---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-113112"
form_type: "8-K"
ticker: "ISPC"
cik: "0001558569"
company_name: "iSpecimen Inc."
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:25:37.278601+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# iSpecimen raises ~$5M in public offering of stock and warrants; signs $2M IR agreement

## Summary
- Offering of 132,814 common shares and pre-funded warrants for up to 1,533,852 shares at $3.00 per share, grossing $4,998,464.
- Proceeds to repay debt, fund potential acquisitions, and marketing/advertising; remainder for working capital.
- Entered $2M investor relations agreement with IR Agency LLC for one-month term, extendable by mutual consent.
- Placement agent WestPark Capital received 4.0% cash fee plus expense reimbursement.
- Offering closed on October 31, 2024; securities registered under effective Form S-1.

## SEC filing metadata
- accession: 0001104659-24-113112
- form_type: 8-K
- ticker: ISPC
- cik: 0001558569
- company_name: iSpecimen Inc.
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1558569/000110465924113112/0001104659-24-113112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1558569/000110465924113112/tm2427232d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-113112
- JSON: https://secwatch.observer/filing/0001104659-24-113112.json
- Plain text: https://secwatch.observer/filing/0001104659-24-113112.txt

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