Ispecimen inc. announces closing of $4 million underwritten offering

Woburn, mass., july 25, 2025 (globe newswire) -- ispecimen inc. (nasdaq: ispc) (“ispecimen” or the “company”), an online global marketplace that connects scientists requiring biospecimens for medical research with a network of healthcare specimen providers, announced today the closing of its previously announced underwritten public offering of 5,714,283 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) at a public offering price of $0.70 per share (the “offering”). the aggregate gross proceeds to the company from the offering was approximately $4 million, before deducting underwriting discounts and commissions and other offering expenses.
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