1m proceeds: On October 21, 2019, CytoDyn Inc.
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Posted On: 10/22/2019 8:41:57 AM
1m proceeds:
On October 21, 2019, CytoDyn Inc. (the “Company”), issued in private placements to accredited investors an aggregate of 1,000 shares of its Series C Convertible Preferred Stock, par value $0.001 per share, with an initial stated value of $1,000 per share (the “Series C Preferred Stock”), together with warrants to purchase an aggregate of up to 2,500,000 shares of its common stock, par value $0.001 (“Common Stock”) per share, with an initial exercise price of $0.30 per share (the “Series C Warrants”) for aggregate gross proceeds to the Company of approximately $1.0 million (the “Series C Offering”).
On October 21, 2019, CytoDyn Inc. (the “Company”), issued in private placements to accredited investors an aggregate of 1,000 shares of its Series C Convertible Preferred Stock, par value $0.001 per share, with an initial stated value of $1,000 per share (the “Series C Preferred Stock”), together with warrants to purchase an aggregate of up to 2,500,000 shares of its common stock, par value $0.001 (“Common Stock”) per share, with an initial exercise price of $0.30 per share (the “Series C Warrants”) for aggregate gross proceeds to the Company of approximately $1.0 million (the “Series C Offering”).
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