cvm_424b3
PROSPECTUS SUPPLEMENT
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Filed pursuant to Rule 424(b)(3)
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(To Prospectus Supplement
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Registration No. 333-196243
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dated May 22, 2015)
CEL-SCI CORPORATION
Series V Warrants
The
Company's Series V warrants expire on May 28, 2020 at an exercise
price of $19.75. On May 26, 2020, the Company lowered the exercise
price of its Series V warrants to $13.75 per share and extended the
expiration date of the warrants to June 25, 2020. The Series V
warrants were originally issued as part of a financing on May 28,
2015. For each Series V warrant exercised on or before June 10,
2020 the former holder of the Series V warrant will receive one
Series XX warrant. Every Series XX warrant will allow the holder to
purchase one share of the Company’s common stock at a price
of $18.00 per share at any time on or before September 10, 2020.
For each Series V warrant exercised after June 10, 2020 but on or
before June 25, 2020 the former holder of the Series V warrant will
receive one Series YY warrant. Every two Series YY warrants will
allow the holder to purchase one share of the Company’s
common stock at a price of $20.00 per share at any time on or
before September 25, 2020.
Due to
regulations of the Securities and Exchange Commission, only
accredited investors will be entitled to receive the Series XX or
Series YY warrants.
Prospectus Supplement dated May 26, 2020