ISpecimen Prices $5 Million Securities Offering; Shares Fall

MT Newswires Live10-30

ISpecimen (ISPC) priced an offering of $5 million in common stock and related prefunded warrants at $3 a share.

The offering is expected to close Thursday, and proceeds may be for repayment of outstanding debt and potential acquisitions, among other things, the company said Wednesday in a statement.

ISpecimen shares fell 7.4% in recent trading.

Price: 3.91, Change: -0.31, Percent Change: -7.35

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