Professional Diversity Network completes second closing of equity sale to Aurous Vertex at $0.3385/share

Professional Diversity Network, Inc.

Investor Aurous Vertex exercised option for second closing shares at $0.3385 per share (closing price on Feb 25, 2025).
Second closing occurred March 24, 2025; shares adjusted for 10-to-1 reverse stock split effective March 13, 2025.
Total proceeds approximately $338,500 based on 1M pre-split shares at $0.3385; post-split 100,000 shares issued.
Transaction exempt under Regulation S; investor represented as non-U.S. person.
Previously reported stock purchase agreement for initial 2.5M shares closed Dec 23, 2024.

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