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| CVM > SEC Filings for CVM > Form 8-K on 17-Sep-2009 | All Recent SEC Filings |
17-Sep-2009
Entry into a Material Definitive Agreement, Financial Statements and Exhibits
On September 16, 2009 CEL-SCI Corporation sold 14,285,715 shares of its common stock to a group of private investors for $20,000,000 or $1.40 per share. The investors also received Series D warrants which entitle the investors to purchase 4,714,284 shares of CEL-SCI's common stock. The Series D warrants may be exercised at any time prior to September 21, 2011 at a price of $1.50 per share. The closing of the transaction is expected to close on or before September 21, 2009.
CEL-SCI has agreed to pay Rodman & Renshaw, LLC, the placement agent for this offering, a cash commission of $1,000,000, as well as an expense reimbursement of $37,500. CEL-SCI has also agreed to issue to Rodman & Renshaw 714,286 Series E warrants. Each Series E warrant will entitle the holder to purchase one share of CEL-SCI's common stock. The Series E warrants may be exercised at any time prior to August 12, 2014 at a price of $1.75 per share.
CEL-SCI has filed with the Securities and Exchange Commission a prospectus supplement to its shelf Registration Statement on Form S-3 registering the shares of common stock and warrants sold to the private investors.
Exhibit Number Description
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5 Opinion of Counsel
10(m) Securities Purchase Agreement, together with
schedule required by Instruction 2 to Item 601 of
Regulation S-K, and the form of the Series D
warrant, which is an exhibit to the Securities
Purchase Agreement.
10(n) Placement Agent Agreement
23(a) Consent of Attorneys
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