{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-032201","form_type":"8-K/A","ticker":"IPDN","cik":"0001546296","company_name":"Professional Diversity Network, Inc.","filed_at":"2025-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.701111+00:00","generated_at":"2026-05-17T01:38:42.333895+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"IPDN enters $20M equity line with Streeterville Capital; initial draw net $3.4M","bullets":["Securities purchase agreement with Streeterville Capital allows up to $20M in prepaid advance purchases over two years.","Initial prepaid purchase of up to $8.655M; net cash proceeds of $3.398M plus $2,275 for 227,500 pre-delivery shares.","Additional $4.6M to be funded within 30 days subject to DACA, guaranty, and pledge of subsidiary IPDN Holdings.","Purchase price per share set at 80% of lowest volume-weighted average price over 10 trading days, floor $1.608.","Company must obtain shareholder approval for issuance beyond Nasdaq 19.99% cap; commitment shares of 22,197 deferred."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-032201","json":"https://secwatch.observer/filing/0001437749-25-032201.json","markdown":"https://secwatch.observer/filing/0001437749-25-032201.md","text":"https://secwatch.observer/filing/0001437749-25-032201.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1546296/000143774925032201/0001437749-25-032201-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1546296/000143774925032201/ipdn20251029_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:38:42.333895+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":[{"claim_id":"25f1486b2de9f6319428e5b0c3a54add7b703cf8","claim":"Professional Diversity Network, Inc. issued common stock to the Investor.","evidence_excerpt":"The information set forth in “Item 1.01 Entry into a Material Definitive Agreement” relating to the issuance of Common Stock is incorporated by reference herein in its entirety.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1546296/000143774925032201/0001437749-25-032201-index.htm","confidence":0.4,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Purchaser","value":"the Investor"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}