---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-24-008914"
form_type: "8-K"
ticker: "ALZN"
cik: "0001677077"
company_name: "Alzamend Neuro, Inc."
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:25:43.791502+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Alzamend Neuro stockholders approve $6 million Series B transaction with Ault Lending

## Summary
- Stockholders approved issuance of up to 6,000 shares of Series B convertible preferred stock and warrants for 6,000,000 common shares at $6 million total.
- Proposal passed with 2,787,961 votes for, 208,270 against, and 49,368 abstentions at the May 13, 2024 adjourned annual meeting.
- The transaction is with Ault Lending, LLC per Securities Purchase Agreement dated January 31, 2024.
- The approval allows compliance with Nasdaq Listing Rule 5635 for the Series B Transaction.

## SEC filing metadata
- accession: 0001214659-24-008914
- form_type: 8-K
- ticker: ALZN
- cik: 0001677077
- company_name: Alzamend Neuro, Inc.
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1677077/000121465924008914/0001214659-24-008914-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1677077/000121465924008914/o5132458k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-24-008914
- JSON: https://secwatch.observer/filing/0001214659-24-008914.json
- Plain text: https://secwatch.observer/filing/0001214659-24-008914.txt

## Key facts
- Shareholder Votes
  Alzamend Neuro, Inc. shareholders approved Approval of issuance of additional shares of Common Stock upon conversion of Series B Preferred Stock and exercise of warrants pursuant to Securities Purchase Agreement with Ault Lending, LLC to comply with Nasdaq Listing Rule 5635 at the 2024-05-13 meeting.
  - Outcome: passed
  - Meeting: 2024-05-13
  source text: Proposal Three : Approval, for purposes of complying with Listing Rule 5635 of The Nasdaq Stock Market, LLC, the issuance by the Company of additional shares of Common Stock issuable upon the (i) conversion of up to 6,000 shares of Series B Preferred Stock and (ii) exercise of warrants to purchase up to 6,000,000 shares of Common Stock, for a total purchase price of up to $6,000,000.00, pursuant to the Securities Purchase Agreement dated January 31, 2024 with Ault Lending, LLC. For Against Abstain Broker Non-Votes 2,787,961 208,270 49,368
  evidence_url: https://www.sec.gov/Archives/edgar/data/1677077/000121465924008914/0001214659-24-008914-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.