STOCK TITAN

Alzamend Neuro (ALZN) files amended insider trading report

(Neutral)
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Alzamend Neuro, Inc. (symbol: ALZN) is the issuer of record for a Form 4/A filing submitted to the SEC.

Positive

  • None.

Negative

  • None.
Insider Hyperscale Data, Inc., Ault Lending, LLC, Ault Capital Group, Inc.
Role Director | Director | Director
Type Security Shares Price Value
Grant/Award Series D Convertible Preferred Stock F1, F2, F3, F4 7,500 $1,000.00 $7.50M
holding Series D Convertible Preferred Stock -- -- --
holding Series D Convertible Preferred Stock F4 -- -- --
holding Series D Convertible Preferred Stock F4 -- -- --
Holdings After Transaction: Series D Convertible Preferred Stock — 30,834 shares (Indirect, By Ault Lending, LLC)
Footnotes (4)
  1. F1. Each share of Series D Convertible Preferred Stock has a stated value of $ 1,050.00 and is convertible into shares of Common Stock at a conversion price equal to the greater of (i) $0.2668 and (ii) 80% of the lowest closing bid price of the Common Stock during the five (5) trading days immediately prior to the date of conversion into conversion shares, but not greater than $2.00 per share (the "Conversion Price"). The Conversion Price is subject to adjustment in the event of issuances of Common Stock at a price per share lower than the Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events.
  2. F2. The Series D Convertible Preferred Stock has no expiration date.
  3. F3. As of August 4, 2026, the Conversion Price was $1,016 per share, so each share of Series D Convertible Preferred Stock is convertible into approximately 1,033.5 shares of Common Stock.
  4. F4. 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"). Mr. Ault, the Executive Chairman of HSD, is deemed to have voting and investment power with respect to the securities held of record by Ault Lending.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hyperscale Data, Inc.

(Last)(First)(Middle)
11411 SOUTHERN HIGHLANDS PARKWAY
SUITE 240

(Street)
LAS VEGAS NEVADA 89141

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Alzamend Neuro, Inc. [ ALZN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)XOther (specify below)
Director by deputization
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/04/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Series D Convertible Preferred Stock(1)07/31/2026A7,50007/31/2026 (2)Common Stock(3)$1,0007,500IBy Ault Lending, LLC(4)
Series D Convertible Preferred Stock$10808/01/202408/01/2029Common Stock13,55613,556IBy Ault Lending, LLC
Series D Convertible Preferred Stock$10809/27/202409/27/2029Common Stock8,6678,667IBy Ault Lending, LLC(4)
Series D Convertible Preferred Stock$10810/30/202410/30/2029Common Stock1,1111,111IBy Ault Lending, LLC(4)
1. Name and Address of Reporting Person*
Hyperscale Data, Inc.

(Last)(First)(Middle)
11411 SOUTHERN HIGHLANDS PARKWAY
SUITE 240

(Street)
LAS VEGAS NEVADA 89141

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirector10% Owner
Officer (give title below)XOther (specify below)
Director by deputization
1. Name and Address of Reporting Person*
Ault Lending, LLC

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

(Street)
LAS VEGAS NEVADA 89141

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirector10% Owner
Officer (give title below)XOther (specify below)
Director by deputization
1. Name and Address of Reporting Person*
Ault Capital Group, Inc.

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

(Street)
LAS VEGAS NEVADA 89141

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirector10% Owner
Officer (give title below)XOther (specify below)
Director by deputization
Explanation of Responses:
1. Each share of Series D Convertible Preferred Stock has a stated value of $ 1,050.00 and is convertible into shares of Common Stock at a conversion price equal to the greater of (i) $0.2668 and (ii) 80% of the lowest closing bid price of the Common Stock during the five (5) trading days immediately prior to the date of conversion into conversion shares, but not greater than $2.00 per share (the "Conversion Price"). The Conversion Price is subject to adjustment in the event of issuances of Common Stock at a price per share lower than the Conversion Price then in effect, as well as upon customary stock splits, stock dividends, combinations or similar events.
2. The Series D Convertible Preferred Stock has no expiration date.
3. As of August 4, 2026, the Conversion Price was $1,016 per share, so each share of Series D Convertible Preferred Stock is convertible into approximately 1,033.5 shares of Common Stock.
4. 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"). Mr. Ault, 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:
This amendment is being filed solely to add Ault Lending and ACG, neither of which had EDGAR codes as of the date of the original filing, as reporting persons for Section 16 purposes. 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 Chairman of Hyperscale Data, Inc.08/20/2026
/s/ David Katzoff, Manager of Ault Lending LLC08/20/2026
/s/ Milton C. Ault. III, Executive Chairman of Ault Capital Group, Inc.08/20/2026
** 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 4 (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 4: SEC 1474 (03-26)