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Alzamend Neuro Inc

Alzamend Neuro Inc (ALZN)

0.9576
-0.0624
(-6.12%)
Closed 24 February 8:00AM
0.945
-0.0126
(-1.32%)
After Hours: 11:58AM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
0.945
Bid
0.94
Offer
0.9502
Volume
340,195
0.9501 Day's Range 1.01
0.9208 52 Week Range 15.06
Market Cap
Previous Close
1.02
Open
1.01
Last Trade Time
Financial Volume
US$ 334,144
VWAP
0.982215
Average Volume (3m)
390,803
Shares Outstanding
5,432,797
Dividend Yield
-
PE Ratio
-0.52
Earnings Per Share (EPS)
-1.83
Revenue
-
Net Profit
-9.95M

About Alzamend Neuro Inc

Alzamend Neuro Inc is an early clinical stage biopharmaceutical company. It is focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders, including Alzheimer's. Its mission is to develop and market safe and effective treatments. The company's pipe... Alzamend Neuro Inc is an early clinical stage biopharmaceutical company. It is focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders, including Alzheimer's. Its mission is to develop and market safe and effective treatments. The company's pipeline consists of two novel therapeutic drug candidates, AL001 - a patented ionic cocrystal technology delivering lithium via a therapeutic combination of lithium, proline and salicylate, and AL002 - a patented method using a mutant-peptide sensitized cell as a cell-based therapeutic vaccine that seeks to restore the ability of a patient's immunological system to combat Alzheimer's. Show more

Sector
Pharmaceutical Preparations
Industry
Pharmaceutical Preparations
Headquarters
Wilmington, Delaware, USA
Founded
-
Alzamend Neuro Inc is listed in the Pharmaceutical Preparations sector of the NASDAQ with ticker ALZN. The last closing price for Alzamend Neuro was US$1.02. Over the last year, Alzamend Neuro shares have traded in a share price range of US$ 0.9208 to US$ 15.06.

Alzamend Neuro currently has 5,432,797 shares in issue. The market capitalisation of Alzamend Neuro is US$5.54 million. Alzamend Neuro has a price to earnings ratio (PE ratio) of -0.52.

ALZN Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.1804-16.02985605121.12541.150.920837464971.0106916CS
4-0.255-21.251.21.20480.92088456201.01877235CS
12-0.335-26.1718751.281.340.92083908031.05991233CS
26-3.905-80.51546391754.855.30.92083840371.82288525CS
52-7.971-89.4010767168.91615.060.92085750694.50679046CS
156-188.055-99.51892250.920845902781.87054784CS
260-4349.055-99.978275862143505032.50.92081104107362.6430356CS

ALZN - Frequently Asked Questions (FAQ)

What is the current Alzamend Neuro share price?
The current share price of Alzamend Neuro is US$ 0.945
How many Alzamend Neuro shares are in issue?
Alzamend Neuro has 5,432,797 shares in issue
What is the market cap of Alzamend Neuro?
The market capitalisation of Alzamend Neuro is USD 5.54M
What is the 1 year trading range for Alzamend Neuro share price?
Alzamend Neuro has traded in the range of US$ 0.9208 to US$ 15.06 during the past year
What is the PE ratio of Alzamend Neuro?
The price to earnings ratio of Alzamend Neuro is -0.52
What is the reporting currency for Alzamend Neuro?
Alzamend Neuro reports financial results in USD
What is the latest annual profit for Alzamend Neuro?
The latest annual profit of Alzamend Neuro is USD -9.95M
What is the registered address of Alzamend Neuro?
The registered address for Alzamend Neuro is 251 LITTLE FALLS DRIVE, WILMINGTON, DELAWARE, 19808
What is the Alzamend Neuro website address?
The website address for Alzamend Neuro is www.alzamend.com
Which industry sector does Alzamend Neuro operate in?
Alzamend Neuro operates in the PHARMACEUTICAL PREPARATIONS sector

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ALZN Discussion

View Posts
Roozy Roozy 3 days ago
Pure 100% bull shit
Ault cost my family $250,000 with his band of merry men
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tw0122 tw0122 4 days ago
ALZN 1.02 52 week low 2 out of 3 good flips premarket..stopped out at 1.09 on trade 3 .. Major dilution obviously 12m traded. Find a tradeable bottom for round 3 but would wait until
Afternoon. Other plays going well CSAI $12.33 and IBIO longer term
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tw0122 tw0122 4 days ago
Round 3 in with 1.12 stop loss 1.09 diluting pig for sure just playing the zones a dangerous play for sure 
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tw0122 tw0122 4 days ago
ALZN $1.22 Round 3 only if can get some under $1.15 if not good luck as 1.50s most probable resistance zone on regular trading hours 
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tedpeele tedpeele 4 days ago
this isn't the automaker, but still a cool device
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tw0122 tw0122 4 days ago
ALZN $1.31 + 20% probably headed back to 1.50s resistance zone but taking safe profit.
AI and Tesla used in brain definitely good news ..
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tw0122 tw0122 4 days ago
$1.24 flip back out 80% .. β€œWe want to thank Tesla for working with us to create this one-of-a-kind lithium head coil,” stated Stephan Jackman, Chief Executive Officer of Alzamend. β€œThe development of the coil was a long time coming, but we believe the time and effort was necessary to allow us unprecedented knowledge as to how lithium interacts within our brains. We believe that our upcoming studies, utilizing the head coil, has the potential to broaden the application of lithium treatment across numerous neurodegenerative diseases and psychiatric disorders. Its completion allows us to solidify our timeline for the forthcoming clinical trials in collaboration with Massachusetts General Hospital. We look forward to sharing additional details regarding these trials soon.”...
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tw0122 tw0122 4 days ago
Back in 1.18 for round 2 stop loss 1.15 they almost diluted 9m shares now. See
What happens round 1 was the money maker 
👍 1
glenn1919 glenn1919 4 days ago
alzn.............................................https://stockcharts.com/h-sc/ui?s=alzn&p=W&b=5&g=0&id=p86431144783
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tw0122 tw0122 4 days ago
$1.90s nice Tesla news on top of bottom play..
...(β€œAlzheimer’s”), bipolar disorder (β€œBD”), major depressive disorder (β€œMDD”) and post-traumatic stress disorder (β€œPTSD”), today announced the completion of a groundbreaking head coil by Tesla Dynamic Coils BV (β€œTesla”). The development of the head coil was necessary to facilitate the five upcoming Phase II clinical trials to be conducted by Alzamend....This
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tw0122 tw0122 4 days ago
$1.83 + 70% out of remaining 20% 
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tw0122 tw0122 4 days ago
$1.46 +'35% now we talking quick flipper out of 80%
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tw0122 tw0122 4 days ago
$1.05 new bottom
Been holding..Alzheimer's low floater but does have a backer 

This year, Alzamend entered into a securities purchase agreement with an institutional investor to purchase up to $25 million of preferred stock and warrants over a two-year period. In addition, Alzamend entered into an at-the-market sales agreement, with the right of Alzamend to strategically sell up to $6.5 million of common stock at its option. Please see Alzamend’s Commission filings for additional information regarding these agreements and the terms of such financing transactions.
 
β€œThese financing transactions have allowed us to greatly improve our financial situation” said Stephan Jackman, Chief Executive Officer of Alzamend. β€œIn the first six months of this fiscal year, we have gone from a stockholder deficit to several million in stockholder equity, significantly reduced our outstanding liabilities and increased our cash on hand. These financial improvements allowed us to regain compliance with all applicable requirements for our stock to continue to be listed on Nasdaq and provides us with the capital in preparation of the upcoming clinical trials to be initiated in 2025.”

ALZN The accompanying condensed financial statements have been prepared on the basis that the Company will continue as a going concern. As of October 31, 2024, the Company had cash of $4.1 million, working capital of $3.5 million, an accumulated deficit of $56.4 million and stockholders’ equity of $3.8 million. For the three and six months ended October 31, 2024, the Company had net losses of $1.4 million and $2.4 million, respectively. For the six months ended October 31, 2024, cash used in operating activities was $4.5 million. Historically, the Company has financed its operations principally through issuances of equity and debt instruments.
 

 
We intend to develop and commercialize therapeutics and vaccines that are better than existing treatments and have the potential to significantly improve the lives of individuals afflicted by Alzheimer’s, BD, MDD and PTSD. To achieve these goals, we are pursuing the following key business strategies:
 
Β· Advance clinical development of AL001 for Alzheimer’s, BD, MDD and PTSD treatment;
 
Β· Advance clinical development of ALZN002 for Alzheimer’s treatment;
 
Β· Expand our pipeline of pharmaceuticals to include additional indications for AL001 and delivery methods;
 
Β· Focus on translational and functional endpoints to efficiently develop product candidates; and
 
Β· Optimize the value of AL001 and ALZN002 in major markets.
 
Our pipeline consists of two novel therapeutic drug candidates:
 
Β· AL001 - A patented ionic cocrystal technology delivering a therapeutic combination of lithium, salicylate and proline through three royalty-bearing exclusive worldwide licenses from the University of South Florida Research Foundation, Inc., as licensor (the β€œLicensor”); and
 
Β· ALZN002 - A patented method using a mutant peptide sensitized cell as a cell-based therapeutic vaccine that seeks to restore the ability of a patient’s immunological system to combat Alzheimer’s throu

Our most advanced product candidate (lead product) licensed and in clinical development in humans is AL001, an ionic cocrystal of lithium for the treatment of Alzheimer’s, BD, MDD and PTSD. Based on our preclinical data involving mice models, AL001 treatment prevented cognitive deficits, depression and irritability and is superior in improving associative learning and memory and irritability compared with lithium carbonate treatments, supporting the potential of this lithium formulation for the treatment of Alzheimer’s, BD, MDD and PTSD in humans. Lithium has been marketed for more than 35 years and human toxicology regarding lithium use has been well characterized, potentially mitigating the regulatory burden for safety data.
 

At-the-Market Offering
 
On October 3, 2024, we entered into an At-the-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC (the β€œATM Offering”), as sales agent to sell shares of our common stock, having an aggregate offering price of up to approximately $6.5 million from time to time, through the ATM Offering. On October 3, 2024, we filed a prospectus supplement with the SEC relating to the offer and sale of up to approximately $6.5 million in shares of common stock in the ATM Offering.
 
The offer and sale of the shares will be made pursuant to our effective β€œshelf” registration statement on Form S-3 and an accompanying base prospectus contained therein (Registration Statement No. 333-273610) filed with the SEC on August 2, 2023 and declared effective by the SEC on August 10, 2023.
 
During the six months ended October 31, 2024, we sold an aggregate of 755,888 shares of common stock pursuant to the ATM Offering for gross and net proceeds of $1.2 million. From November 1, 2024 to December 10, 2024, we sold an aggregate of 201,543 shares of common stock pursuant to the ATM Offering for gross and net proceeds of $280,000.



This year, Alzamend entered into a securities purchase agreement with an institutional investor to purchase up to $25 million of preferred stock and warrants over a two-year period. In addition, Alzamend entered into an at-the-market sales agreement, with the right of Alzamend to strategically sell up to $6.5 million of common stock at its option. Please see Alzamend’s Commission filings for additional information regarding these agreements and the terms of such financing transactions. β€œThese financing transactions have allowed us to greatly improve our financial situation” said Stephan Jackman, Chief Executive Officer of Alzamend. β€œIn the first six months of this fiscal year, we have gone from a stockholder deficit to several million in stockholder equity, significantly reduced our outstanding liabilities and increased our cash on hand. These financial improvements allowed us to regain compliance with all applicable requirements for our stock to continue to be listed on Nasdaq and provides us with the capital in preparation of the upcoming clinical trials to be initiated in 2025.”
ALZN The accompanying condensed financial statements have been prepared on the basis that the Company will continue as a going concern. As of October 31, 2024, the Company had cash of $4.1 million, working capital of $3.5 million, an accumulated deficit of $56.4 million and stockholders’ equity of $3.8 million. For the three and six months ended October 31, 2024, the Company had net losses of $1.4 million and $2.4 million, respectively. For the six months ended October 31, 2024, cash used in operating activities was $4.5 million. Historically, the Company has financed its operations principally through issuances of equity and debt instruments. 
 We intend to develop and commercialize therapeutics and vaccines that are better than existing treatments and have the potential to significantly improve the lives of individuals afflicted by Alzheimer’s, BD, MDD and PTSD. To achieve these goals, we are pursuing the following key business strategies: Β· Advance clinical development of AL001 for Alzheimer’s, BD, MDD and PTSD treatment; Β· Advance clinical development of ALZN002 for Alzheimer’s treatment; Β· Expand our pipeline of pharmaceuticals to include additional indications for AL001 and delivery methods; Β· Focus on translational and functional endpoints to efficiently develop product candidates; and Β· Optimize the value of AL001 and ALZN002 in major markets. Our pipeline consists of two novel therapeutic drug candidates: Β· AL001 - A patented ionic cocrystal technology delivering a therapeutic combination of lithium, salicylate and proline through three royalty-bearing exclusive worldwide licenses from the University of South Florida Research Foundation, Inc., as licensor (the β€œLicensor”); and Β· ALZN002 - A patented method using a mutant peptide sensitized cell as a cell-based therapeutic vaccine that seeks to restore the ability of a patient’s immunological system to combat Alzheimer’s throu
Our most advanced product candidate (lead product) licensed and in clinical development in humans is AL001, an ionic cocrystal of lithium for the treatment of Alzheimer’s, BD, MDD and PTSD. Based on our preclinical data involving mice models, AL001 treatment prevented cognitive deficits, depression and irritability and is superior in improving associative learning and memory and irritability compared with lithium carbonate treatments, supporting the potential of this lithium formulation for the treatment of Alzheimer’s, BD, MDD and PTSD in humans. Lithium has been marketed for more than 35 years and human toxicology regarding lithium use has been well characterized, potentially mitigating the regulatory burden for safety data. 
At-the-Market Offering On October 3, 2024, we entered into an At-the-Market Issuance Sales Agreement with Ascendiant Capital Markets, LLC (the β€œATM Offering”), as sales agent to sell shares of our common stock, having an aggregate offering price of up to approximately $6.5 million from time to time, through the ATM Offering. On October 3, 2024, we filed a prospectus supplement with the SEC relating to the offer and sale of up to approximately $6.5 million in shares of common stock in the ATM Offering. The offer and sale of the shares will be made pursuant to our effective β€œshelf” registration statement on Form S-3 and an accompanying base prospectus contained therein (Registration Statement No. 333-273610) filed with the SEC on August 2, 2023 and declared effective by the SEC on August 10, 2023. During the six months ended October 31, 2024, we sold an aggregate of 755,888 shares of common stock pursuant to the ATM Offering for gross and net proceeds of $1.2 million. From November 1, 2024 to December 10, 2024, we sold an aggregate of 201,543 shares of common stock pursuant to the ATM Offering for gross and net proceeds of $280,000.

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Roozy Roozy 2 months ago
Headed sub $1
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Roozy Roozy 2 months ago
Sucker
Ault the thief
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tw0122 tw0122 3 months ago
Add 1.10s on this micro float 
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tw0122 tw0122 3 months ago
Added some $1.20s chart wise makes
Sense lower descending W on chart making form . Tiny floater 
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Roozy Roozy 3 months ago
Baloney via the Ault baloney mill
Cost us 1/4 of a mill
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TheFinalCD TheFinalCD 3 months ago
GM 20122
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tw0122 tw0122 3 months ago
β€œThis is a major step towards potentially providing an important treatment innovation for the 43+ million Americans afflicted with Alzheimer’s, BD, MDD and PTSD. These results demonstrated the potential of AL001 to enhance brain-specific lithium delivery while minimizing systemic exposure in an Alzheimer’s disease mouse model, guiding development of enhanced lithium effectiveness and safety in human diseases,” said Stephan Jackman, Chief Executive Officer of Alzamend. β€œ
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tw0122 tw0122 3 months ago
Mice lithium dementia Alzheimer's bipolar. Gets a little bump here. In some $1.39 low floater 2m
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Roozy Roozy 4 months ago
Junk
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Roozy Roozy 4 months ago
Dust in the wind
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Awl416 Awl416 4 months ago
Don’t blink
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Roozy Roozy 5 months ago
Headed sub $1.25 on the way to .99 then……
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Monksdream Monksdream 5 months ago
ALZN under $2
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Roozy Roozy 5 months ago
Every day
Ault sells snake oil
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Monksdream Monksdream 5 months ago
ALZN new 52 week low
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Monksdream Monksdream 5 months ago
ALZN new 52=week low
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Monksdream Monksdream 5 months ago
ALZN new 52+week low
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Roozy Roozy 5 months ago
Now!!!
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Roozy Roozy 6 months ago
Headed sub $2 then submerged in the Aulty swamp
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Monksdream Monksdream 6 months ago
ALZN under $3
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Roozy Roozy 6 months ago
Doomed-dead-over
SUCKERS don’t be!!
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Roozy Roozy 6 months ago
$3…..$3
Hahahaha
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Roozy Roozy 6 months ago
down .60!!
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Roozy Roozy 6 months ago
Timber suckers
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TIMGZ TIMGZ 6 months ago
WAS ALREADY TO $5 IN JUST FEW HOURS AFTER TOUCHING THE $15
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TheFinalCD TheFinalCD 6 months ago
3 to 15 back to 4 in one day🥴
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PennyStockTrader2 PennyStockTrader2 6 months ago
bought as low as 4.77 in the aftermarket. Will start selling somewhere in the $6 range if its hit, nothings guaranteed
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Roozy Roozy 6 months ago
Ah see the Ault kiss of death?
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PennyStockTrader2 PennyStockTrader2 6 months ago
well, finally finally we got some serious movement. Glad I bought all the way down to 2 bucks, it was painful, but I got used to the pain. I sold out 3/4 of my total position at various prices up to the top and started trading back in for a trading position. Raise a huge amount of cash. A number of these stocks go thru this craziness (BTTR, SXTP) where its algos doing all or most of the trading. At $8 I would be a buyer under that, and a seller over 10 bucks. What it does nobody I repeat nobody knows, you dont have to know, you just need to be alert, take profits, and buy back in at reasonable prices. Dont make it more complicated than that. I probably should have sold my entire position but heck, it just kept going, crazy really.
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Roozy Roozy 6 months ago
Won’t
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Roozy Roozy 6 months ago
Pump/dump in effect
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Roozy Roozy 6 months ago
History dictates Ault stock dies
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Helter Skelter Helter Skelter 6 months ago
$ALZN +638% @ HOD 15.06...in play for dip & bounce...

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Helter Skelter Helter Skelter 6 months ago
WTF? Same news? On closer look...

Pretty clever, seems to have worked. Rack 'em, lol...

$ALZN

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glenn1919 glenn1919 6 months ago
ALZN..................................https://stockcharts.com/h-sc/ui?s=ALZN&p=W&b=5&g=0&id=p86431144783
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Invest-in-America Invest-in-America 6 months ago
ALZN: INDEED!!! (Just wait until the proverbial SHIT-HITS-THE-FAN behind this SCAMMING-PR's company!!!)

MAKE THAT MONEY!!!
🎯 1 👍️ 1
Invest-in-America Invest-in-America 6 months ago
ALZN: IDENTICAL "news" --- biggest SCAM PR of the year!!! (Will be on "60-Minutes" shortly.)

MAKE THAT MONEY!!!
🎯 1 👍️ 1

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