---
title: "ISpecimen Announces Private Placement Worth $2.5 Mln"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285937495.md"
description: "iSpecimen Inc. (ISPC) announced a private placement of 488,281 shares at $5.12 each, expected to close on May 11, 2026. The offering aims to raise $2.5 million, with proceeds allocated for working capital, including $900,000 for marketing. ISPC shares closed at $5.12, down 3.21%, but rose to $5.36 in pre-market trading, up 4.63%."
datetime: "2026-05-11T12:00:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285937495.md)
  - [en](https://longbridge.com/en/news/285937495.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285937495.md)
---

# ISpecimen Announces Private Placement Worth $2.5 Mln

(RTTNews) - iSpecimen Inc. (ISPC), an online marketplace for biospecimens, announced on Friday a private placement of 488,281 shares at $5.12 per share.

The company is offering up to 488,281 shares of common stock at $5.12 per share. The offering is expected to close on May 11, 2026.

In lieu of shares, iSpecimen is offering certain purchasers pre-funded warrants at $5.1199 per pre-funded warrant. The pre-funded warrants are exercisable immediately at a rate of 0.0001 per share.

Gross proceeds from the offering are expected to be $2.50 million. Proceeds are expected to be utilized as working capital, including $900,000 for marketing expenses.

ISPC closed Friday at $5.12, down 3.21%. In the pre-market, the stock is trading at $5.36, up 4.63%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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