Gazzaley Adam 4
4 · Akili, Inc. · Filed Jul 2, 2024
Insider Transaction Report
Form 4
Akili, Inc.AKLI
Gazzaley Adam
Director
Transactions
- Disposition from Tender
Common Stock, par value $0.0001
2024-07-02−1,089,314→ 0 total
Footnotes (1)
- [F1]Reflects disposition of shares of common stock (each, a "Share") of the Issuer at a price per Share of $0.4340 (the "Offer Price") pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 29, 2024, by and among the Issuer, Virtual Therapeutics Corporation, a Delaware corporation ("Parent") and Alpha Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Purchaser"), Purchaser completed a tender offer for shares of common stock of the Issuer and thereafter merged with and into the Issuer, effective as of July 2, 2024 (the "Effective Time") with the Issuer surviving the merger. As of the Effective Time, each Share held by the Reporting Person or his affiliates was converted into the Offer Price.