other material
confidence high
sentiment neutral
materiality 0.50
CEL-SCI prices $2.56M offering of 16M shares or pre-funded warrants at $0.16/share
CEL SCI CORP
- Gross proceeds of $2.56M from sale of 4,012,500 shares and pre-funded warrants for 11,987,500 shares.
- Offering price $0.16 per share; pre-funded warrants at $0.1599 with $0.0001 exercise price.
- ThinkEquity LLC placed the offering; 7% cash fee and up to $80,000 expense reimbursement.
- Net proceeds to fund Multikine development, general corporate purposes, and working capital.
- Company enters 30-day lock-up on issuance; officers/directors subject to 45-day lock-up.