iSpecimen Faces Ex-Executive’s Financial Claims, Regains Nasdaq Compliance

iSpecimen ( (ISPC) ) has issued an announcement.

Benjamin Bielak, former Chief Information Officer of iSpecimen Inc., filed an arbitration demand alleging the company owes him unpaid bonuses and severance totaling $586,800, plus attorneys’ fees and interest. iSpecimen disputes the claims and intends to defend vigorously. Separately, iSpecimen regained compliance with Nasdaq’s minimum bid price requirement after its stock closed at $1.00 or higher from September 16 to 30, having previously received a deficiency notice.

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