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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Warrants (Right to Buy) | 07/02/2019 | 07/01/2024 | Ordinary Shares, par value $0.0001 per share | 32,500,000 | $ 0.03 | I | PranaBio Investments LLC |
| Warrants (Right to Buy) | 02/21/2020 | 02/21/2025 | Ordinary Shares, par value $0.0001 per share | 25,000,000 | $ 0.022 | I | PranaBio Investments LLC |
| Warrants (Right to Buy) | 03/03/2020 | 03/03/2025 | Ordinary Shares, par value $0.0001 per share | 5,000,000 | $ 0.022 | I | PranaBio Investments LLC |
| Warrants (Right to Buy) | 01/04/2022 | 01/04/2027 | Ordinary Shares, par value $0.0001 per share | 12,500,000 | $ 0.0165 | I | PranaBio Investments LLC |
| Warrants (Right to Buy) | 03/10/2022 | 03/10/2027 | Ordinary Shares, par value $0.0001 per share | 50,000,000 | $ 0.014 | I | PranaBio Investments LLC |
| Warrants (Right to Buy) | 09/14/2022 | 09/14/2024 | Ordinary Shares, par value $0.0001 per share | 150,000,000 | $ 0.0085 | I | PranaBio Investments LLC |
| Warrants (Right to Buy) | 09/14/2022 | 09/14/2029 | Ordinary Shares, par value $0.0001 per share | 150,000,000 | $ 0.0085 | I | PranaBio Investments LLC |
| Warrants (Right to Buy) | 10/06/2023 | (1) | Ordinary Shares, par value $0.0001 per share | 96,774,000 | $ 0.0001 | I | PranaBio Investments LLC |
| Stock Option (Right to Buy) | (2) | 12/29/2033 | Ordinary Shares, par value $0.0001 per share | 5,000,000 | $ 0.0016 | D | |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Patel Samir Rashmikant C/O AKARI THERAPEUTICS, PLC 22 BOSTON WHARF ROAD FL 7 BOSTON, MA 02210 |
X | |||
| /s/ Rachelle Jacques, as Attorney-in-Fact for Samir Patel | 01/02/2024 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Pre-funded warrants exercisable until exercised in full. |
| (2) | Non-qualified stock option granted under the Issuer's 2023 Equity Incentive Plan. The stock option vests and becomes exercisable ratably in three equal installments with the first installment vesting on the date of the first Annual General Meeting ("AGM") following the date of the grant, and with the second and third installments vesting, respectively, on the dates of the second and third AGM's following the date of the grant, subject to the non-employee director's continued service with the Issuer. |
| Remarks: See Exhibit 24.1 - Power of Attorney |
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