other material
confidence high
sentiment negative
materiality 0.75
CytoDyn raises $17.5M via private placement of 81.4M units at $0.2153 per unit
CytoDyn Inc.
- Private placement of ~81.4M units (share + warrant) to accredited investors for ~$17.5M in cash.
- Warrants have a 5-year term, exercise price $0.26 per share, fully exercisable at issuance.
- Direct sale of 3,944,773 shares for ~$1.0M on Jan 23, 2026 (no warrants).
- SEPA with Yorkville: ~0.8M shares issued for ~$0.2M in Jan 2026.
- Convertible note exchanges: $1.5M principal exchanged for ~5.9M common shares in Jan/Feb 2026.