Professional Diversity Network, Inc. (IPDN): Nasdaq/NYSE listing notice — Professional Diversity Network regains Nasdaq compliance with $2.57M stockholders' equity

Professional Diversity Network, Inc.

On Nov 21, 2023, Nasdaq notified IPDN of non-compliance with minimum $2.5M equity or alternatives.
April 2, 2024: Nasdaq confirmed compliance after Dec 31, 2023 10-K showing $2,568,241 equity.
Company intends to pursue equity financings and/or acquisitions to further strengthen capital.
Delisting matter is now closed; no further action required by Nasdaq.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Professional Diversity Network, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1), 5550(b)(2), 5550(b)(3)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity
Rules: 5550(b)(1), 5550(b)(2), 5550(b)(3)

Exact text from the filing

April 2, 2024, the Company received a letter from Nasdaq stating that based on the Company’s Form 10-K for the period ended December 31, 2023, evidencing stockholders’ equity of $2,568,241, Nasdaq has determined that the Company complies with the Rules and the matter is now closed. The Company intends to pursue other transactions in the near term, including without limitation, equity financing transactions and/or acquisitions, to further shore up the Company’s shareholders’ equity. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused th

View on SEC.gov

20 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Professional Diversity Network, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-011305

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.