CytoDyn amends surety bond backstop deal; warrant exercise price cut to $0.20, indemnity extended to Nov 15

CytoDyn Inc.

Warrant exercise price reduced from $0.30 to $0.20 per share for 30M shares of common stock.
Make-Whole Warrant for 15M shares becomes immediately exercisable; previously contingent on indemnitor payment.
Deadline for Indemnitors' surety bond indemnity extended from Aug 13 to Nov 15, 2022.
Registration statement filing deadline for warrant shares extended to Dec 31, 2022.
Indemnitors waive share reservation requirement until stockholder vote on 350M share increase by Oct 14, 2022.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.