iSpecimen Announces Private Placement of Series C Preferred Stock
I'm PortAI, I can summarize articles.
iSpecimen Inc. has announced a private placement of 6,875 shares of Series C Convertible Non-Voting Preferred Stock at a purchase price of $800 per share. The shares are convertible into common stock at 85% of the closing price prior to conversion, with a floor price of $0.0681. The offering was unregistered under Section 4(a)(2) of the Securities Act, with E.F. Hutton & Co. as the exclusive placement agent.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments