secwatch.observer — SEC 8-K summary
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Issuer:     CEL SCI CORP (CVM)
CIK:        0000725363
Form:       8-K
Filed at:   2024-12-31T23:59:59+00:00
Accession:  0001654954-24-016019
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEL-SCI closes $5M public offering of 16.1M shares at $0.31 for Multikine development
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/725363/000165495424016019/0001654954-24-016019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/725363/000165495424016019/cvm_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-016019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer