CytoDyn Secures $30 Million Equity Commitment from Yorkville Advisors

Reuters11-03
CytoDyn Secures $30 Million Equity Commitment from Yorkville Advisors

CytoDyn Inc. announced it has secured a $30 million funding commitment from Yorkville Advisors Global. Under the terms of the agreement, CytoDyn has the right to sell, and Yorkville is obligated to purchase, up to $30 million of CytoDyn's common stock over the next 36 months. The company will control the timing of all sales at its sole discretion, with no minimum commitments, penalties, or share classes such as warrants or derivatives involved. CytoDyn is not required to utilize the full amount and the arrangement imposes no restrictions on its operations. The proceeds are intended to support the further development of CytoDyn's leronlimab program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CytoDyn Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9566879-en) on November 03, 2025, and is solely responsible for the information contained therein.
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