---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-006091"
form_type: "8-K"
ticker: "CVM"
cik: "0000725363"
company_name: "CEL SCI CORP"
filed_at: "2025-05-23T23:59:59+00:00"
generated_at: "2026-05-20T16:27:16.433259+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CEL-SCI closes $5M public offering of 2M shares at $2.50/share for Multikine development

## Summary
- Gross proceeds $5M from 2M shares at $2.50; underwriting discount $0.175 per share.
- Underwriters have 45-day over-allotment option for up to 190K additional shares.
- Net proceeds to fund continued Multikine development, general corporate, and working capital.
- Offering closed May 23, 2025; ThinkEquity acted as sole book-running manager.

## SEC filing metadata
- accession: 0001654954-25-006091
- form_type: 8-K
- ticker: CVM
- cik: 0000725363
- company_name: CEL SCI CORP
- filed_at: 2025-05-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/725363/000165495425006091/0001654954-25-006091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/725363/000165495425006091/cvm_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-006091
- JSON: https://secwatch.observer/filing/0001654954-25-006091.json
- Plain text: https://secwatch.observer/filing/0001654954-25-006091.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.