Professional Dvrsty Ntwork Inc SEC Filings

Professional Diversity Network, Inc. filed a Form D reporting a Regulation D, Rule 506(b) exempt offering. The company states it offered and sold a total of $1,800,000 by issuing 560,000 shares of common stock pursuant to a Copyright Transfer Agreement dated 9/12/2025. The filing lists one investor and indicates no sales commissions or finders' fees were paid and $0 of the gross proceeds were used to pay executive officers, directors, or promoters. The issuer identifies itself as a Delaware corporation headquartered in Chicago, classifies its industry as "Other Technology," and reports issuer size in the $5,000,001–$25,000,000 range. The notice is marked a new notice with first sale on 2025-09-12 and the offering is not intended to last more than one year.

Professional Diversity Network, Inc. (a Delaware corporation) filed a Form D claiming a Rule 506(b) exemption for an equity offering. The filing reports a consulting agreement dated 2025-09-12 under which the company issued 550,000 shares of common stock to an accredited investor as 12 months of advisory compensation. The Form D shows Total Offering Amount $0, Total Amount Sold $0, Total Remaining $0, and identifies 1 investor. No cash proceeds, sales agents, commissions, or finder fees are reported.

Professional Diversity Network, Inc. disclosed that the Board received resignations from directors Long Yi and Eloisa Sultan. Both resignations were effective the same date they were submitted, and the company states that neither director departed due to any disagreement with the company on operations, policies or practices. The Board is actively identifying and evaluating potential candidates to fill the two vacancies created by these departures.

Professional Diversity Network, Inc. filed a Form 8-K reporting exhibit-level agreements dated September 12, 2025. The filing lists a Copyright Transfer Agreement between Professional Diversity Network, Inc. and Streams Ohio Corp. and a Consulting Agreement between Professional Diversity Network, Inc. and B&W Capital Group LLC. The document as provided includes the exhibit descriptions but does not include the text of the agreements within this excerpt or executed signature details. No financial terms, contract durations, scope of services, or other substantive contractual provisions are disclosed in the supplied content.

Professional Diversity Network, Inc. (IPDN) filed a Form D disclosing a Regulation D private offering of common stock under Rule 506(b) with an aggregate offering size of $20,000,000. The company has sold $3,722,725 to date, leaving $16,277,275 available. The securities will be issued in one or more pre-paid advance purchases under a securities purchase agreement dated September 5, 2025. The offering is intended to run for more than one year and the minimum investment accepted from any outside investor is $250,000. The issuer reports an approximate size range of $5,000,001–$25,000,000 in aggregate net asset value or revenue, is incorporated in Delaware and lists its principal place of business in Chicago, Illinois. Officers and directors named on the form include Xun Wu (CEO), Yiran Gu (CFO and Director) and other directors at the Chicago address.

Professional Diversity Network, Inc. entered a securities purchase agreement with Streeterville Capital, LLC to sell up to $20,000,000 of common stock through prepaid advance purchases. On September 5, 2025 the company closed an initial prepaid purchase providing $3,397,725 in cash proceeds plus $2,275 for pre-delivery shares; the initial facility contemplates up to $8,655,000 in principal with an original issue discount up to $640,000 and accrues interest at 8% per annum.

The agreement includes issuance of 22,197 commitment shares (subject to shareholder approval) and 227,500 pre-delivery shares. Issuances are priced at 80% of the ten-day VWAP subject to a floor of $1.608, and are capped to prevent the investor from owning more than 9.99% outstanding shares. The company filed a prospectus supplement for registered shares and will file an S-1 to register resale of other shares; registration delays trigger incremental increases to the prepaid balance. The financing is secured by deposit account controls, a guaranty by IPDN Holdings and a pledge of IPDN Holdings equity, and contains customary default provisions, remedies and prepayment penalties.

Professional Diversity Network, Inc. reported consolidated revenues of $3.15 million for the six months ended June 30, 2025, down from $3.42 million a year earlier, while losses narrowed modestly to a $1.23 million loss from continuing operations compared with a $1.39 million loss in the prior year period. Net loss attributable to the company for the six months was $1.20 million and basic loss per share for the six months was $0.62.

The company’s liquidity position weakened materially: cash and cash equivalents declined to $125,081 at June 30, 2025, operating cash used was $779,651 for the six-month period, and working capital from continuing operations moved to a $1.92 million deficit. Management discloses that these conditions raise substantial doubt about the company’s ability to continue as a going concern and plans to raise capital, reduce costs or pursue strategic transactions. Key balance sheet items include total assets of $7.33 million, total stockholders’ equity of $3.84 million, an accumulated deficit of $103.61 million, and ownership of RemoteMore increased to 82.63% (consolidated). The report also records a Level 3 long-term investment valued at $1.156 million with an unrealized loss of $44,000.