Ispecimen inc. announces pricing of approximately $1.75 million private placement priced at-the-market

Woburn, mass., july 31, 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, today announced that it entered into a securities purchase agreement with accredited investors for aggregate gross proceeds of approximately $1.75 million, before deducting fees to the placement agent and other offering expenses payable by the company. the company intends to use the net proceeds from the offering to pay $500,000 for marketing and advertising services to be provided by ir agency llc, and the remainder for working capital and general corporate purposes.
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