secwatch.observer — SEC 8-K summary
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Issuer:     iSpecimen Inc. (ISPC)
CIK:        0001558569
Form:       8-K
Filed at:   2023-05-25T23:59:59+00:00
Accession:  0001104659-23-064650
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iSpecimen shareholders approve plan amendment increasing share reserve 3x to 1.87M
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- Stockholders approved amendment to 2021 plan: shares reserved increased from 608,000 to 1,869,500 shares.
- Annual automatic share increase mechanism removed; clawback/recoupment provision added.
- Three Class II directors (Brooks, Curley, Mock) elected to three-year terms.
- Proposal to allow director removal without cause failed (3.8M for vs required majority of outstanding shares).
- Ratification of Wolf & Company as auditor for FY2023 approved (6,421,007 for).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558569/000110465923064650/0001104659-23-064650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558569/000110465923064650/tm2316924d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-064650

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