other_material
confidence high
sentiment neutral
materiality 0.30
iSpecimen amends Series C Preferred Stock terms to add anti-dilution adjustment for reverse splits
iSpecimen Inc.
- On Jan 16, 2026, iSpecimen filed amended Certificate of Designation for Series C Convertible Non-Voting Preferred Stock.
- Amendment adjusts Conversion Price and Floor Price proportionately on any reverse stock split or share combination.
- Approved by holders of majority of outstanding Series C Preferred Stock per Section 23 of original designation.
- No other changes to terms, preferences, or privileges of Series C Preferred Stock.
item 5.03item 9.01