other_material
confidence high
sentiment neutral
materiality 0.50
iSpecimen pays IR Agency $2M upfront for 4-month marketing consulting
iSpecimen Inc.
- Aggregate cash fee of $2,000,000 paid upon execution from Series C Preferred Stock placement proceeds.
- Four-month term beginning December 31, 2025, for marketing, advertising, and digital community-building services.
- Consultant is not a broker-dealer and will not solicit investors or effect securities transactions.
- Agreement may be terminated with or without cause; fees deemed earned upon receipt and non-refundable if client terminates.
- Company funded the fee from net proceeds of its private placement of Series C Convertible Non-Voting Preferred Stock.
item 1.01item 9.01