CEL-SCI prices $7.2M offering at $1.20 per share

* CEL-SCI (CVM) priced [https://seekingalpha.com/pr/20510195-cel-sci-corporation-announces-pricing-of-public-offering] a public offering of 6M shares of common stock at $1.20 per share,
* Total gross proceeds from the offering, before deducting the placement agent’s fees and offering expenses, are expected to be approximately $7.2M.
* The offering is expected to close on May 13, 2026.
* The company intends to use the proceeds for the continued development of Multikine, general corporate purposes, and working capital.
* The stock price declined about 10% on Tuesday during pre-market trade.
MORE ON CEL-SCI
* Cel-Sci GAAP EPS of -$0.68 [https://seekingalpha.com/news/4553562-cel-sci-gaap-eps-of-0_68]
* Historical earnings data for Cel-Sci [https://seekingalpha.com/symbol/CVM/earnings]
* Financial information for Cel-Sci [https://seekingalpha.com/symbol/CVM/income-statement]
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