---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-013889"
form_type: "8-K"
ticker: "IPDN"
cik: "0001546296"
company_name: "Professional Diversity Network, Inc."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:46:35.292084+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# IPDN amends Streeterville financing: commitment cut from $20M to $8M

## Summary
- Commitment Amount reduced from $20M to $8M; previously issued $8.655M Pre-Paid Purchase unchanged.
- For every $1 paid toward outstanding balance, Minimum Balance Amount may be reduced by $0.70, and corresponding amount released from Deposit Account.
- Each release must be at least $50,000; Investor processes within 10 business days of valid request.
- No Event of Default exists; Company waives any existing claims against Investor.

## SEC filing metadata
- accession: 0001437749-26-013889
- form_type: 8-K
- ticker: IPDN
- cik: 0001546296
- company_name: Professional Diversity Network, Inc.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1546296/000143774926013889/0001437749-26-013889-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1546296/000143774926013889/ipdn20260429_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-013889
- JSON: https://secwatch.observer/filing/0001437749-26-013889.json
- Plain text: https://secwatch.observer/filing/0001437749-26-013889.txt

## Key facts
- Material Agreements
  Professional Diversity Network, Inc. amended Global Amendment with Streeterville Capital, LLC (effective 2026-04-28).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: Streeterville Capital, LLC
  - Effective: 2026-04-28
  source text: On April 28, 2026, Professional Diversity Network, Inc. (the “Company”) entered into a Global Amendment (the “Global Amendment”) with Streeterville Capital, LLC, a Utah limited liability company (the “Investor”), which amends that certain securities purchase agreement, dated September 5, 2025 (the “Securities Purchase Agreement”), and the other Transaction Documents (as defined in the Global Amendment)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1546296/000143774926013889/0001437749-26-013889-index.htm

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