On March 17, 2025, CEL-SCI Corporation entered into an agreement to sell 4,012,500 shares at $0.16 each and pre-funded warrants for 11,987,500 shares at $0.1599 each, raising $2,560,000 before expenses. The offering closed on March 18, 2025, and proceeds will fund the development of Multikine and general corporate purposes.