CEL-SCI completes $5.7 million stock offering at $3.82 per share

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CEL-SCI Announces Closing of $5.7 Million Offering Priced At-The-Market Under NYSE American Rules

July 14, 2025 4:05 PM EDT

VIENNA, Va.--(BUSINESS WIRE)-- CEL-SCI Corporation (CEL-SCI or the Company) (NYSE American: CVM), a clinical stage cancer immunotherapy company, today announced the closing of its best-efforts offering of 1,500,000 shares of its common stock. Each share of common stock was sold at an offering price of $3.82 per share, priced at-the-market under NYSE American rules. Total gross proceeds from the offering, before deducting the placement agents fees and other offering expenses, were approximately $5.7 million.

The Company intends to use the net proceeds from the offering to fund the continued development of Multikine, general corporate purposes,... More