ImmunoCellular Therapeutics Receives Audit Opinion with Going Concern Explanation

LOS ANGELES, March 26, 2018 /PRNewswire/ -- ImmunoCellular Therapeutics, Ltd. ("ImmunoCellular") (NYSE American: IMUC) today announced that, as previously disclosed in its Annual Report on Form 10-K for the year ended December 31, 2017 filed with the Securities and Exchange Commission on March 14, 2018, the audited financial statements contained an audit opinion from its independent registered public accounting firm that included a going concern emphasis of matter paragraph (see further discussion in footnote 2 to the Company's financial statements included in the Company's Annual Report on Form 10-K). This announcement is made pursuant to NYSE American Company Guide Section 610(b), which requires public announcement of the receipt of an audit opinion containing a going concern paragraph. This announcement does not represent any change or amendment to the Company's financial statements or to its Annual Report on Form 10-K for the year ended December 31, 2017.

About ImmunoCellular Therapeutics, Ltd.

ImmunoCellular Therapeutics, Ltd., based in Los Angeles, is developing immune-based therapies for the treatment of cancer. ImmunoCellular is focused on advancing its Stem-to-T-Cell research program, which engineers hematopoietic stem cells to generate cytotoxic T cells. Additional assets, for which the Company is seeking partners, include clinical-stage programs - ICT-107, ICT-121 and ICT-140 - which are patient-specific, dendritic cell-based immunotherapies targeting solid tumors. To learn more about ImmunoCellular, please visit www.imuc.com.

Contact:
ImmunoCellular Thereapeutics, Ltd.
Jane Green
(267) 457-3734 direct
(415) 652-4819 mobile
[email protected]

Lytham Partners, LLC 
Joe Dorame, Robert Blum, or Joseph Diaz
(602) 889-9700
[email protected]

SOURCE ImmunoCellular Therapeutics, Ltd.

Related Links

http://imuc.com