iSpecimen raises $1.75M in private placement of common stock and pre-funded warrants

iSpecimen Inc.

Gross proceeds ~$1.75M from 1,559,828 shares (or pre-funded warrants) at $1.122/share; closed August 4, 2025.
$500K of net proceeds allocated to marketing/advertising services from IR Agency LLC; remainder for working capital.
WestPark Capital acting as exclusive placement agent received 4% cash commission on gross proceeds.
Company to file resale registration statement within 15 calendar days of closing per Registration Rights Agreement.

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