Cytodyn Inc (CYDY)

[kevindenver]

$CYDY board director resigned to join Scientific advisory board.
I guess it's getting hot in the kitchen as officer and director indemnification only covers so much risk.

http://archive.fast-edgar.com/20211221/AN22B22FZZ2RDTZ222TM2ZYRBBKGYZ22X232/d275567d8k.htm

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On December 15, 2021, Harish Seethamraju, M.D., notified the Chairman of the Board of CytoDyn Inc. (the “Company”) of his resignation from the Board of Directors, effective immediately. He indicated that his decision was due to his other pre-existing professional commitments and not due to a disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Dr. Seethamraju has agreed to join the Company’s Scientific Advisory Board as an alternative means of providing his expertise in support of the Company’s strategic endeavors.

But, but, but...big thinks are happening