secwatch.observer — SEC 8-K summary
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Issuer:     CytoDyn Inc. (CYDY)
CIK:        0001175680
Form:       8-K
Filed at:   2022-04-19T23:59:59+00:00
Accession:  0001193125-22-109507
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CytoDyn auditor Warren Averett resigns; MGO appointed as new auditor
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- Warren Averett resigned as CytoDyn's independent auditor effective April 13, 2022; audit committee did not recommend change.
- Audit committee appointed Macias Gini & O'Connell LLP (MGO) as new auditor on April 18, 2022, subject to client acceptance.
- Prior audit reports for FY2020 and FY2021 included a going concern qualification; no disagreements with Warren Averett.
- Material weakness in internal controls reported for Nov 30, 2021, related to errors in additional paid-in capital and non-cash interest.
- Warren Averett provided letter to SEC agreeing with CytoDyn's statements in this 8-K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1175680/000119312522109507/0001193125-22-109507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1175680/000119312522109507/d348249d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-109507

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