secwatch.observer — SEC 8-K summary
======================================

Issuer:     iSpecimen Inc. (ISPC)
CIK:        0001558569
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001213900-26-051013
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iSpecimen effectuates 1-for-40 reverse stock split to regain Nasdaq compliance
------------------------------------------------------------------------------

- Reverse stock split effective 4:30 p.m. ET on April 27, 2026; trading on split-adjusted basis began April 28.
- Shares outstanding reduced from 52,639,796 to approximately 1,316,032; no fractional shares issued (rounded up).
- Board also ratified prior 1:20 reverse split (Sept 2024) via Certificate of Validation under Delaware law.
- CUSIP changed to 45032V306; symbol remains ISPC on Nasdaq Capital Market.
- Split intended to increase per-share price to attract institutional investors and meet minimum bid listing requirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558569/000121390026051013/0001213900-26-051013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558569/000121390026051013/ea0288258-8k_ispecimen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-051013

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