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NASDAQ:ISPC 31 December 2025 - 1 May 2026

Why iSpecimen Stock Whipsawed After Its 1-for-40 Reverse Split

Why iSpecimen Stock Whipsawed After Its 1-for-40 Reverse Split

iSpecimen Inc. shares fell 8.2% to $4.80 Friday after volatile trading, following a 1-for-40 reverse stock split aimed at meeting Nasdaq’s minimum bid price. The split reduced outstanding shares from 52.6 million to about 1.3 million. Nasdaq has given the company until May 18 to regain compliance. The annual meeting is set for May 8 after previous adjournments due to lack of quorum.
iSpecimen (ISPC) stock drops in premarket after $5.5 million convertible preferred financing

iSpecimen (ISPC) stock drops in premarket after $5.5 million convertible preferred financing

iSpecimen Inc shares fell about 15% to $0.30 premarket after announcing a $5.5 million private placement of Series C convertible preferred stock. The preferred converts to common shares at a 15% discount to the prior day’s close, raising dilution concerns. The company remains below Nasdaq’s $1 minimum bid, with a compliance deadline of May 2026. Financing is expected to close Wednesday.
31 December 2025

Stock Market Today

  • Stocks Rise on Lower Crude Oil Prices and Bond Yields Ahead of FOMC Meeting
    June 16, 2026, 12:22 PM EDT. U.S. stocks show mixed performance as the Dow Jones Industrial Average hits a new all-time high, supported by a 3% drop in crude oil prices to a 3.25-month low, easing inflation fears. The S&P 500 gained 0.11%, while Nasdaq 100 fell 0.18%. The 10-year Treasury yield declined 2 basis points to 4.45%, boosted by weaker U.S. housing data and softer inflation expectations. US May housing starts plunged 15.4% to a six-year low, while building permits also declined. Market attention shifts to the two-day FOMC meeting under new Fed Chair Kevin Warsh, with no rate hike expected but a focus on inflation outlook. International markets were mixed, with Japan's Nikkei setting a new high and China's Shanghai Composite retreating slightly.

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