CytoDyn announces resolution of class action lawsuit

CytoDyn (CYDY) has reached an agreement in principle to resolve the previously disclosed securities class action lawsuit that was initially filed in March 2021 against the Company and certain former officers. The case is pending in the United States District Court for the Western District of Washington and is titled Courter et al. v. CytoDyn Inc. et al. The parties reached an agreement in principle to resolve the matter on November 23, 2025. The agreement is subject to final court approval. Additional information is included in the Company’s current report on Form 8-K filed with the Securities and Exchange Commission on December 1, 2025, and will also be disclosed in subsequent reports filed with the SEC.