Highest-materiality recent filing
Professional Diversity Network sells NAPW and IAW subsidiaries for $150,000
Sold 100% of NAPW, Inc. and IAW, Inc. to MEB Holding LLC for $150,000 cash.
PDN annual meeting results: directors elected, auditor ratified, say-on-pay passes
Seven director nominees elected; Shaikh Ali Sultan AI Nuaimi and Haixia Lu each received 1.44M for, 3.99M withheld.
Professional Diversity Network amends bylaws to lower quorum to one-third and change vote standard
Board adopted amendments to Second Amended and Restated Bylaws effective June 10, 2026.
On June 5, 2026, the Company received a Nasdaq deficiency notice for failing the $1.00 minimum bid price requirement.
IPDN Q1 revenue $1.55M (+2.9% YoY); net loss widens to $1.86M on copyright amortization
Revenue $1.55M (+2.9% YoY) from software development growth (+71.3% to $0.84M); recruitment services fell 30.8%.
IPDN to acquire 3.2% of AI Geometric Ltd for $1.36M in stock
IPDN issues 2,000,000 common shares (valued at $0.68 each) to acquire a 3.2% stake in UK-based AI Geometric Ltd.
IPDN amends Streeterville financing: commitment cut from $20M to $8M
Commitment Amount reduced from $20M to $8M; previously issued $8.655M Pre-Paid Purchase unchanged.
Professional Diversity Network FY2025 revenue falls 2.7% to $6.55M; net loss widens to $6.5M
Total revenue $6.55M (-2.7% YoY); net loss from continuing ops $6.51M vs $2.60M loss in 2024.
IPDN to acquire 25.9M DTT tokens from DeeptradeX.ai for $2.6M payable in stock
IPDN issued 1,358,000 shares (value $2,593,780) to acquire 25,937,800 DTT utility tokens from DeeptradeX.ai.
IPDN to issue 898k shares to Deeptrade for Web3.0 consultancy services
Total consideration of $1.616M paid in 898,000 shares of common stock.
IPDN acquires 5 musical works for $1.58M via 927,600 shares; expands into Web3.0 RWA
Acquired 5 original musical works from Shohan Event Organizers for $1,576,920 consideration.
Waiver signed Nov 19, 2025; PDN no longer required to file S-1 for up to 8.25M shares.
IPDN posts Q3 net loss of $2.38M, G&A up 262% on RWA pivot
Total revenue $1.732M, up 2.2% YoY; RemoteMore revenue up 96.9% to $768k.
IPDN appoints UAE Royal Family member as independent director to lead Middle East expansion
Shaikh Ali Sultan Al Nuaimi, 34, appointed as independent director effective Nov 5, 2025.
Investor releases $1M within one business day after filing of Prospectus Supplement to Form S-3 for $3.25M shares.
IPDN enters $20M equity line with Streeterville Capital; initial draw net $3.4M
Securities purchase agreement with Streeterville Capital allows up to $20M in prepaid advance purchases over two years.
Wholly-owned subsidiary in Tokyo, Japan, to serve as regional HQ for Asia Web3.0 and entertainment.
Appoints Sze Lok Patrick Wong as Independent Director and Audit Committee Chair
Sze Lok Patrick Wong appointed independent director effective Oct 2, 2025; named Audit Committee chairman.
Two directors resign from Professional Diversity Network board effective Sept 17
Long Yi and Eloisa Sultan resigned as directors on September 17, 2025.
IPDN issues 1.1M shares for $1.8M music copyrights and consulting services
Acquired 8 original musical works from Streams Ohio Corp for $1.8M, paid in 556,000 shares of common stock.
Enters securities purchase agreement for up to $20M in pre-paid purchases of common stock.
IPDN reports Q2 2025 net loss of $492K; EPS improves to -$0.23 from -$0.50 YoY
Total revenues of $1.64M, down 2.9% YoY; RemoteMore revenue up 55.7% to $668K, offsetting declines in recruitment and membership.
Lisa Fan resigned as interim CFO effective Aug 7, 2025; no disagreement with the company.
Professional Diversity Network auditor Sassetti resigns; SR CPA engaged
Sassetti resigned July 24, 2025; resignation effective July 24, 2025; received letter July 30.
Adam He resigns as CEO effective July 22, 2025; no disagreement with company cited.
Entered two convertible note purchase agreements on July 7 and July 9, 2025, for aggregate proceeds of $400,000.
IPDN enters warrant exchange; issues 333,333 shares to retire 500,000 warrants
Holder surrendered 500,000 warrants (exercise price $8.60) for cancellation on June 30, 2025.
All director nominees elected, auditor ratified, say-on-pay approved at annual meeting.
Katherine Lauderdale, Eloisa Sultan, Ge Yi, Long Yi, Hao Zhang elected as directors with >1.1M For votes each.
Professional Diversity Network amends CFO resignation date, appoints Lisa Fan as interim CFO
Megan Bozzuto resigned as interim CFO effective June 9, 2025; she remains president of subsidiary IAW.
Professional Diversity Network appoints Lisa Fan as interim CFO after Bozzuto resignation
Megan Bozzuto resigned as interim CFO effective June 6, 2025; remains president of IAW subsidiary.
Two directors resign, two new directors appointed at Professional Diversity Network
Ge Yi and Katerine Lauderdale resigned from the Board effective May 22, 2025; no disagreement cited.
IPDN Q1 net loss improves to $741K; revenue down 13% on DEI headwinds; invests $1.3M in AI firm
Net loss from continuing ops $741K, improved $66K (8.2%) from $807K in Q1 2024.
IPDN appoints Eloisa Sultan and Long Yi to board after two director resignations
Michael D. Belsky resigned April 18; Chris Renn resigned April 19, 2025; neither due to disagreement.
Professional Diversity Network regains Nasdaq bid price compliance, delisting avoided
Received Nasdaq letter on Apr 8, 2025, confirming regained compliance with Bid Price Requirement (Rule 5550(a)(2)).
IPDN FY2024 net loss narrows to $2.6M, revenue down 12.6% to $6.73M
FY2024 net loss from continuing ops $2,595,000, a 40.8% improvement from $4,386,000 loss in 2023.
Investor Aurous Vertex exercised option for second closing shares at $0.3385 per share (closing price on Feb 25, 2025).
Professional Diversity Network to effect 10-to-1 reverse stock split effective March 13, 2025
Reverse split ratio set at 10-to-1; approved by holders of 52.13% of voting power.
PDN acquires additional 10% stake in RemoteMore for $300K in stock, raising ownership to 82.6%
Acquired 1,000,000 shares of RemoteMore for $300,000, paid via 500,000 restricted PDN shares at $0.60/share.
Professional Diversity Network terminates $12.8M equity facility with Tumim Stone Capital
Company terminated Common Stock Purchase Agreement with Tumim Stone Capital LLC, effective Feb 25, 2025.
IPDN acquires 13% stake in AI Geometric Ltd for $1.3M
Acquired 1,300 shares (13% stake) of AI Geometric Ltd for $1,300,000 cash.
IPDN receives Nasdaq delisting notice for bid price non-compliance; plans appeal by Jan 16
Nasdaq determined IPDN not eligible for additional 180-day cure period under equity or alternative standards.
IPDN says unaudited equity ~$5.1M, meets Nasdaq extension condition
Unaudited stockholders' equity ~$5.1M, meets $5M minimum for Nasdaq Capital Market initial listing standard.
Professional Diversity Network to sell 2.5M shares at $0.60 each to Aurus Vertex for $1.5M
Agreement with Aurus Vertex Limited for 2.5M shares at $0.60/share, a ~25% premium to Dec 18 close.
PDN acquires 6% profit participation in QBSG for $1.2M, raising stake to 15%
Purchased 6% right to QBSG distributions for $1.2M ($700k cash + 1.14M shares at $0.44/sh).
IPDN regains compliance with Nasdaq minimum stockholders' equity rule
On Nov 21, 2024, Nasdaq confirmed IPDN complies with Listing Rule 5550(b)(1) after prior equity shortfall.
IPDN prices $2M registered direct offering and private warrants; Nasdaq compliance update
Offering: 1.4M shares + 1.1M pre-funded warrants at $0.80/$0.79 for ~$2M gross proceeds.
IPDN Q3 2024 revenue falls 15.6% to $1.694M; net loss narrows 68% to $422K
Q3 2024 total revenue $1.694M (-15.6% YoY); net loss from cont. ops. improved to $0.422M from $1.320M loss (-68%).
IPDN sells 398,671 shares at $0.301 each for $120k in unregistered placement
Sold 398,671 shares to Yu Tian, a resident of China, at $0.301/share for gross proceeds of $120,000.
PDN rebrands job board as TalentAlly; reports 3.2% revenue growth in H1 2024
Job board operations rebranded as TalentAlly, LLC, a standalone subsidiary of PDN (NASDAQ: IPDN).
IPDN Q2 revenue down 8.2% to $1.69M; net loss narrows to $586k
Revenue $1.69M, down 8.2% YoY; net loss of $586k improved from $1.432M loss.
On June 6, 2025, Megan Bozzuto resigned from her position with Professional Diversity Network, Inc. (the “Company”) as the interim chief financial officer (the “CFO”), effective immediately.
On June 12, 2025, upon the recommendation of the Company’s Nominating and Corporate Governance Committee, the board of directors of the Company (the “Board”) appointed Lisa Fan to serve as the new interim CFO of the Company.
On June 12, 2025, upon the recommendation of the Company’s Nominating and Corporate Governance Committee, the board of directors of the Company (the “Board”) appointed Lisa Fan to serve as the new interim CFO of the Company.
On June 6, 2025, Megan Bozzuto notified the board of directors (the “Board”) of Professional Diversity Network, Inc. (the “Company”) of her decision to resign as the interim chief financial officer (the “CFO”), effective upon acceptance by the Board, June 9, 2025.
On May 22, 2025, Katerine Lauderdale notified the Company of her decision to resign from the Company’s Board of Directors effective immediately.
On May 26, 2025, upon the recommendation of the Company’s Nominating and Corporate Governance Committee and following interviews conducted by the Board, the Board appointed Mr. Cheung Wai Kee and Mr. Song Tai to fill the vacancies on the Board created by resignations of Mr. Ge Yi and Ms. Katerine Lauderdale, both effective immediately.
On May 26, 2025, upon the recommendation of the Company’s Nominating and Corporate Governance Committee and following interviews conducted by the Board, the Board appointed Mr. Cheung Wai Kee and Mr. Song Tai to fill the vacancies on the Board created by resignations of Mr. Ge Yi and Ms. Katerine Lauderdale, both effective immediately.
On May 22, 2025, Ge Yi notified the Board of Directors of Professional Diversity Network, Inc. (the “Company”) of his decision to resign from the Company’s Board of Directors (the “Board”) effective immediately.
On April 18, 2025, Michael D. Belsky notified the Board of Directors of Professional Diversity Network, Inc. (the “Company”) of his decision to resign from the Company’s Board of Directors effective immediately.
appointed Mr. Long Yi to fill the vacancy created by Mr. Chris Renn’s resignation
On April 19, 2025, Chris Renn notified the Company of his decision to resign from the Company’s Board of Directors effective immediately.
appointed Ms. Eloisa Sultan to fill the vacancy created by Mr. Michael D. Belsky’s resignation
Max materiality 0.85 · Median 0.55 · Most common event other_material