CEL-SCI Extends the Expiration Date of Series DD Warrants Issued in December 2016
10 August 2017 - 6:54AM
Business Wire
CEL-SCI Corporation (NYSE American: CVM) announces that
it is extending the expiration date of its Series DD warrants by
one month, from August 10, 2017 to September 10, 2017 (close of
business). The Series DD warrants were issued as part of a
financing on December 8, 2016. Following the Company’s reverse
split in June 2017, twenty-five (25) Series DD warrants will be
required to purchase one share at an exercise price of $4.50. All
other terms of the warrants have remained the same.
About CEL-SCI Corporation
CEL-SCI's work is focused on finding the best way to activate
the immune system to fight cancer and infectious diseases. The
Company has operations in Vienna, Virginia, and in/near Baltimore,
Maryland.
Forward-Looking Statements
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.
Such statements are subject to risks and uncertainties that could
cause actual results to differ materially from those projected.
Factors that could cause or contribute to such differences include,
an inability to duplicate the clinical results demonstrated in
clinical studies, timely development of any potential products that
can be shown to be safe and effective, receiving necessary
regulatory approvals, difficulties in manufacturing any of the
Company's potential products, inability to raise the necessary
capital and the risk factors set forth from time to time in
CEL-SCI's filings with the Securities and Exchange Commission,
including but not limited to its report on Form 10-K and 10-K/A for
the year ended September 30, 2016. The Company undertakes no
obligation to publicly release the result of any revision to these
forward-looking statements which 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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