IPDN issues 1.1M shares for $1.8M music copyrights and consulting services

Professional Diversity Network, Inc.

Acquired 8 original musical works from Streams Ohio Corp for $1.8M, paid in 556,000 shares of common stock.
Engaged B&W Capital Group LLC for strategic advisory; compensation of 550,000 shares of common stock.
Both issuances capped at 19.99% of outstanding shares per Nasdaq Rule 5635; shareholder vote may be required.
Shares are restricted and subject to a 6-month lock-up for the copyright seller; consultant shares also restricted.

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