---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-051593"
form_type: "8-K"
ticker: "ISPC"
cik: "0001558569"
company_name: "iSpecimen Inc."
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T21:50:16.709278+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# iSpecimen receives Nasdaq delisting notice for failing to meet minimum stockholders' equity requirement

## Summary
- Received Nasdaq letter on June 4, 2025 regarding non-compliance with Listing Rule 5550(b)(1) requiring minimum $2.5M stockholders' equity.
- As of March 31, 2025, stockholders' equity was $1,668,513, below the $2.5M threshold; no alternative listing criteria met.
- Company has 45 days to submit a compliance plan; if accepted by Nasdaq, may receive up to 180-day extension to regain compliance.
- If plan not accepted or compliance not regained, Nasdaq may delist the common stock; Company can appeal to a Hearings Panel.

## SEC filing metadata
- accession: 0001213900-25-051593
- form_type: 8-K
- ticker: ISPC
- cik: 0001558569
- company_name: iSpecimen Inc.
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1558569/000121390025051593/0001213900-25-051593-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1558569/000121390025051593/ea0244830-8k_ispecimen.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-051593
- JSON: https://secwatch.observer/filing/0001213900-25-051593.json
- Plain text: https://secwatch.observer/filing/0001213900-25-051593.txt

## Key facts
- Listing & Compliance Notices
  iSpecimen Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: June 4, 2025, iSpecimen Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it no longer complies with Nasdaq Listing Rule 5550(b)(1), which requires a minimum of $2.5 million in stockholders’ equity for continued listing on the Nasdaq Capital Market. As reported in the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2025, the Company had stockholders’ equity of $1,668,513. Nasdaq further noted that the Company does not currently meet the alternative continued listing crite
  evidence_url: https://www.sec.gov/Archives/edgar/data/1558569/000121390025051593/0001213900-25-051593-index.htm

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