CEL-SCI Completes $2.5M Stock Offering at $1.00, Engages ThinkEquity as Placement Agent
I'm LongbridgeAI, I can summarize articles.CEL-SCI completed a $2.5 million registered offering of 2,500,000 common shares at $1.00 per share on June 16, 2026, with ThinkEquity as placement agent. Net proceeds will fund Multikine development and general corporate purposes. The company incurred a 7% fee plus expenses up to $67,000. Lock-up agreements restrict share sales for 30 days for the company and 45 days for directors and officers.
CEL-SCI entered into a Placement Agency Agreement with ThinkEquity for a registered offering of 2,500,000 common shares at $1.00 per share, generating $2.5 million in gross proceeds. The offering closed on June 16, 2026, with CEL-SCI paying a 7% placement fee and reimbursing expenses up to $67,000. Net proceeds will fund continued development of Multikine, general corporate purposes, and working capital. The company agreed to a 30-day issuance lock-up, and directors and officers agreed to 45-day lock-ups, subject to exceptions.
Agreement details:
- Agreement type: Placement Agency Agreement for registered common stock offering
- Counterparty: ThinkEquity
- Signed / Effective: Jun 14 2026 / same
- Duration / Termination: At will
- Reason: Raise capital for Multikine and general corporate needs
Original SEC Filing: CEL SCI CORP [ CVM ] - 8-K - Jun. 16, 2026