drugset / Press release

Cancervax Launches $5 Million Funding Round

2024-04-03 · CancerVax Corporation · original cancervax.com ↗

Proceeds from the SEC qualified Reg A+ offering will allow the Company to continue work on its breakthrough cancer treatments LEHI, Utah, April 3, 2024 (GLOBE NEWSWIRE) -- Cancervax, Inc., a pre-clinical biotechnology company creating a better way to treat cancer, the developer of a breakthrough Universal Cancer Treatment that will use the body’s immune system to treat cancer, today announced that its Reg A+ offering has been qualified by the SEC allowing the Company to formally launch a funding round of up to $5 million. Proceeds from the SEC qualified Reg A+ offering will be used by the Company to continue work on its breakthrough cancer treatments. Cancervax CEO, Byron Elton said, “We are very excited about the Company’s progress to date. Working with our world class cancer research team at UCLA, we are committed to the goal of finding a better way to treat cancer. Thus far, we’ve raised $3.3 million of seed funding and plan to raise an additional $5 million to further the development of our novel cancer treatments.” The offering is available to the general public. For more information about the offering, please visit https://cancervax.com/investors . For more information about Cancervax, please visit http://www.cancervax.com/ . This offering is made in reliance on Regulation A+ under the Securities Act of 1933. The securities offered are speculative, illiquid, and an investor could lose the entire investment. Investors should read the relevant Offering Circular and consider the risks disclosed therein before investing. For full disclaimers, visit SEC.gov . About CancerVax CancerVax is a pre-clinical biotech company developing a novel Universal Cancer Treatment platform that will be customizable, as an injection, to treat many types of cancer. Our innovative approach DETECTS, MARKS, and KILLS only cancer cells. By making cancer cells look like well-immunized common diseases, such as measles or chickenpox, we intend to use the body’s natural immune system to easily kill the cancer cells. We look forward to the day when treating cancer will be as simple as getting a shot — a better way to fight cancer. To learn more, please visit www.CancerVax.com Forward-Looking Statements This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Press Contact: Cancervax, Inc. Tel: (805) 356-1810 [email protected]

The release as fetched from its publisher. cancervax.com ↗