---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-024574"
form_type: "8-K"
ticker: "ISPC"
cik: "0001558569"
company_name: "iSpecimen Inc."
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:12:01.938118+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# iSpecimen buys back warrants for $0.04/share, eliminates up to 1.31M share dilution

## Summary
- Company repurchased warrants issued Dec 2021 with $13.00 strike for $0.04 per underlying share.
- Total cash consideration minimal (~$52,500) to remove potential dilution of up to 1,312,500 common shares.
- Upon payment, all warrant-related agreements terminated; both parties released claims.
- Warrant holders also received 'most favored nation' protection if better terms offered to others.

## SEC filing metadata
- accession: 0001104659-24-024574
- form_type: 8-K
- ticker: ISPC
- cik: 0001558569
- company_name: iSpecimen Inc.
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1558569/000110465924024574/0001104659-24-024574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1558569/000110465924024574/tm246435d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-024574
- JSON: https://secwatch.observer/filing/0001104659-24-024574.json
- Plain text: https://secwatch.observer/filing/0001104659-24-024574.txt

## Key facts
- Material Agreements
  iSpecimen Inc. terminated Warrant Repurchase and Termination Agreements with Warrant Holders valued at $0.04 per share issuable upon full exercise of warrants (effective 2024-02-13).
  - Action: termination
  - Agreement: equity purchase
  - Counterparty: Warrant Holders
  - Value: $0.04 per share issuable upon full exercise of warrants
  - Effective: 2024-02-13
  source text: On February 13, 2024, iSpecimen Inc. (the “ Company ”) entered into certain warrant repurchase and termination agreements (the “ Repurchase Agreement ”) with certain holders (each, the “ Warrant Holder ”) of warrants (the “ Warrants ”) with an issuance date of December 1, 2021 at an exercise price of $13.00 per share for the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), in connection with an aggregate of up to 1,312,500 shares of Common Stock exercisable under the Warrants.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1558569/000110465924024574/0001104659-24-024574-index.htm

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