---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-002706"
form_type: "8-K"
ticker: "CYDY"
cik: "0001175680"
company_name: "CytoDyn Inc."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T14:21:08.285668+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-23-002706
- form_type: 8-K
- ticker: CYDY
- cik: 0001175680
- company_name: CytoDyn Inc.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1175680/000155837023002706/0001558370-23-002706-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175680/000155837023002706/cydy-20230224x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-002706
- JSON: https://secwatch.observer/filing/0001558370-23-002706.json
- Plain text: https://secwatch.observer/filing/0001558370-23-002706.txt

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