---
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"
generated_at: "2026-05-17T07:56:48.139307+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Professional Diversity Network secures up to $20M equity line from Streeterville Capital, gets $3.4M initial proceeds

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-028480
- JSON: https://secwatch.observer/filing/0001437749-25-028480.json
- Plain text: https://secwatch.observer/filing/0001437749-25-028480.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.