Replies to post #214185 on Cytodyn Inc (CYDY)

[bluefish1]

Here's the kicker. The discussion is moot. If CYDY was worried about effectiveness, they wouldn't have included this part in the S-3.

The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until this registration statement shall become effective on such date as the Commission acting pursuant to said Section 8(a), may determine.

They are able to subsequently file an amendment removing this language and stating that the S-3 will be effective 20 days later according to the Securities Act Section 8(a).

There's no "16:30 on a Friday" deadline here. Where does that stuff come from?

Right now, the SEC has 20 days to declare effectiveness or state why the registration isn't effective.