CEL-SCI Raises $7.2 Million in Stock Offering; Placement Agreement With ThinkEquity
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CEL-SCI has raised $7.2 million through a placement agency agreement with ThinkEquity, selling 6 million shares at $1.20 each. The offering closed on May 13, 2026, with a 7% cash fee to the agent and up to $150,000 for expenses. The funds will be used to advance Multikine and for general corporate purposes. There are 30-day issuance restrictions and 45-day lock-ups for directors and officers.
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