other material
confidence high
sentiment neutral
materiality 0.50
CEL-SCI closes public offering of ~913K shares at $1.70, raising ~$1.39M net
CEL SCI CORP
- Issued 794,117 shares plus full exercise of 119,117 over-allotment shares at $1.70/share.
- Net proceeds of approximately $1,391,900 after underwriting discounts and expenses.
- Underwriting agreement with Spartan Capital Securities as representative of underwriters.
- Shares sold under effective S-3 shelf registration statement (No. 333-265995).
- Over-allotment option exercised in full on closing date of May 2, 2023.