{"id":505232,"date":"2021-06-21T14:24:06","date_gmt":"2021-06-21T18:24:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ispecimen-announces-closing-of-initial-public-offering\/"},"modified":"2021-06-21T14:24:06","modified_gmt":"2021-06-21T18:24:06","slug":"ispecimen-announces-closing-of-initial-public-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ispecimen-announces-closing-of-initial-public-offering\/","title":{"rendered":"iSpecimen Announces Closing of Initial Public Offering"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LEXINGTON, Mass.<\/span>, <span class=\"xn-chron\">June 21, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0iSpecimen Inc. (Nasdaq: ISPC) (&#8220;iSpecimen&#8221; or the &#8220;Company&#8221;), an online marketplace for human biospecimens, today announced the closing of its previously announced initial public offering of 2,250,000 shares of its common stock at a price of <span class=\"xn-money\">$8.00<\/span> per share, for gross proceeds of <span class=\"xn-money\">$18,000,000<\/span> before deducting underwriting discounts, commissions and offering expenses. The shares of common stock began trading on the Nasdaq Capital Market under the ticker symbol &#8220;ISPC&#8221; on <span class=\"xn-chron\">June 17, 2021<\/span>.<\/p>\n<p>ThinkEquity, a division of Fordham Financial Management, Inc., acted as the sole book-running manager for the offering.<\/p>\n<p>A registration statement relating to this offering was declared effective by the Securities and Exchange Commission (&#8220;SEC&#8221;) on <span class=\"xn-chron\">June 16, 2021<\/span>. A final prospectus related to the offering was filed and is available on the SEC&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3202915-1&amp;h=3916928942&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov\" rel=\"nofollow noopener\">www.sec.gov<\/a>. The offering was made only by means of a prospectus. Electronic copies of the final prospectus may be obtained from ThinkEquity, a division of Fordham Financial Management, Inc., 17 State Street, 22<sup>nd<\/sup> Floor, <span class=\"xn-location\">New York, New York<\/span> 10004, by telephone at (877) 436-3673 and by email at <a target=\"_blank\" href=\"mailto:prospectus@think-equity.com\" rel=\"nofollow noopener\">prospectus@think-equity.com<\/a>.<\/p>\n<p>This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p>\n<p>\n        <b>About iSpecimen<br \/><\/b>iSpecimen offers an online marketplace for human biospecimens, connecting life scientists in commercial and non-profit organizations with healthcare providers that have access to patients and specimens needed for medical discovery. Proprietary, cloud-based technology enables scientists to intuitively search for specimens and patients across a federated partner network of hospitals, labs, biobanks, blood centers, and other healthcare organizations. For more information about iSpecimen, please visit\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3202915-1&amp;h=2887651662&amp;u=http%3A%2F%2Fwww.ispecimen.com%2F&amp;a=www.ispecimen.com\" rel=\"nofollow noopener\">www.ispecimen.com<\/a>.<\/p>\n<p>\n        <b>Forward Looking Statements<br \/><\/b>This press release contains statements that constitute &#8220;forward-looking statements,&#8221; including with respect to the initial public offering and the anticipated use of the net proceeds. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company&#8217;s registration statement and final prospectus for the Company&#8217;s offering filed with the SEC. Copies of these documents are available on the SEC&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3202915-1&amp;h=3916928942&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov\" rel=\"nofollow noopener\">www.sec.gov<\/a>. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. <\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SF17739&amp;sd=2021-06-21\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/ispecimen-announces-closing-of-initial-public-offering-301316607.html\">http:\/\/www.prnewswire.com\/news-releases\/ispecimen-announces-closing-of-initial-public-offering-301316607.html<\/a><\/p>\n<p>SOURCE  iSpecimen<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF17739&amp;Transmission_Id=202106211420PR_NEWS_USPR_____SF17739&amp;DateId=20210621\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire LEXINGTON, Mass., June 21, 2021 \/PRNewswire\/ &#8212;\u00a0iSpecimen Inc. (Nasdaq: ISPC) (&#8220;iSpecimen&#8221; or the &#8220;Company&#8221;), an online marketplace for human biospecimens, today announced the closing of its previously announced initial public offering of 2,250,000 shares of its common stock at a price of $8.00 per share, for gross proceeds of $18,000,000 before deducting underwriting discounts, commissions and offering expenses. The shares of common stock began trading on the Nasdaq Capital Market under the ticker symbol &#8220;ISPC&#8221; on June 17, 2021. ThinkEquity, a division of Fordham Financial Management, Inc., acted as the sole book-running manager for the offering. A registration statement relating to this offering was declared effective by the Securities and Exchange Commission (&#8220;SEC&#8221;) on June 16, 2021. A &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ispecimen-announces-closing-of-initial-public-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;iSpecimen Announces Closing of Initial Public Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-505232","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>iSpecimen Announces Closing of Initial Public Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ispecimen-announces-closing-of-initial-public-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"iSpecimen Announces Closing of Initial Public Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire LEXINGTON, Mass., June 21, 2021 \/PRNewswire\/ &#8212;\u00a0iSpecimen Inc. (Nasdaq: ISPC) (&#8220;iSpecimen&#8221; or the &#8220;Company&#8221;), an online marketplace for human biospecimens, today announced the closing of its previously announced initial public offering of 2,250,000 shares of its common stock at a price of $8.00 per share, for gross proceeds of $18,000,000 before deducting underwriting discounts, commissions and offering expenses. The shares of common stock began trading on the Nasdaq Capital Market under the ticker symbol &#8220;ISPC&#8221; on June 17, 2021. ThinkEquity, a division of Fordham Financial Management, Inc., acted as the sole book-running manager for the offering. A registration statement relating to this offering was declared effective by the Securities and Exchange Commission (&#8220;SEC&#8221;) on June 16, 2021. 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(Nasdaq: ISPC) (&#8220;iSpecimen&#8221; or the &#8220;Company&#8221;), an online marketplace for human biospecimens, today announced the closing of its previously announced initial public offering of 2,250,000 shares of its common stock at a price of $8.00 per share, for gross proceeds of $18,000,000 before deducting underwriting discounts, commissions and offering expenses. The shares of common stock began trading on the Nasdaq Capital Market under the ticker symbol &#8220;ISPC&#8221; on June 17, 2021. ThinkEquity, a division of Fordham Financial Management, Inc., acted as the sole book-running manager for the offering. A registration statement relating to this offering was declared effective by the Securities and Exchange Commission (&#8220;SEC&#8221;) on June 16, 2021. 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