secwatch.observer — SEC 8-K summary
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Issuer:     iSpecimen Inc. (ISPC)
CIK:        0001558569
Form:       8-K
Filed at:   2026-01-05T23:59:59+00:00
Accession:  0001213900-26-001257
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iSpecimen pays IR Agency $2M upfront for 4-month marketing consulting
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558569/000121390026001257/0001213900-26-001257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558569/000121390026001257/ea0271900-8k_ispecimen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-001257

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer