Full Press Release Details
form8kitem101ex991may-15.txt
8229 Boone Boulevard, Suite 802 COMPANY CONTACT:
Vienna, VA 22182. USA Gavin de Windt
Telephone (703) 506-9460 CEL-SCI Corporation
www.cel-sci.com (703) 506-9460
CEL-SCI ANNOUNCES PROPOSED PUBLIC OFFERING
OF COMMON STOCK AND WARRANTS
Vienna, VA, May 21, 2015 - 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
supersedes the proposed public offering announced on May 6, 2015 in which FBR
Capital Markets & Co. was acting as the sole underwriter. FBR Capital Markets &
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.