secwatch.observer — SEC 8-K summary
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Issuer:     iSpecimen Inc. (ISPC)
CIK:        0001558569
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001213900-25-051593
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558569/000121390025051593/0001213900-25-051593-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558569/000121390025051593/ea0244830-8k_ispecimen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-051593

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