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-0.00840336134453764 -0.00840336134453764 -0.00840336134453764 -0.0210084033613445 0.0420168067226891 0.0329831932773109 0.00252100840336144 0.0126050420168068
Stock impact report

CEL-SCI Slides After Follow-on Offering Prices Below Market Price [MarketWatch]

Cel-Sci Corporation (CVM) 
NASDAQ:AMEX Investor Relations: cel-sci.com/investor_relations.html
Company Research Source: MarketWatch
CEL-SCI slid 23% to $2.20 in premarket trading. Advertisement The Vienna, Va., biotech company sold 3,875,000 shares of its common stock for $2 per share, for gross proceeds of roughly $7.75 million, before underwriting discounts and expenses, in a transaction due to close Feb. 13. Shares closed Thursday at $2.85. The company intends to use proceeds to fund the continued development of its Multikine injection, an immunotherapy recently selected by the United Kingdom's medical agency as a potential immunotherapy treatment for head-and-neck cancer, for general corporate purposes, and working capital. Write to Rob Curran at rob.curran@wsj.com Show less Read more
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