Megan Bozzuto
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.
Highest-materiality recent filing
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%.
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 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.
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.
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.
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.
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.
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.
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.
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 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%).
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