secwatch.observer — SEC 8-K summary
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Issuer:     iSpecimen Inc. (ISPC)
CIK:        0001558569
Form:       8-K
Filed at:   2026-05-13T21:00:25+00:00
Accession:  0001213900-26-055912
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.01, 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558569/000121390026055912/0001213900-26-055912-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558569/000121390026055912/ea0290143-8k_ispecimen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-055912

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