Professional Diversity Network, INC

Market Movers (8-K)

NASDAQ
Professional Diversity Network, Inc. has amended its certificate of incorporation to significantly increase its authorized capital stock.
Capital raise
NASDAQ
Professional Diversity Network, Inc. announced the approval of a reverse stock split and a significant increase in authorized capital stock by its stockholders at a special meeting.
Capital raise
NASDAQ
Professional Diversity Network, Inc. has sold its shares in NAPW, Inc. and IAW, Inc. to MEB Holdings LLC for $150,000.
NASDAQ
Professional Diversity Network, Inc. has amended its bylaws to lower the quorum requirement for stockholder meetings and change the voting standard for non-director elections.
NASDAQ
Professional Diversity Network received a notice from Nasdaq for failing to meet the minimum bid price requirement, with 180 days to comply.
NASDAQ
Professional Diversity Network, Inc. announced its financial results for the quarter ended March 31, 2026, reporting a 2.9% year-over-year revenue increase to $1.55 million, driven by software development, alongside a strengthened balance sheet.
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
Professional Diversity Network, Inc. reported a 2.9% increase in total revenues for Q1 2026, driven by strong growth in contracted software development, while facing declines in recruitment services.
Capital raise
Worse than expected
NASDAQ
Professional Diversity Network, Inc. reports widening losses and a significant liquidity crisis as it pivots from traditional recruitment to high-risk Web 3.0 and music copyright acquisitions.
Worse than expected
Capital raise
NASDAQ
Professional Diversity Network reports significant cash depletion and a working capital deficit, raising substantial doubt about its ability to continue as a going concern despite reduced net losses.
Worse than expected
Capital raise
NASDAQ
Professional Diversity Network's Q1 2025 revenue decreased by 12.9% year-over-year, with a net loss of $741,000, while the company focuses on profitability and strategic adjustments.
Worse than expected
Capital raise
NASDAQ
Professional Diversity Network, Inc. (PDN) reported a net loss of $422,000 for the third quarter of 2024, as the company faced a 15.6% decrease in total revenues compared to the same period last year.
Worse than expected
Capital raise
NASDAQ
Professional Diversity Network's Q2 2024 results show a decrease in revenue but also a significant reduction in operating expenses, alongside ongoing efforts to address financial challenges.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Professional Diversity Network, Inc. reported a significant increase in net loss for fiscal year 2025, driven by declining core business revenues and substantial investments in new Web3.0 and digital asset initiatives.
Capital raise
Worse than expected
NASDAQ
Professional Diversity Network's 2024 10-K filing reveals a decrease in revenue and a net loss, alongside efforts to reduce operating expenses and raise capital.
Worse than expected
Capital raise
NASDAQ
Professional Diversity Network, Inc. reports a net loss of $4.5 million for 2023 and expresses substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise

Insider Trading (Form 4)

NASDAQ
CEO He Xin of Professional Diversity Network, Inc. reports acquisition of 1,000,000 shares through a stock purchase agreement and vesting of restricted stock units.

Proxy Statements (Def-14A)

NASDAQ
Professional Diversity Network, Inc. has secured up to $20 million in new financing and increased its authorized share capital, actions approved by majority shareholders but carrying significant dilution risks.
Capital raise
NASDAQ
Professional Diversity Network, Inc. will hold its 2025 Annual Meeting of Stockholders on June 12, 2025, to vote on director elections, auditor ratification, executive compensation, and other business matters.
NASDAQ
Professional Diversity Network plans a reverse stock split to meet NASDAQ's minimum bid price requirement and potentially increase investor interest.
Worse than expected
NASDAQ
Professional Diversity Network, Inc. will hold its 2024 Annual Meeting of Stockholders on June 10, 2024, to vote on director elections, auditor ratification, executive compensation, and other business matters.

New Public Companies (S-1)

NASDAQ
Professional Diversity Network, Inc. files an S-1/A registration statement detailing an offering of units, pre-funded units, common stock, and warrants.
Capital raise
NASDAQ
Professional Diversity Network, Inc. enters into a Securities Purchase Agreement for up to $10 million in units and pre-funded units.
Capital raise
NASDAQ
Professional Diversity Network, Inc. filed an S-1 registration for the resale of shares related to a $20 million committed equity financing facility with Streeterville Capital, LLC.
Worse than expected
Capital raise

Schedule 13D - Activist Investments

NASDAQ
Aurous Vertex Ltd and its CEO, Yip Siu Man, have jointly disclosed a 16.8% beneficial ownership stake in Professional Diversity Network, Inc., acquired through a private placement.
Capital raise
NASDAQ
Aurous Vertex Limited and its CEO, Yip Siu Man, have jointly acquired a 13.7% beneficial ownership stake in Professional Diversity Network, Inc. through a private placement for $1.5 million.
Capital raise
NASDAQ
Koala Malta Ltd has reported a 12.7% beneficial ownership stake in Professional Diversity Network, Inc. after receiving shares as part of a $1.2 million Profit Participation Agreement for a 6% right in QBSG Limited.
Capital raise

Schedule 13G - Passive Investments

NASDAQ
Streeterville Capital LLC, along with its management entities, has reported a 9.9% beneficial ownership stake in Professional Diversity Network, Inc., holding 247,468 common shares.
NASDAQ
Armistice Capital, LLC and its managing member Steven Boyd have filed an amended Schedule 13G, reporting a beneficial ownership of 4.99% in Professional Diversity Network, Inc.'s common stock as of March 31, 2025.
NASDAQ
Armistice Capital, LLC and Steven Boyd have disclosed a passive beneficial ownership of 9.99% of Professional Diversity Network, Inc.'s common stock as of December 31, 2024.