---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-038201"
form_type: "8-K"
ticker: "IPDN"
cik: "0001546296"
company_name: "Professional Diversity Network, Inc."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T10:35:21.497964+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# IPDN regains compliance with Nasdaq bid price rule; panel monitor lifted

## Summary
- On Jan 20, 2023, Nasdaq imposed a panel monitor requiring compliance with Bid Price Rule until Oct 20, 2023.
- On Oct 20, 2023, received end-of-monitor letter confirming compliance with Bid Price Rule.
- Nasdaq has determined to continue listing of IPDN's common stock and is closing the matter.
- Previously, the company faced potential delisting if compliance was not achieved by the monitor deadline.

## SEC filing metadata
- accession: 0001493152-23-038201
- form_type: 8-K
- ticker: IPDN
- cik: 0001546296
- company_name: Professional Diversity Network, Inc.
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1546296/000149315223038201/0001493152-23-038201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1546296/000149315223038201/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-038201
- JSON: https://secwatch.observer/filing/0001493152-23-038201.json
- Plain text: https://secwatch.observer/filing/0001493152-23-038201.txt

## Key facts
- Listing & Compliance Notices
  Professional Diversity Network, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: compliance regained
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: October 20, 2023 (the “Panel Monitor”), pursuant to which, if at any time before the end of the monitor period, Nasdaq staff or the Panel determines that the Company has ‎failed to meet the minimum bid price requirement in Listing Rule 5550(a)(2) (the “Bid Price Rule”) (that is, the Company has had a closing bid price under $1.00 ‎for a period of 30 consecutive trading days), or any other requirement for continued listing on Nasdaq, Nasdaq ‎staff will issue a delist determination‎ ‎and a new hearing will be scheduled. On October 20, 2023, the Company received an end of monitor letter from the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1546296/000149315223038201/0001493152-23-038201-index.htm

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