iSpecimen Inc. held a special meeting of stockholders on October 30, 2025. Stockholders approved an amendment to the company's certificate of incorporation to effect a reverse stock split at a ratio to be determined by the board of directors. Approval was also given to increase the total number of authorized shares of capital stock from 250,000,000 to 1,000,000,000. In addition, stockholders approved the issuance of shares of common stock and securities convertible into or exercisable for common stock in one or more private financing transactions that could potentially exceed 19.99% of the outstanding shares or voting power and at a price below the minimum price defined by Nasdaq rules.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iSpecimen Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-104942), on November 03, 2025, and is solely responsible for the information contained therein.
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