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-0.0214007782101166 -0.0544747081712061 -0.0739299610894942 -0.0856031128404668 0.196498054474708 -0.0389105058365757 -0.06420233463035 -0.036964980544747
Stock impact report

iSpecimen Reports Third Quarter 2024 Results

iSpecimen Inc. (ISPC) 
Company Research Source: GlobeNewswire
LEXINGTON, Mass., Nov. 07, 2024 (GLOBE NEWSWIRE) -- iSpecimen Inc. (Nasdaq: ISPC) (“iSpecimen” or the “Company”), an online global marketplace that connects scientists requiring biospecimens for medical research with a network of healthcare specimen providers, today reported its financial and operating results for the three and nine month periods ended September 30, 2024. "The third quarter was a period of continued strategic transformation for iSpecimen, primarily driven by several key initiatives," said Tracy Curley, CEO of iSpecimen. "First, we completed a 1-for-20 reverse stock split which helped the Company maintain its Nasdaq listing. Additionally, we secured a $1,000,000 loan facility with favorable terms, an agreement which included access to an additional $1,000,000 revolving credit line tied to a future $5,000,000 financing, which we successfully completed on October 31, 2024.” "I am particularly pleased with the progress and success of our Supplier Refresh program, whic Show less Read more
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