CEL-SCI Prices Public Offering Of 2.5M Common Shares At $2/Share
Portfolio Pulse from Benzinga Newsdesk
CEL-SCI Corporation has priced a public offering of 2.5 million common shares at $2 per share.
July 18, 2023 | 4:41 am
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CEL-SCI Corporation's public offering of 2.5 million shares at $2 per share could potentially dilute the value of existing shares.
Public offerings often lead to dilution of existing shares as the number of shares in circulation increases. This could potentially lead to a decrease in the stock price of CEL-SCI Corporation in the short term.
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