Cytodyn Inc (CYDY)

[LOL83001]

Todays 8-K will certainly drive price down Weds. 968k warrants immediately exercisable at $1. dang, they didn't call me to invest. So ya buy for $1, immediate sell and at todays close of 1.29 you sell 1.25 x 1.29 = total of $1.61. 61% 1 day return to insiders at CYDY? And you want to keep this management in place?

From August 31, 2021 through September 7, 2021, CytoDyn Inc., a Delaware corporation (the “Company”), issued in a private placement to accredited investors a total of 3,872,000 shares of its common stock, par value $0.001 per share (the “Common Stock”), together with warrants to purchase a total of 968,000 shares of Common Stock at an exercise price of $1.00 per share. The securities were issued with a combined purchase price of $1.00 per fixed combination of one share of Common Stock and one quarter of one warrant to purchase one share of Common Stock, for total gross proceeds to the Company of $3,872,000. The warrants have a five-year term and are immediately exercisable. Copies of the forms of warrant and subscription agreement are filed as Exhibits 4.1 and 10.1, respectively, to this Current Report on Form 8-K. The foregoing summary of the terms of the forms of warrant and subscription agreement is subject to, and qualified in its entirety by, such documents, which are incorporated herein by reference