CytoDyn reports unregistered equity sales of ~$3.7M; President invests $100K

CytoDyn Inc.

Private placement raised ~$3.6M from ~15.7M units at $0.23/unit; warrants exercisable at $0.50 for 5 years.
President Dr. Cyrus Arman invested $100,000 for ~434,782 units on same terms as placement.
Issued warrant to Dr. David F. Welch for 7.5M shares at $0.10 exercise price under Surety Bond Backstop.
Total unregistered sales exceeded 5% of outstanding common stock as of Feb 1, 2023.

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