iSpecimen prices $5 million public offering at $1.30 per share

iSpecimen Inc. (Nasdaq: ISPC), an online marketplace connecting researchers with biospecimen providers, announced the pricing of a public offering of approximately $5 million in common stock and pre-funded warrants.

The offering is priced at $1.30 per share, or $1.2999 per pre-funded warrant, which represents the public offering price minus the $0.0001 exercise price per warrant. The offering is expected to close on Aug. 7, 2026, subject to customary closing conditions.

According to the company's statement, proceeds are intended for repayment of outstanding liabilities, potential acquisitions of assets or investments in businesses, products and technologies, and marketing and advertising services. Remaining proceeds will be used for working capital.

E.F. Hutton & Co. is serving as the exclusive placement agent for the offering.

The securities are being offered pursuant to a registration statement on Form S-1 initially filed with the Securities and Exchange Commission on June 24, 2026, and declared effective on July 30, 2026.

You May Also Be Interested In

• Singularity Future Technology closes $5M registered direct offering
• ESS Tech closes $3.2M stock offering at $0.50 per share
• CoStar Group acquires Zonda for $800M, adding new home data