---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-022802"
form_type: "8-K"
ticker: "IPDN"
cik: "0001546296"
company_name: "Professional Diversity Network, Inc."
filed_at: "2026-07-06T20:38:05+00:00"
generated_at: "2026-07-06T20:39:07.759587+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Professional Diversity Network sells NAPW and IAW subsidiaries for $150,000

## Summary
- Sold 100% of NAPW, Inc. and IAW, Inc. to MEB Holding LLC for $150,000 cash.
- Transaction closed July 3, 2026; effective for accounting purposes as of June 30, 2026.
- Seller waives intercompany balance due from subsidiaries; indemnification capped at purchase price except for fraud.
- Buyer acquires shares in unregistered transaction exempt under Section 4(a)(2) and Rule 506(b).
- Seller retains obligation to indemnify buyer for Bayne matter and certain litigation disclosed in schedule.

## SEC filing metadata
- accession: 0001437749-26-022802
- form_type: 8-K
- ticker: IPDN
- cik: 0001546296
- company_name: Professional Diversity Network, Inc.
- filed_at: 2026-07-06T20:38:05+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1546296/000143774926022802/0001437749-26-022802-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1546296/000143774926022802/ipdn20260706_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-022802
- JSON: https://secwatch.observer/filing/0001437749-26-022802.json
- Plain text: https://secwatch.observer/filing/0001437749-26-022802.txt

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