CytoDyn Form 8-K Summary (Nov 3, 2025)
CytoDyn entered a Standby Equity Purchase Agreement with Yorkville providing access to capital over 36 months.
Key Investor Metrics:
- Financing Type: Standby Equity Facility (ATM-like structure).
- Maximum Capital: Up to $30,000,000 aggregate commitment amount.
- Pricing: Shares sold at 98% of the lowest 3-day VWAP when drawn.
- Use of Proceeds: Expected for working capital and debt repayment.
Critical Details:
- The Company retains the right, but not the obligation, to sell shares.
- Issuances are c