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justdafactss

04/28/21 10:46 PM

#162293 RE: MelsDollars #162275

8K due today, new hire smoke and mirrors deflection---

VANCOUVER, Washington, April 22, 2021 (GLOBE NEWSWIRE) -- CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company"), a late-stage biotechnology company developing leronlimab (Vyrologix or PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today it completed an additional potentially non-dilutive convertible debt offering with an institutional investor, which provides $25 million of immediately available capital. The note has a two-year maturity, bears interest at the rate of 10% per annum and is secured by all assets of the Company, excluding its intellectual property. The note may be converted at the option of the investor into shares of the Company’s common stock at a conversion price of $10.00 per share.
https://markets.businessinsider.com/news/stocks/cytodyn-completes-28-5-million-convertible-note-financing-with-conversion-rate-at-10-00-per-share-without-warrants-1030336172

Yep, 4 business days from 4/22/21 means there is a 8K due TODAY for the above PR.