---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-009569"
form_type: "8-K"
ticker: "CYDY"
cik: "0001175680"
company_name: "CytoDyn Inc."
filed_at: "2022-05-31T23:59:59+00:00"
generated_at: "2026-06-25T05:47:39.269089+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CytoDyn raises ~$8.8M in private placement of 34.6M units with warrants

## Summary
- Raised $8,834,500 gross from ~34.6M units (1 share + 0.75 warrant) via placement agent.
- Pricing: purchase & warrant exercise price at 85% of intraday VWAP on April 29, 2022 or final close date, whichever lower.
- Placement agent fee: 13% cash + 10-year warrants for 13% of shares sold + $50K expense fee.
- Issued 23,651 shares to a former executive officer for $8,042 severance payment.
- Exemptions relied on: Rule 506 of Reg D and Section 4(a)(2).

## SEC filing metadata
- accession: 0001558370-22-009569
- form_type: 8-K
- ticker: CYDY
- cik: 0001175680
- company_name: CytoDyn Inc.
- filed_at: 2022-05-31T23:59:59+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/1175680/000155837022009569/0001558370-22-009569-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175680/000155837022009569/cydy-20220524x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-009569
- JSON: https://secwatch.observer/filing/0001558370-22-009569.json
- Plain text: https://secwatch.observer/filing/0001558370-22-009569.txt

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