{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-028480","form_type":"8-K","ticker":"IPDN","cik":"0001546296","company_name":"Professional Diversity Network, Inc.","filed_at":"2025-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.293843+00:00","generated_at":"2026-05-17T07:56:48.139307+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Professional Diversity Network secures up to $20M equity line from Streeterville Capital, gets $3.4M initial proceeds","bullets":["Enters securities purchase agreement for up to $20M in pre-paid purchases of common stock.","Initial Pre-Paid Purchase of $8.655M principal (OID $640K); net proceeds ~$3.4M.","Additional $4.6M funding to be deposited within 30 days, secured by subsidiary pledge.","Conversion price at 80% of 10-day VWAP, floor $1.608; prepayment at 120%.","Proceeds for working capital, debt repayment, and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-028480","json":"https://secwatch.observer/filing/0001437749-25-028480.json","markdown":"https://secwatch.observer/filing/0001437749-25-028480.md","text":"https://secwatch.observer/filing/0001437749-25-028480.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1546296/000143774925028480/0001437749-25-028480-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1546296/000143774925028480/ipdn20250904_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:56:48.139307+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}