other material
confidence high
sentiment neutral
materiality 0.60
CEL-SCI closes $5M public offering of 16.1M shares at $0.31 for Multikine development
CEL SCI CORP
- Gross proceeds ~$5M from 7.55M shares + 8.58M pre-funded warrants at $0.31/$0.3099.
- Offering closed Dec 31, 2024; ThinkEquity acted as sole placement agent.
- Net proceeds to fund continued development of Multikine, general corporate, working capital.
- Directors and officers subject to 45-day lock-up; company has 30-day issuance blackout.
- Placement agent fee 7.0% of gross proceeds plus up to $110K expense reimbursement.