CEL-SCI Closes $2.5 Million Stock Offering

MT Newswires Live

06/17

CEL-SCI (CVM) closed its best-efforts offering of 2.5 million common shares at $1 per share, generating gross proceeds of $2.5 million, the company said late Tuesday.

The company said it plans to use the net proceeds to support continued development of Multikine, as well as for working capital and general corporate purposes.

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