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0001546296
0001546296
2026-09-28
2026-09-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 30, 2026 (September 28, 2026)
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PROFESSIONAL DIVERSITY NETWORK, INC.
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(Exact name of registrant as specified in its charter)
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Delaware
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001-35824
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80-0900177
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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55 E. Monroe Street, Suite 2120, Chicago, Illinois 60603
(Address of Principal Executive Office) (Zip Code)
(312) 614-0950
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which
registered
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Common Stock, $.0001 par value
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IPDN
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The Nasdaq Stock Market LLC
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company ☐
If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
As previously disclosed, on June 5, 2026, Professional Diversity Network, Inc. (the “Company”) received a written notification from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”), because the closing bid price of the Company’s common stock (the “Common Stock”), had been below $1.00 per share for 30 consecutive business days. The Company was granted a compliance period of 180 calendar days, or until December 2, 2026, to regain compliance with the Minimum Bid Price Requirement.
On September 28, 2026, the Company received notice from Nasdaq that it had regained compliance with the Minimum Bid Price Requirement. The closing bid price of the Common Stock was at or above $1.00 per share for 10 consecutive business days, from September 14, 2026 through September 25, 2026. Accordingly, Nasdaq determined that the Company had regained compliance with the Minimum Bid Price Requirement and that the matter was closed.
On September 30, 2026, the Company issued a press release announcing that it had regained compliance with the Minimum Bid Price Requirement. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit
No.
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Description
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99.1
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Press Release dated September 30, 2026
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104
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Cover Page Interactive Data File (embedded within the Inline XBRL Document)
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Professional Diversity Network, Inc.
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Date: September 30, 2026
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By:
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/s/ Xun Wu
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Name:
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Xun Wu
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Title:
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Chief Executive Officer
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EX-99.1
Professional Diversity Network, Inc. Announces
Regaining Compliance with Nasdaq Minimum Bid Price Requirement
FOR IMMEDIATE RELEASE
CHICAGO, September 30, 2026 — Professional Diversity Network, Inc. (NASDAQ: IPDN) (the “Company”) today announced that it has received written notification from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).
As previously disclosed, on June 5, 2026, Nasdaq notified the Company that the closing bid price of its common stock had been below $1.00 per share for 30 consecutive business days and that the Company therefore did not satisfy the Minimum Bid Price Requirement.
Following the Company’s previously announced reverse stock split, the closing bid price of the Company’s common stock remained at or above $1.00 per share for 10 consecutive business days, from September 14, 2026 through September 25, 2026.
On September 28, 2026, Nasdaq notified the Company that it had regained compliance with the Minimum Bid Price Requirement and that the matter is now closed.
About Professional Diversity Network, Inc.
Professional Diversity Network, Inc. is a technology holding company operating businesses across workforce solutions, remote talent, and artificial intelligence. Through its operating platforms and strategic initiatives, the Company seeks to connect talent, technology, and opportunity while developing new technology-driven businesses designed to create long-term shareholder value.
With the formation of PDN Intelligence, the Company intends to explore potential expansion into artificial intelligence infrastructure and GPU-powered computing.
For more information, please visit www.ipdn.com.
Investor Contact
Professional Diversity Network, Inc.
Email: investors@ipdn.com
Website: www.ipdn.com
