secwatch.observer — SEC 8-K summary
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Issuer:     CytoDyn Inc. (CYDY)
CIK:        0001175680
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0001104659-26-023856
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1175680/000110465926023856/0001104659-26-023856-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1175680/000110465926023856/cydy-20260227x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-023856

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer