As of February 28, 2025, CytoDyn Inc. had approxim

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As of February 28, 2025, CytoDyn Inc. had approximately 224 million warrants outstanding, with a weighted average exercise price of $0.25 per share and an average remaining term of 3.87 years.

The exercise prices of these warrants vary, ranging from $0.09387 to $1.00 per share,

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As the share price goes up and the warrants near expiration the more likely they'll be exercised. If all those shares are exercised that's $56 million for the company. A tidy little sum to advance trials.