X0609 4 2026-07-31 0001677077 Alzamend Neuro, Inc. ALZN 0001212502 AULT MILTON C III false 11411 SOUTHERN HIGHLANDS PARKWAY SUITE 190 LAS VEGAS NV 89141 true false false false 0 Series D Convertible Preferred Stock 2026-07-31 4 A false 7500 1000 A 2026-07-31 Common Stock 7500 I By Ault Lending, LLC Common Stock Purchase Warrants 4050.00 2022-04-26 2027-04-26 Common Stock 988 988 I By Ault Lending, LLC Common Stock Purchase Warrants 108.00 2024-08-01 2029-08-01 Common Stock 13556 13556 I By Ault Lending, LLC Common Stock Purchase Warrants 108.00 2024-09-27 2029-09-27 Common Stock 8667 8667 I By Ault Lending, LLC Common Stock Purchase Warrants 108.00 2024-10-30 2029-10-30 Common Stock 1111 1111 I By Ault Lending, LLC Stock Options (Right to Buy) 2.33 2035-11-12 Common Stock 100000 100000 D 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. The Series D Convertible Preferred Stock has no expiration date. 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. 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. On November 13, 2025, the Board of Directors of the Issuer granted stock options to Mr. Ault to purchase 100,000 shares of Common Stock. Fifty percent (50%) of these options vested and became exercisable on the date that receipt of approval of the option grants by the Issuer's stockholders. Stockholder approval was obtained on April 17, 2026, which was the date that these options vested and became exercisable. The remaining 50% vest in equal monthly increments over 24 months beginning May 17, 2026. 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. /s/ Milton C. Ault, III 2026-08-04