SEC Comment Letter for CEL SCI CORP (CVM) (CIK 0000725363) (CVM) — Feb 20, 2013
CEL SCI CORP (CVM) (CIK 0000725363)
Date: Feb. 20, 2013 · CIK: 0000725363 · Accession: 0000000000-13-009523
AI Filing Summary & Sentiment
File numbers found in text: 333-186103
Show Raw Text
February 2 0, 2013 Via E -Mail Geert Kersten Chief Executive Officer CEL -SCI Corporation 8229 Boone Blvd. #802 Vienna, VA 22182 Re: CEL -SCI Corporation Amendment No. 1 to Registration Statement on Form S-3 Filed February 7, 2013 File No. 333-186103 Dear Mr. Kersten: We have reviewed your amended registration statement and related correspondence dated February 7, 2013, and have the following comment. We have limited our review of your registration statement to those issues we have addressed in our comment. Please respond to this letter by amending your registration statement and providing the requested information . Where yo u do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in resp onse to these comments, we may have additional comments. We note that the legal opinion states that the company is “authorized to issue ” the shares to be registered and that such shares, “when issued, will represent fully paid and non - assessable securi ties” of the company. Please file a revised legal opinion that also opines as to whether the shares “when sold, will be legally issued. ” Please refer to Section II.B.1(a) of Staff Legal Bulletin No. 19 . Guidance regarding appropriate assumptions is available in Section II.B.3(a) of Staff Legal Bulletin No. 19. We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filing to be certain that the filing includes the information the Securities Act of 193 3 and all ap plicable Securities Act rules require. Since the company and its management are in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made. Geert Kersten CEL -SCI Corporation February 2 0, 2013 Page 2 Notwithstanding our com ments, in the event you request acceleration of the effective date of the pending registration statement please provide a written statement from the company acknowledging that: should the Commission or the staff, acting pursuant to delegated authority, de clare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing; the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and the company may not assert staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. Please refer to Rules 460 and 461 regarding requests for acceleration . We will consider a written request for acceleration of the effective date of the registration statement as confirmation of the fact that those requesting acceleration are aware of their respective responsibilities under the Securities Act o f 1933 and the Securities Exchange Act of 1934 as they relate to the proposed public offering of the securities specified in the above registration statement. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Amy Reischauer at (202) 551 -3793, Jennifer Riegel at (202) 551-3575, or me at (202) 551 -3715 with any other questions. Sincerely, /s/ Jennifer Riegel for Jeffrey P. Riedler Assistant Director cc: Via E -Mail William T. Har t Hart & Trinan, LLP 1624 Washington Street Denver, CO 80203