CEL-SCI Corp (CVM) Prices 16M Share Offering
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CEL-SCI Announces Pricing of $2.5 Million Offering
March 17, 2025 3:24 PM UTCVIENNA, Va.--(BUSINESS WIRE)-- CEL-SCI Corporation (CEL-SCI or the Company) (NYSE American: CVM), a Phase 3 cancer immunotherapy company, today announced the pricing of a best-efforts offering of 16,000,000 shares of its common stock (or pre-funded warrants (Pre-Funded Warrants) in lieu thereof). Total gross proceeds from the offering, before deducting the placement agents fees and other offering expenses, are expected to be approximately $2,560,000. The offering is expected to close on March 18, 2025, subject to satisfaction of customary closing conditions.
The Company intends to use the net proceeds from the offering to fund the continued development of Multikine,... More
