−Removed: Market for Registrant’s Common Equity, Related Stockholder
−Removed: Matters and Issuer Purchases of Equity Securities
−Removed: Market Information
−Removed: Our Common Stock trades on the Nasdaq Stock Market under the symbol
−Removed: Holders of Record
−Removed: of September 24, 2024, we had approximately 19 holders of record of our Common Stock.
−Removed: Because most of our shares of Common Stock held
−Removed: by persons other than our original stockholders are held by brokers and other institutions on behalf of stockholders, this number is
−Removed: not indicative of the total number of stockholders who beneficially own our stock.
−Removed: Dividend Policy
−Removed: We have never declared or paid any cash dividends
−Removed: on our capital stock.
−Removed: We do not anticipate paying cash dividends on our Common Stock in the foreseeable future.
−Removed: We currently intend to
−Removed: retain all available funds and any future earnings to support our operations and finance the growth and development of our business.
−Removed: future determination related to our dividend policy will be made at the discretion of our board of directors and will depend upon, among
−Removed: other factors, our results of operations, financial condition, capital requirements, contractual restrictions, business prospects, the
−Removed: requirements of current or then-existing debt instruments and other factors our board of directors may deem relevant.
−Removed: One of our subsidiaries
−Removed: declared a dividend payable to its then sole stockholder, Tuanfang Liu, our co-chief executive officer.
−Removed: Certain Relationships
−Removed: and Related Transactions, and Director Independence
−Removed: Securities Authorized
−Removed: for Issuance under Equity Compensation Plan
−Removed: The following table sets forth information concerning
−Removed: securities authorized under equity compensation plans as of June 30, 2024.
+Added: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
+Added: Common Stock trades on the Nasdaq Stock Market under the symbol “ISPR.”
+Added: As of September 15, 2025, we had approximately 16 holders of record
+Added: of our Common Stock.
+Added: Because most of our shares of Common Stock held by persons other than our original stockholders are held by brokers
+Added: and other institutions on behalf of stockholders, this number is not indicative of the total number of stockholders who beneficially own
+Added: have never declared or paid any cash dividends on our capital stock.
+Added: We do not anticipate paying cash dividends on our Common Stock in
+Added: the foreseeable future.
+Added: We currently intend to retain all available funds and any future earnings to support our operations and finance
+Added: the growth and development of our business.
+Added: Any future determination related to our dividend policy will be made at the discretion of
+Added: our board of directors and will depend upon, among other factors, our results of operations, financial condition, capital requirements,
+Added: contractual restrictions, business prospects, the requirements of current or then-existing debt instruments and other factors our board
+Added: of directors may deem relevant.
+Added: One of our subsidiaries declared a dividend payable to its then sole stockholder, Tuanfang Liu, our co-chief
+Added: executive officer.
+Added: See “Item 13.
+Added: Certain Relationships and Related Transactions, and Director Independence.”
+Added: Authorized for Issuance under Equity Compensation Plan
+Added: following table sets forth information concerning securities authorized under equity compensation plans as of June 30, 2025.
+Added: Plan Category
securities to
5 unchanged sentences
plans (excluding securities reflected in column (a))
−Removed: Plan Category
Equity compensation plans approved by security holders
Equity compensation plans not approved by security holders
−Removed: (1) Excludes 1,681,822 shares of Common Stock reserved under the 2022 Equity
−Removed: Incentive Plan, subject to the issuance of restricted stock units (“RSUs”) and performance stock units (“PSUs”).
−Removed: Recent Sales of Unregistered Securities
−Removed: There were no unregistered securities to report
−Removed: which have not been previously included in a Quarterly Report on Form 10-Q or a Current Report on Form 8-K.
+Added: Excludes 1,582,865 shares of Common Stock reserved under our Amended and Restated 2022 Equity Incentive Plan, subject to the issuance of restricted stock units (“RSUs”) and performance stock units (“PSUs”).
+Added: Sales of Unregistered Securities
+Added: the three months ended June 30, 2025, the Company did not conduct any unregistered sales of equity securities.
+Added: of Equity Securities by the Issuer and Affiliated Purchasers
+Added: Pursuant to the share repurchase program approved by the Company’s
+Added: board of directors on January 20, 2025, for a period of 24 months, the Company may repurchase up to $10 million of the currently outstanding
+Added: shares of the Company’s common stock.
+Added: Under the approved repurchase program, the Company may purchase shares of the Company’s
+Added: common stock (i) in the open market, (ii) in privately negotiated transactions, (iii) block purchases, or (iv) otherwise in accordance
+Added: with applicable federal securities laws, including Rule 10b-18 of the Exchange Act.
+Added: During the three month period ended June 30, 2025,
+Added: the Company did not repurchase any shares of its common stock.
+Added: ISSUER PURCHASES OF EQUITY SECURITIES (1)
+Added: Average Price
+Added: April (April 1, 2025 –
+Added: April 30, 2025)
+Added: May (May 1, 2025 – May 31, 2025)
+Added: June (June 1, 2025
+Added: – June 30, 2025)
+Added: January 20, 2025, the Company’s board of directors authorized the Company’s entry
+Added: into a program to repurchase up to $10 million of shares of the Company’s Common Stock,
+Added: as previously announced in the Company’s Current Report on Form 8-K filed with the
+Added: SEC on January 22, 2025.
+Added: The board of directors’ authorization to conduct such a repurchase
+Added: program expires on January 20, 2027.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.