---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-023856"
form_type: "8-K"
ticker: "CYDY"
cik: "0001175680"
company_name: "CytoDyn Inc."
filed_at: "2026-03-05T23:59:59+00:00"
generated_at: "2026-05-15T19:21:01.883498+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CytoDyn raises $17.5M via private placement of 81.4M units at $0.2153 per unit

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-023856
- form_type: 8-K
- ticker: CYDY
- cik: 0001175680
- company_name: CytoDyn Inc.
- filed_at: 2026-03-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1175680/000110465926023856/0001104659-26-023856-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175680/000110465926023856/cydy-20260227x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-023856
- JSON: https://secwatch.observer/filing/0001104659-26-023856.json
- Plain text: https://secwatch.observer/filing/0001104659-26-023856.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.