IPDN says unaudited equity ~$5.1M, meets Nasdaq extension condition

Professional Diversity Network, Inc.

Unaudited stockholders' equity ~$5.1M, meets $5M minimum for Nasdaq Capital Market initial listing standard.
Nasdaq notified IPDN of bid price deficiency on June 27, 2024; initial 180-day compliance period now ending.
To qualify for additional compliance time, IPDN must meet all initial listing standards except bid price, including equity test.
Year-end audit pending; actual stockholders' equity as of Dec 31, 2024 could differ from current estimate.

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