Manieu Alexandre Weinstein 4

What Happened

• Alexandre Weinstein, reported as a 10% owner (via Chutzpah Holdings LP / CHLP), acquired a total of 625,000 Common Shares and 625,000 Common Warrants in two private-placement closings (March 31, 2026 and April 21, 2026). The combined purchase price was $4.00 per share/warrant pair; Pluri allocated $2.00 to each Common Share and $2.00 to each Common Warrant, so Weinstein/CHLP paid $2.5 million in aggregate.
• The Common Warrants are exercisable immediately at $4.25 per share and expire 18 months after issuance (warrants from the March 31 closing expire ~Sept 30, 2027; warrants from the April 21 closing expire Oct 21, 2027). These warrants include standard anti-dilution protections and a hard 35% beneficial ownership limitation.

Key Details

• Transaction dates & amounts:
  • 03/31/2026: 312,500 Common Shares acquired @ $2.00/share = $625,000; plus 312,500 Common Warrants allocated @ $2.00 each = $625,000 (warrant instrument issued that day).
  • 04/21/2026: same as above for a second tranche (another 312,500 shares + 312,500 warrants; $1,250,000 total for that tranche).
  • Aggregate: 625,000 shares + 625,000 warrants; $2.5M total.
• Warrants: exercise price $4.25; 18‑month term from issuance; each warrant has a Beneficial Ownership Limitation (hard cap) of 35%.
• Prior related holdings: CHLP previously acquired 625,000 shares and 625,000 warrants under a Dec 8, 2025 SPA (reported Jan 5, 2026). Including those, CHLP acquired 1,250,000 shares (Dec + Mar/Apr closings) under the SPAs noted.
• Filing timeliness: The March 31 transaction was required to be reported within two business days (by April 2); this Form 4 was filed May 4, 2026 — the filing is late (the reporting persons state they will report timely going forward).
• Structure/ownership: Transactions were effected by CHLP, a vehicle beneficially owned by Mr. Weinstein; footnotes state Mr. Weinstein indirectly owns CHL and CHLP and disclaims beneficial ownership except to the extent of pecuniary interest.
• The Form allocates the $4.00 combined per-share price equally between share and warrant ($2.00 each), consistent with prior filings.

Context

• This is an acquisition (not a sale). Purchases by insiders or their affiliated vehicles can be seen as supportive of the company, but these purchases were made through a private-placement vehicle (CHLP) and include short‑dated warrants — not typical open-market purchases by an individual executive.
• For the warrants: they are exercisable immediately but subject to a 35% ownership cap; they expire within 18 months, so they provide near-term optional leverage rather than long-term options.
• Note: the filing lists transactions by the reporting persons and includes multiple affiliated entities; it does not, in this summary, specify Mr. Weinstein’s total individual beneficial ownership after these transactions.