$ISPC·8-K

iSpecimen Inc. · Jul 14, 5:00 PM ET

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iSpecimen Inc. 8-K

Research Summary

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Updated

iSpecimen Inc. Completes SalesStack Milestone 3; $700K Payment

What Happened
iSpecimen Inc. announced on July 9, 2026 that it completed Milestone 3 under its Definitive Software Purchase and Services Agreement with Sales Stack Solutions Corp. Pursuant to Section 3.1 of the SalesStack Agreement (filed as Exhibit 10.46 to iSpecimen’s Form S-1/A on June 11, 2025), the Company made a payment of $700,000 upon completion. Milestone 3 expands marketplace features, broadens geographic rollout, and deepens integrations with partner ecosystems, building on system integration and marketplace activation achieved in Milestone 2.

Key Details

  • Payment: $700,000 paid by iSpecimen on July 9, 2026 under Section 3.1 of the SalesStack Agreement.
  • Milestone scope: Delivers additional marketplace features, broader geographic rollout, and deeper partner ecosystem integrations.
  • Contract context: SalesStack Agreement was included as Exhibit 10.46 to the Company’s Form S-1/A filed June 11, 2025.
  • Prior milestones: The Company previously disclosed completion of Milestone 1 (8-K filed Aug 21, 2025) and Milestone 2 (8-K filed Feb 6, 2026).

Why It Matters
This filing documents continued progress and cash spend tied to iSpecimen’s digital transformation program with SalesStack, showing the company is advancing planned product and geographic rollouts. For investors, the item highlights a $700,000 contractual cash outflow and confirms delivery milestones under a material software/services agreement previously disclosed in the Company’s registration materials.

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