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My main concern is the question posed in the tweet. You didn't say a word when Nader, Scott, et al were draining the coffers and act now like you were anti Nader.
"CYDY management earned $1.594M for 3 months - for what?"
Since when is some earned income a bad thing? Interesting, perhaps more on the way?!!
Not grim at all. However, here are some grim factors that have nothing to do with the basic fundamentals.
It is called a short attack by those who are threatened by the powerful potential of Leronlimab.
Date Close High Low Volume Short Volume % of Vol Shorted
Apr 15 NA NA NA 4,669,367 2,012,826 percent 43
Apr 17 NA NA NA 700,478 226,705 percent 32
Shorts come up price goes down
Shorts come down price goes up
Shorts come off, PPS skyrockets
$$CYDY$$ Home of leronlimab. We got it, they want it. That's what all the fuss is about. If it was justaSaline solution, it would be justaNada justaNofacts!!
PROVE IT with links or screen shots--- Do what my investigations did- call FDA. Answer is yes and confirmed.
RE: Dr. Lalezari (current CYDY CEO) served as Principal Investigator on clinical trials conducted for Merck, Bayer, Pfizer, and Roche,
The "lame bashing technique" is based on and confirmed with links by verifiable SEC filings, PRs, and conference call yip yap.
Ohhh, looky, it climbed to 15 cents today.
LAUGHING at hurt dupes.
Do what my investigations did- call FDA. Answer is yes and confirmed. If you read disclaimer on on clinical trials it clearly written the fda does not confirm or deny info on site. Move to next bashing method. You fail everyday as Basher. Can you provide us a link on how lame your bashing technique is?
Good tweet that lays out the grim reality here.
"CYDY management earned 1.594m$ for 3 months - for what?"
Big salaries zero results
Please confirm it’s $.14! That was the point
Thanks for the tip on a different stock!
I know .13 may seem cheap but the market cap of the company is huge guys. This is an expensive stock for the assets they have. They need to raise quite a bit of money to keep this scam going. You guys should take the money you guys have and move on.
I have trolled this msg board in the past with $4.20 price tgt when they filed the BLA which doesn’t seem like it is ever going to happen.
When investing focus on drugs with unmeet needs like KRYS. Here CCR5 mutation is filled with Selzentry. My .02 is move on.
What has been accomplished since the hold was lifted???
Why go fish for you when documents don’t matter unless it’s EDGAR.
So again, was the hold lifted in the 10Q?
All of you that just want to sling insults at each other - take it here: https://investorshub.advfn.com/Middle-School-Playground-37. Otherwise, you're going to find yourself restricted at minimum on this board.
Here's something to keep in mind when you believe CYDY is a piece of trash. CYDY has the one MAB that people want. While some here are trashing CYDY. others are trying/dying for Leronlimab.
by Miranda Erlanson, Organizer
I am in the Leronlimab clinical trial (Atlanta, Georgia) and had mild side effects that helped show me I am really receiving the drug and not the placebo!! I am still quite disabled, but I have drastic improvements in my quality of life!!! It’s a miracle!
Less dizziness‼️
No squeezing heart feeling‼️
No BP changes anymore‼️
NO HIGH HEART RATE‼️
No more brain inflammation‼️‼️
No brain fog‼️
No migraines‼️
Less chest pain‼️
Less to almost no fevers‼️
Less Weakness‼️
Much less tinnitus‼️
Barely coughing any blood‼️
I only use my wheelchair for activities that require extensive time or movement!!
I have been been informed my teaching position is cut.
School denied me unemployment. Taught through pandemic. Denied disability.
Need help pay $250 for marketplace insurance March and April payments. I paid February and they kept it open. Paying up will give me prescription coverage again!
I have somewhere to sleep until April 23rd!! So lucky and blessed by family and friends.
HAVE YOU NOTICED THE WIDE SPREAD - THIS IS NOT GOOD NO LIQUIDITY ONLY VICTIMS HOLDING THE BAG
And what does this Cytodyn PR say?--- Dr. Lalezari served as Principal Investigator on clinical trials conducted for Merck, Bayer, Pfizer, and Roche, to name a few.
https://www.biospace.com/article/releases/cytodyn-selects-b-quest-clinical-research-b-for-next-trial-of-hiv-aids-immune-therapy-/
Is the above quote true or false?
Pretty sure I asked you about this but you never gave a response.
Point out on the clinical trial.gov website where the current CEO (Lalezari) served as Principal Investigator on clinical trials conducted for Merck, Bayer, Pfizer, and Roche.
Please, no idiotic mumbo jumbo which you 14 cent per share dupes are famous for, just answer the fucking question.
My farts cure more disease than leronlimab
Don’t be daft: by itself it means little. There are over 3000 publicly traded companies that do not have FDA holds. What CYDY needs is a path to approval and therefor revenue, a partner, or some other positive business development to go with the hold being lifted. Not a lot of wheels spinning up there, huh?
It's pretty obvious lifting the hold didn't mean squat for this trash. LAUGHING
Now what does the latest 10 >>> Q<<<
Say?
😂
I see that you still cannot read or decipher dates. Did your dumb ass not see the date of that? May 2023? Lord help the hillbilly- send him Leronlimab. Talk about running out of ammo, your in deep shit if this is what you've become- go back to bashing school
The hold was lifted IN THE LATEST 10Q. Wait 3-mo for the new 10K.
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001175680/000155837024005134/cydy-20240229x10q.htm
100% absolute PROOF of how stupid these longs are--- So was the Hold Lifted in the 10K or does it need to be 8K’d?
Heres what the 10K says dumdum:
In particular, there is no guarantee that the FDA will lift the partial clinical hold placed on our HIV program.
https://www.sec.gov/ix?doc=/Archives/edgar/data/1175680/000155837023015718/cydy-20230531x10k.htm
WOW Monroe ,Great post ,
And great question in this article..
" Why is Biopharma Paying 75% of the FDA's Drug Division Budget "
Yes , why this is allow ,
and drug as Aduhelm is approved , and drug as leronlimab is not !!!!!
Until this will change , poor us , present and the future patients.. !!!!!
All imo.
GLTU.
Expecting the FDA to clean up their act should there be a new sheriff in town. The medical scientist with integrity are fed up with the revolving door.
https://www.fiercepharma.com/pharma/biogen-grants-ceo-viehbacher-4m-2023-pay-after-massive-welcome-package
If they cannot persuade them logically, just flash some cash. https://www.science.org/content/article/hidden-conflicts-pharma-payments-fda-advisers-after-drug-approvals-spark-ethical
And the ultimate question.....? https://www.forbes.com/sites/johnlamattina/2022/09/22/why-is-biopharma-paying-75-of-the-fdas-drug-division-budget/?sh=1cd8cd0f7480
I find it quite amazing the investors in CytoDyn are not dissuaded in the least about the bargain prices brought to us by shorting tactics from Pig Pharma's
Pigeon Coop.
Go Dr. Jay. $$CYDY$$ 2024 Go Sidley Go. Leronlimab, we got it, some lucky company will be allowed to partner for a little piece. Expecting it.
13 CENTS COMING - CRAZY EXPENSIVE FOR A SELF-DESTRUCTING SCAM
expecting CYDY to continue to go lower
You absolutely right..
This is why I don't believe Dr Jay will not help with much faster enrollment for this study , I believe he said during one of our CC , he himself treated over 270 patients with leronlimab , there were some with Covid and cancers,
But majority of his patients were with HIV..
I will almost consider HIV Dr Jay specialty !!!
All IMO.
GLTU.
Congrats longs, an FDA hold was lifted and the company isn't bankrupt. What achievements!
Also, with all of DrJs experience and working with the drug/ HIV, he may already know of many patients that may want to enroll in the study.
There is no clarity? I beg to differ. I get it. You just want results. But we have a history of the management of the company that is crap.
As the posters that have been banging the message as anti-CYDYers, the longs are the losers. For now.
You have no idea who Jay Lalezari is. "A great guy."
Look at his credentials. Read some of the court testimony in emails and then come back and tell us what we already know about him.
First , immune activation , inflammation study is a 6 months long study.
I am not sure it will take 12 months to enroll this 90 patients , so why to assume this.
In the mean time as Dr Jay said , they looking for partnerships , it could be cancer , NASH , Long Covid , Alz or many others ,
Lets see pre clinical study for Glioblastoma and Alz ..
Settlement with Amarex may happen any time now , before November 11 , actually I will be surprised if Amarex will not settle before .
Yes , maybe nothing , but maybe something , or somethings very important will happen this year....
All imo.
GLTA longs..
What's the explanation for the stock being at all time lows? Well, it's not short-sellers, bashers, or BP, or any of that BS peddled on pumper's paradise (aka Investors Hangout).
It's painfully simple. There is no clarity whatsoever when this company will move toward generating revenue. Sorry for the broken record message, but it is what it is. And this exploratory trial that starts this Fall, takes 18 months, and which will not qualify for any type of approval (as the FDA themselves said explicitly), doesn't qualify as moving toward generating revenue. 2026 until we get results that don't qualify for an approval?
I think Jay Lalezari is a great guy. But he has no experience pulling off anything like this - this is a much different and more challenging animal than what he did at Quest. I am pulling for him, as i don't want a total loss on my shares. But the market seems to be betting that he won't pull this off with this current plan.
So was the Hold Lifted in the 10K or does it need to be 8K’d?
The secret part and the funniest by far is WHY THIS KEY DEADLINE HAS BEEN PUSHED BACK TO NOVEMBER
BWA AH AH AH AH
Yes , thank you , it may be this ,
but my understanding they are in talks from now until then.
Personally I will be surprise if they will not settle some months before.
But yes , this was for us not a great news.
Thank you.
GLTU.
May have been news the mediation moved to Nov. 11th and some got the news before others.
Ok 5.95 , that could be why , but it was hard to watch !!!
Lets have a better day today !!!!
GLTU.
All stocks had a bad day yesterday. It doesn't take much for CYDY's SP to look even worse.
Yesterday was a difficult day for us , so suddenly I see price is going down , i saw no news ,
I figure I will add a little. , I put order for 70K for 0.146 . It filled and couple of minutes later it was in 0.12s
I cumulated enough , but I try to learn trading stocks , I figure I will sell for 0.40-0.50 one day …
It was hard to believe .the dropping of pps yesterday ..
I can’t see any bad news , I don’t know why ??
Possibly because 10Q leak ????
But we didn’t expect a great 10Q ,so I am not sure .
In the court they actually talking that FDA is very bias and court agreed to have emails from 3 more employees .
I thought it is positive for CYDY .
I don’t know , something should break soon . Some news should be here ,
I like to have a partner . Since we have no money but a great drug , I hope soon ,
I know I am hoping for it since a long time time , but Dr Jay said , partnership is important to him too ..
So let’s go CYDY .
People need leronlimab
All imo
GLTA longs
AH AH AH
MANAGEMENT IS "AVERAGING DOWN" THE TREASURY
MORN1 AND MISSYOU HOLDING THE BAG
Very helpful. Thank you.
$1.3 mil cash LAUGHING SO HARD IT HURTS
Scott Kelly, Nader Pourhassan, Nithya Ray, Mike Mulholland, John Fife, and David Faribanks Welch are all laughing their ass off while cashing checks or having cashed checks. When told the longs actually believe this drugs works, those gentlemen all started laughing hysterically.
It’s posts like this that give you away!
You call people names and dare them to short the stock. The stock was $.24 that day and hit the $.12’s today. Sounds like a helluva profit
So, was your prediction accurate or the person you attacked and would have made money shorting it.
We can go through more misguided drivel that you posted but you get the point! I get the sense you’re in a real bad spot right now so I’ll help you… sell every share first thing tomorrow because this will eventually go to $0.00
The company’s SEC filing wasn’t an assumption. It’s clear you don’t know how this game works. Show me what part of my post was a bash?
It was a set of facts! Facts you don’t like. You have the gall to question my motivation, which my predictions have been 99% correct while singing the praises of internet docs telling tall tales for money?
You will lose every cent on this stock! That’s a fact.
You were warned, that’s a fact!
Just own it!
Agree, they are a joke
A lot of assumptions on your part as usual
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DISCLAIMER:
Securities and Exchange Commission and Department of Justice Investigations
The Company has received subpoenas from the United States Securities and Exchange Commission requesting documents and information concerning, among other matters, leronlimab, the Company’s public statements regarding the use of leronlimab as a potential treatment for COVID-19 and related communications with the FDA, investors, and others, and trading in the securities of CytoDyn. The SEC has informed the Company that this inquiry should not be construed as an indication that any violations of law have occurred or that the SEC has any negative opinion of any person, entity or securities trading activity.
In addition, the Company and certain of its executives have received subpoenas in connection with an investigation being conducted by the United States Department of Justice. The subpoenas seek testimony and/or records concerning, among other matters, leronlimab, the Company’s public statements regarding the use of leronlimab as a potential treatment for COVID-19 and related communications with the FDA, investors, and others, and trading in the securities of CytoDyn.
Securities and Exchange Commission and Department of Justice Investigations
The Company has received subpoenas from the United States Securities and Exchange Commission (“SEC”) and the United States Department of Justice (“DOJ”) requesting documents and information concerning, among other matters, leronlimab, the Company’s public statements regarding the use of leronlimab as a potential treatment for COVID-19, HIV, and triple-negative breast cancer, related communications with the FDA, investors, and others, litigation involving former employees, the Company’s retention of investor relations consultants, and trading in the Company’s securities. Certain Company executives have received subpoenas concerning similar issues and may be interviewed by the DOJ or SEC in the future. The SEC informed the Company that its inquiry should not be construed as an indication that any violations of law have occurred or that the SEC has any negative opinion of any person, entity or security.
The Company is cooperating fully with these non-public, fact-finding investigations, and as of the date of this filing, the Company is unable to predict the ultimate outcome and cannot reasonably estimate the potential possible loss or range of loss, if any.
VANCOUVER, Washington, March 30, 2022 (GLOBE NEWSWIRE) -- CytoDyn Inc. (OTCQB: CYDY) ("CytoDyn" or the "Company"), a late-stage biotechnology company developing leronlimab, a CCR5 antagonist with the potential for multiple therapeutic indications, announced that the U.S. Food and Drug Administration (FDA) has placed a partial clinical hold on its HIV program and a full clinical hold on its COVID-19 program in the United States. Further, the Company elected to pause its Brazil COVID-19 trials pending results from its previously scheduled data safety monitoring committee meeting and is in the process of reevaluating the timing of its HIV BLA resubmission.
The Company was not enrolling any new patients in the trials placed on hold in the United States. The partial clinical hold on the HIV program impacts patients currently enrolled in extension trials. These patients will be transitioned to other available therapeutics and no clinical studies can be initiated or resumed until the partial clinical hold is resolved. CytoDyn intends to work closely with the FDA to resolve the partial clinical hold as soon as possible. Under the full clinical hold on the COVID-19 program, no new clinical studies may be initiated until the clinical hold is resolved. The Company is not currently conducting any COVID-19 trials in the United States, as it is evaluating the most optimal programs on which to focus its resources and attention.
“CytoDyn is committed to FDA compliance,” said Scott A. Kelly, M.D., Chief Medical Officer of CytoDyn. “We are evaluating our clinical programs and are working to resolve the issues underlying the clinical holds as soon as possible in close communication with the FDA. We will provide an update when we have additional information.”
Up to 205,652,848 Shares of Common Stock
This prospectus supplement updates, amends and supplements the prospectus dated October 11, 2023, relating to our Registration Statement on Form S-1 (Registration No. 333-272815) (as supplemented or amended from time to time, the “Prospectus”). Capitalized terms used in this prospectus supplement and not otherwise defined herein have the meanings specified in the Prospectus.
This prospectus supplement is being filed to supplement the Prospectus with the following information:
The information in this prospectus supplement includes forward-looking statements relating to, among other things, future clinical trials and our business strategy. The reader is cautioned not to rely on these statements, which are based on our current expectations. Please see below for additional information about risks involving our securities.
This prospectus supplement is not complete without the Prospectus. This prospectus supplement should be read in conjunction with the Prospectus, which is to be delivered with this prospectus supplement, and is qualified by reference thereto, except to the extent that the information in this prospectus supplement updates or supersedes the information contained in the Prospectus. Please keep this prospectus supplement with your Prospectus for future reference. The Prospectus, together with this prospectus supplement, relates to the resale of up to 74,903,789 shares of our common stock, par value $0.001 per share (the “common stock”), and 130,749,059 shares of our common stock underlying certain warrants (collectively, the “Shares”), by the selling stockholders identified in the Prospectus under “Selling Stockholders”.
Our common stock is quoted on the OTCQB of OTC Markets Group, Inc. under the symbol “CYDY.” On February 29, 2024 the closing price of our common stock was $0.2575 per share.
Investing in our securities involves risk. You should carefully consider the risks that we have described under the section captioned “Risk Factors” in the Prospectus on page 8 and in Part II, Item 1A of the 2024 Second Quarter 10-Q before buying our securities.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if the Prospectus or this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.
The date of this prospectus supplement is March 1, 2024.
November 3, 2023
November 2023 Letter to Shareholders
Dear Shareholders,
We write to provide an update on CytoDyn Inc. (“CytoDyn” or “Company”), and to thank you for your continued support of the Company.
Throughout our history, CytoDyn has made great strides in developing leronlimab from a single indication molecule into a platform molecule with the potential for multiple therapeutic indications. Through CytoDyn’s investment in clinical trials, we have generated valuable data demonstrating how leronlimab might be used in HIV, oncology, metabolic dysfunction-associated steatohepatitis (“MASH” formerly “NASH”), and metabolic dysfunction-associated steatotic liver disease (“MASLD”). We have also successfully transferred our manufacturing technology allowing us to manufacture leronlimab at scale in preparation for clinical trials and potential FDA approval.
Fiscal year 2023 proved to be a very difficult year for CytoDyn. We had planned to be off clinical hold and back to conducting clinical trials by now. Unfortunately, to date, we have been delayed in our efforts to satisfy the FDA with our clinical hold submission(s). We have embarked on a more comprehensive effort to resolve the FDA’s lingering questions. These efforts include the Company’s hosting of a number of advisory board meetings with key opinion leaders (KOLs). Adding to our delay was the unanticipated medical leave taken by our then President, Dr. Arman creating additional delays in our subsequent resubmission.
However, these unforeseen circumstances provided the time needed to help us gain new insights and understanding of leronlimab in the current HIV treatment environment. Further, we were able to receive and incorporate the perspectives of some of the top HIV KOLs worldwide as to how they believe leronlimab can play a significant role in helping HIV patients, notwithstanding other therapeutic options currently available to patients. As part of this process, the Company engaged various new clinical, regulatory, and medical consultants and advisors with relevant experience and expertise that we believe will continue to benefit the Company for years to come.
The Company has taken necessary actions to position us for near-term and long-term success. During the last fiscal year, the Company implemented significant reductions to its workforce, cash burn rate, and operating expenses, in order to conserve our resources and devote them to critical corporate priorities. In addition to our work in HIV, we have worked with top experts to develop a MASH clinical trial protocol and identify potential MASH pre-clinical combination therapy trial concepts, which trials we believe could be attractive to a partner and position the Company for a greater chance of success within the MASH space. We also began development of a longer-acting therapeutic with a partner who has a very strong and reputable artificial intelligence (“AI”) platform, which we believe may provide significant increases in shareholder value in the years to come. We also believe that the Company is positioned for success in the Amarex litigation. We fully funded Sidley Austin LLP – the preeminent law firm representing the Company in this matter, filed a more-detailed statement of claim, and scheduled a final hearing date (August 12, 2024) in the arbitration.
We understand that CytoDyn’s recent challenges may have tested your confidence. We want to assure you that we remain dedicated to developing important therapeutics that can make a difference in
patients' lives, and at the same time provide value for our shareholders. Again, we are grateful for your ongoing support and trust.
We will continue our efforts to prioritize and execute on goals that will enhance value for all shareholders. Our efforts are focused on successfully completing the resolution of the FDA’s partial clinical hold – having recently made a submission that we hope will be successful – and strengthening our leadership team. Additionally, the Company will be evaluating the various potential indications for leronlimab to maximize the effective and efficient use of our resources. We have always believed leronlimab holds great promise, and we are determined to explore all avenues by which patients and medical practitioners can benefit from its use. We believe that with the improvements we have made and continue to pursue, our company is positioned for long-term success.
We deeply value your investment in CytoDyn and are committed to acting in your best interests. We look forward to continuing to communicate as additional developments occur. We realize the updates above may not answer all the questions you have. We therefore include a November 2023 “Frequently Asked Questions” supplement with this letter. This FAQ supplement is something we intend to update from time to time and it will be posted on the Company’s website in the near future.
Finally, in advance of our upcoming Annual Meeting on November 9, 2023, we want to remind you to submit your votes, if you have not already done so. If you were a shareholder as of September 11, 2023, you are considered a shareholder of record. Notably, the Company has asked for the shareholders’ approval to amend the Company’s Certificate of Incorporation to increase the total number of authorized shares of common stock. This increased share allowance is critical to the ongoing viability of the Company, and we therefore encourage everyone to vote if you have not already done so. If you have any questions or require any assistance in voting your shares, please call the Company’s proxy solicitor, Alliance Advisors LLC, at (833) 814-9456.
Sincerely,
Tanya Durkee Urbach
Board Chair
Note Regarding Forward-Looking Statements
This letter and the accompanying Frequently Asked Questions supplement contain forward-looking statements relating to, among other things, future operating and financial performance, product development, market position and business strategy. The reader is cautioned not to rely on these statements, which are based on current expectations of future events. For important information about these statements and/or our Company, including the risks, uncertainties and other factors that could cause actual results to vary materially from the assumptions, expectations and projections expressed in any forward-looking statements, the reader should review the Annual Report on Form 10-K for the fiscal year ended May 31, 2023, including in the sections captioned “Forward Looking Statements” and “Item 1A. Risk Factors”, as later supplemented by our Form 10-Q for the quarter ended August 31, 2023, in the section captioned “Item 1A. Risk Factors”. CytoDyn Inc. does not undertake to update any forward-looking statement as a result of new information or future events or developments.
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