CytoDyn raises $21.8M in private placement of units; corrects warrant exercise price to $0.30

CytoDyn Inc.

Raised $21.8M gross via 85.4M units at $0.255/unit; each unit = one share + 0.75 warrant.
Warrants have 5-year term, exercise price corrected to $0.30 (120% of unit price).
Placement agent receives 13% cash fee, $50k expense fee, and 19.4M 10-year warrants.
Issued 43,657 shares to former executive officer for severance payment of $15,523.
Offering exempt under Rule 506/Reg D and Section 4(a)(2); resale registration planned within 90 days.

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