---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-108368"
form_type: "8-K"
ticker: "ISPC"
cik: "0001558569"
company_name: "iSpecimen Inc."
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T02:19:56.575123+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# iSpecimen (ISPC) gets Nasdaq delisting notice for bid price below $1/share

## Summary
- Nasdaq notice on Oct 9, 2023; stock failed $1 minimum bid price for 30 consecutive business days.
- 180-day compliance period until April 8, 2024; stock must close at >=$1 for 10 consecutive days.
- If not cured by April 8, 2024, may request additional 180 days with reverse stock split if needed.
- Failure to regain compliance could lead to delisting; company intends to monitor and consider options.

## SEC filing metadata
- accession: 0001104659-23-108368
- form_type: 8-K
- ticker: ISPC
- cik: 0001558569
- company_name: iSpecimen Inc.
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1558569/000110465923108368/0001104659-23-108368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1558569/000110465923108368/tm2328075d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-108368
- JSON: https://secwatch.observer/filing/0001104659-23-108368.json
- Plain text: https://secwatch.observer/filing/0001104659-23-108368.txt

## Key facts
- Listing & Compliance Notices
  iSpecimen Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: October 9, 2023, iSpecimen Inc., a Delaware corporation (the “Company”) received a deficiency notice from The Nasdaq Stock Market (“Nasdaq”) informing the Company that its common stock, par value $0.0001 per share (the “Common Stock”), fails to comply with the $1 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Common Stock for the 30 consecutive business days prior to the date of the notice from Nasdaq. Nasdaq’s notice has no immediate effect on the listing of the Common Stock on The Nasd
  evidence_url: https://www.sec.gov/Archives/edgar/data/1558569/000110465923108368/0001104659-23-108368-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.