Replies to post #194766 on Cytodyn Inc (CYDY)

[justdafactss]

Question was asked---

Shares are being sold in a private placement with no time restrictions on resale.
Nader constantly flaunts SEC rules, like sabotaging a submission and selling his shares a few days later… a little thing called insider trading.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166906033

Item 3.02 Unregistered Sales of Equity Securities.

CytoDyn Inc., a Delaware corporation (the “Company”), is providing this disclosure under Item 3.02 because, as of November 17, 2021, its unregistered sales of equity securities, in the aggregate, exceeded 1% of the shares of its common stock, par value $0.001 per share (the “Common Stock”), outstanding as of October 31, 2021.
https://www.sec.gov/Archives/edgar/data/1175680/000119312521338644/d173754d8k.htm

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[3X Charm]

The 8K is available on the Cydy website. Perhaps someone can read and explain the document to assist in understanding.