iSpecimen prices $2.5M private placement at $5.12/share; regains Nasdaq minimum bid price compliance

iSpecimen Inc.

Private placement of 488,281 shares and pre-funded warrants for gross proceeds of ~$2.5M at $5.12 per share (or $5.1199 for warrants).
Net proceeds to be used for working capital, including up to $900,000 in marketing expenses.
Nasdaq confirmed compliance with $1.00 minimum bid price requirement on May 12, 2026 after 10 consecutive days above $1.
Annual meeting adjourned multiple times since Dec 31, 2025 due to lack of quorum; next adjourned to May 29, 2026.

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