E.F. Hutton & Co. Acts as Acts as Exclusive Placement Agent for $5.0 Million Public Offering for iSpecimen
Globe Newswire•07/08/2026•15:45 ET
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Whiz Insights
NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- E.F. Hutton & Co. (“E.F. Hutton”), a leading investment banking and financial advisory firm, today announced that it served as the exclusive placement agent in connection with the $5 million public offering for iSpecimen Inc. (Nasdaq: ISPC), an online global marketplace that connects researchers requiring biospecimens for medical research with a network of healthcare specimen providers.
The offering provides iSpecimen with additional capital to support its strategic priorities, including repayment of outstanding liabilities, potential acquisitions and investments, marketing initiatives, and general corporate purposes.
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