{
  "id": 17865137,
  "title": "iSpecimen shareholders approve reverse stock split at special meeting",
  "url": "https://urgent.news/2026/11/02/ispecimen-shareholders-approve-reverse-stock-split-at-special-meeting",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T22:19:48.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/sec-filings/ispecimen-shareholders-approve-reverse-stock-split-at-special-meeting-93CH-4993050"
  },
  "original_language": "en",
  "account": "iSpecimen Inc., a Delaware-based company listed on the Nasdaq Stock Market, has seen its shareholders approve a reverse stock split during a special meeting held on October 30. The reverse split, which can occur at a ratio between one-for-ten and one-for-one hundred, was ratified by 1,152,016 votes in favor, 142,944 votes against, and 868 abstentions. The exact ratio will be determined by the board. Prior to the meeting, 2,518,590 shares were eligible to vote, and 1,295,828 shares attended or voted by proxy, representing 51.5% of the outstanding shares and forming a quorum. The company's common stock is currently trading under the symbol ISPC. This reverse stock split decision follows the settlement of a recent arbitration case between iSpecimen Inc. and WestPark Capital, Inc., in which the company agreed to pay $97,500 to resolve disputes related to previous investment banking engagements.",
  "summary": "<iSpecimen Inc. (NASDAQ:ISPC) shareholders have approved a reverse stock split at a special meeting held on Thursday, October 30. The approved measure allows the company’s board of directors to implement a reverse split at a ratio ranging from one-for-ten (1:10) to one-for-one hundred (1:100). The vote was in favor of the proposal, with 1,152,016 votes cast in favor, 142,944 votes against, and 868 abstentions. The exact ratio will be determined at the board’s discretion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}