{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-015074","form_type":"8-K","ticker":"CYDY","cik":"0001175680","company_name":"CytoDyn Inc.","filed_at":"2023-08-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.314583+00:00","generated_at":"2026-06-11T07:27:52.847195+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CytoDyn discloses unregistered equity sales raising ~$3.5M with heavy dilution","bullets":["Converted $2.0M of convertible note principal into ~9.8M shares via exchange; relied on Section 3(a)(9).","April 2023 private placement sold ~0.5M units at $0.23/unit; net proceeds ~$0.1M.","Mid-2023 offering raised ~$1.1M from 5.4M units at ~$0.20/unit; placement agent gets 12% fee plus warrants.","$2.3M placement agent notes converted into ~11.5M shares at $0.20/unit; additional ~11.5M warrants issued at $0.306/share.","Aggregate dilution from these transactions exceeds ~22M shares plus warrants; registration of resale shares committed."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-015074","json":"https://secwatch.observer/filing/0001558370-23-015074.json","markdown":"https://secwatch.observer/filing/0001558370-23-015074.md","text":"https://secwatch.observer/filing/0001558370-23-015074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1175680/000155837023015074/0001558370-23-015074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1175680/000155837023015074/cydy-20230811x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T07:27:52.847195+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}