--- 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. ### Related Stocks - [ISPC.US](https://longbridge.com/en/quote/ISPC.US.md) - [IDNA.US](https://longbridge.com/en/quote/IDNA.US.md) - [FBT.US](https://longbridge.com/en/quote/FBT.US.md) - [SBIO.US](https://longbridge.com/en/quote/SBIO.US.md) - [IBB.US](https://longbridge.com/en/quote/IBB.US.md) - [BIB.US](https://longbridge.com/en/quote/BIB.US.md) - [PBE.US](https://longbridge.com/en/quote/PBE.US.md) - [LABU.US](https://longbridge.com/en/quote/LABU.US.md) - [BBH.US](https://longbridge.com/en/quote/BBH.US.md) - [ARKG.US](https://longbridge.com/en/quote/ARKG.US.md) - [XBI.US](https://longbridge.com/en/quote/XBI.US.md) - [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md) ## Related News & Research - [iSpecimen Inc. Announces Pricing of Approximately $2.5 Million Private Placement | ISPC Stock News](https://longbridge.com/en/news/285787160.md) - [Guardant Health Says US FDA Approved Liquid Biopsy Test](https://longbridge.com/en/news/287069625.md) - [Radnor Capital Management LLC Has $1.65 Million Stock Holdings in West Pharmaceutical Services, Inc. $WST](https://longbridge.com/en/news/286893528.md) - [Immix Biopharma Announces 95% Complete Response Rate In Interim Update From Relapsed/Refractory AL Amyloidosis Clinical Trial NEXICART-2](https://longbridge.com/en/news/287200923.md) - [Co-Diagnostics Advances Ebola Preparedness With New Bundibugyo Virus Assay Strategy; Stock Up](https://longbridge.com/en/news/286956797.md)