secwatch.observer — SEC 8-K summary
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Issuer:     iSpecimen Inc. (ISPC)
CIK:        0001558569
Form:       8-K
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0001104659-23-108368
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558569/000110465923108368/0001104659-23-108368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558569/000110465923108368/tm2328075d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-108368

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer