CEL-SCI Announces Proposed Public Offering of Common Stock and Warrants
May 21 2015 - 4:32PM
Business Wire
CEL-SCI Corporation (NYSE MKT: CVM) (“CEL SCI” or the
“Company”) today announced that it has commenced an offering of
common stock and warrants. The offering is subject to market
conditions, and there can be no assurance as to whether or when the
offering may be completed.
Dawson James Securities, Inc. is acting as the sole placement
agent for the proposed offering on a best efforts basis.
The offering will be made by CEL-SCI pursuant to a shelf
registration statement on Form S-3 declared effective by the
Securities and Exchange Commission (“SEC”) on July 8, 2014. A
preliminary prospectus supplement and accompanying prospectus
related to the offering have been filed with the SEC and are
available on the SEC’s website located at http://www.sec.gov.
Copies of the complete preliminary prospectus related to the
offering may be obtained from Dawson James Securities, Inc.,
Attention: Prospectus Department, 1 North Federal Highway, 5th
Floor, Boca Raton, FL 33432, mmaclaren@dawsonjames.com or toll free
at 866.928.0928.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of these securities in any state or other jurisdiction in
which such offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of such
state or other jurisdiction.
The Company further announced that the proposed offering
described above supercedes the proposed public offering announced
on May 6, 2015 in which FBR Capital Markets and Co. was acting as
the sole underwriter. FBR Capital Markets and Co. will not
participate in the offering described above.
Forward-Looking Statement
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. When used in this press release, the words “intends,”
“believes,” “anticipated,” “plans” and “expects” and similar
expressions are intended to identify forward-looking statements.
Forward-looking statements include, without limitation, the
Company’s ability to complete the proposed offering. Such
statements are subject to risks and uncertainties which could cause
actual results to differ materially from those projected. CEL-SCI
undertakes no obligation to publicly release the result of any
revision to these forward-looking statements that may be made to
reflect the events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.
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CEL-SCI CorporationGavin de Windt, 703-506-9460
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