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CVM > SEC Filings for CVM > Form 8-K on 21-Jun-2012All Recent SEC Filings

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Form 8-K for CEL SCI CORP


21-Jun-2012

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01 Entry Into a Material Definitive Agreement

On June 18, 2012 CEL-SCI Corporation sold 16,000,000 shares of its common stock for $5,600,000, or $0.35 per share, in a registered direct offering. The investors in this offering also received Series Q warrants which entitle the investors to purchase up to 12,000,000 shares of CEL-SCI's common stock. The Series Q warrants may be exercised at any time on or after December 22, 2012 and on or before December 22, 2015 at a price of $0.50 per share.

CEL-SCI has agreed to pay Chardan Capital Markets, LLC, the placement agent for this offering, a cash commission of $448,000.

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 in this offering.

The transaction closed on June 21, 2012. CEL-SCI received approximately $5,130,000 from the sale of the securities described above, after deductions for the placement agent's commissions and offering expenses.



Item 9.01 Financial Statements and Exhibits

      Exhibit Number          Description
      --------------          -----------

         5                    Opinion of Counsel

         10(gg)               Securities  Purchase  Agreement  and the form of
                              the  Series Q  warrant,  which is an  exhibit to
                              the Securities Purchase Agreement.

         10(hh)               Placement Agent Agreement

         23(a)                Consent of Attorneys

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