iSpecimen (ISPC) IPO Prices at $8

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Go back to iSpecimen (ISPC) IPO Prices at $8

iSpecimen Announces Pricing of Initial Public Offering

June 16, 2021 7:05 PM EDT

LEXINGTON, Mass., June 16, 2021 /PRNewswire/ -- iSpecimen Inc. ("iSpecimen" or the "Company"), an online marketplace for human biospecimens, today announced the pricing of its initial public offering of 2,250,000 shares of its common stock at a price of $8.00 per share, for gross proceeds of $18,000,000 before deducting underwriting discounts, commissions and offering expenses. In addition, iSpecimen has granted the underwriters a 45-day option to purchase up to an additional 337,500 shares of common stock solely to cover over-allotment.

The shares of common stock are expected to begin trading on the Nasdaq Capital Market under the ticker symbol "ISPC" on... More