CEL-SCI Closes Public Offering
Analysis based on 6 articles · First reported May 12, 2026 · Last updated May 13, 2026
The public offering by CEL-SCI Corporation provides capital for the continued development of Multikine, which could positively impact the company's stock price and future prospects. This event is directly relevant to investors in CEL-SCI Corporation and the biotechnology sector.
CEL-SCI Corporation, a clinical-stage cancer immunotherapy company, announced the closing of its best-efforts public offering of 6,000,000 shares of common stock at $1.20 per share, generating approximately $7.2 million in gross proceeds. The company intends to use these funds for the continued development of Multikine, general corporate purposes, and working capital. ThinkEquity served as the sole placement agent for the offering. A registration statement for the shares was filed with the United States — United States Securities and Exchange Commission and became effective on May 11, 2026.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard