{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-004282","form_type":"8-K","ticker":"CYDY","cik":"0001175680","company_name":"CytoDyn Inc.","filed_at":"2024-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.567983+00:00","generated_at":"2026-06-04T05:47:05.193646+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CytoDyn reports unregistered sales of ~20.6M shares and warrants for $3.5M; note exchange adds 10.4M shares","bullets":["Private placement of ~20.6M units at ~$0.17/unit raised ~$3.5M; each unit = 1 share + 5-yr warrant at $0.21.","Placement agent receives 13% cash fee + warrants for 15% of shares sold (~3.1M warrants, 10-yr term).","Convertible note exchange reduced principal by $1.5M, issued ~10.4M shares to note holder in Jan-Feb 2024.","Sales triggered disclosure because aggregate unregistered sales exceeded 5% of Dec 31, 2023 outstanding shares.","Issuances exempt under Rule 506(b) (private placement) and Section 3(a)(9) (exchange)."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-004282","json":"https://secwatch.observer/filing/0001558370-24-004282.json","markdown":"https://secwatch.observer/filing/0001558370-24-004282.md","text":"https://secwatch.observer/filing/0001558370-24-004282.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1175680/000155837024004282/0001558370-24-004282-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1175680/000155837024004282/cydy-20240322x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:47:05.193646+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"}