CytoDyn raises $4.8M via private placement of 17.6M units at 85% of VWAP

CytoDyn Inc.

Issued 107,707 shares to former exec for $36,671 in severance satisfaction.
Received commitments for ~17.6M units (1 share + 3/4 warrant) raising $4,785,000.
Warrants: 5-year term, exercise price = 85% of intraday VWAP on pricing date.
Placement agent: 13% cash fee plus warrants for 13% of shares sold in offering.
Company to file resale registration statement within 90 days of final closing.

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