CEL-SCI prices public offering of 16.13 mln shares at $0.31/shr, expected gross proceeds $5 million

From Nasdaq: 2024-12-29 21:00:28

CEL-SCI Corp. (CVM) has priced a public offering of 16.13 million shares of common stock at $0.31 per share, with expected gross proceeds of approximately $5 million. The offering is set to close on December 31, 2024, and the net proceeds will fund the development of Multikine, along with general corporate purposes and working capital. ThinkEquity is serving as the sole placement agent for the offering.



Read more at Nasdaq: CEL-SCI Prices Public Offering Of 16.13 Mln Shares At $0.31/shr