on Section 16 filings made by Mr. Ault, and this filing is being made solely for the purpose of identifying HSD, ACG and Ault Lending directly as reporting persons for Section 16 purposes.
/s/ Milton C. Ault, III, Executive Chairman08/04/2026
** Signature of Reporting PersonDate
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.
* Form 3: SEC 1473 (03-26)