Cytodyn Inc (CYDY)

[justdafactss]

F that, How can warrants be issued to a non-existent LLC?

I dont know if you went to the G/C or not.

All I know is there was no screen shot from the DE SOS posted.

Thats only secondary to this DD anyways---

Hmmm, no 4-Good Ventures listed in DE or CA and yet it says here---

Warrants Issued to 4-Good Ventures LLC. On February 14, 2022, we entered into a Surety Bond Backstop Agreement (the “Backstop Agreement”) with David F. Welch, Ph.D., both individually and in his capacity as trustee of a revocable trust, LRFA, LLC, a Delaware limited liability company, and certain other related parties (collectively, the “Indemnitors”). Pursuant to the Backstop Agreement, the Indemnitors agreed to assist the Company in obtaining a surety bond (the “Surety Bond”) for posting in connection with the Company’s ongoing litigation with Amarex Clinical Research, LLC, by, among other things, agreeing to indemnify the issuer of the Surety Bond with respect to the Company’s obligations under the Surety Bond. Under the Backstop Agreement as amended in July and December of 2022, the Company issued to 4-Good Ventures LLC, an affiliate of the Indemnitors (“4-Good Ventures”), two warrants, each for the purchase of 15,000,000 shares of our common stock, as a backstop fee.
https://www.sec.gov/Archives/edgar/data/1175680/000110465923108379/tm2326381-3_424b3.htm

DE SOS link- https://icis.corp.delaware.gov/eCorp/EntitySearch/NameSearch.aspx

CA SOS link- https://bizfileonline.sos.ca.gov/search/business