iSpecimen

Richard Paulini Resigns from iSpecimen Chairman Position

iSpecimen Inc. has received a notification from Nasdaq regarding non-compliance with the minimum stockholders' equity requirement of $2.5 million. As of March 31, 2025, the company's equity was $1,668,513. iSpecimen has 45 days to submit a compliance plan, which, if accepted, could allow up to 180 days to achieve compliance. The trading of its stock under the symbol "ISPC" remains unaffected for now. If the plan is rejected, the company may appeal to a Nasdaq Hearings Panel.

iSpecimen Inc. Faces Nasdaq Listing Challenge Due to Insufficient Stockholders' Equity

iSpecimen Inc. has appointed Anthony Lau to its Board of Directors following the resignations of Richard J. Paolone and John L. Brooks III. Lau will also chair the Audit Committee and serve on the Compensation and Nominating and Corporate Governance Committees. Ms. Yang will chair the Compensation Committee, while Mr. Dhaliwal will lead the Nominating and Corporate Governance Committee.

Richard Paulini Resigns from iSpecimen Chairman Position

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