Welcome to our dedicated page for Professional Dvrsty Ntwork SEC filings (Ticker: IPDN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Professional Diversity Network, Inc. (IPDN) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, including current reports on Form 8-K and registration statements such as Form S-1. These documents describe key agreements, financing arrangements, strategic investments and governance changes that shape IPDN’s activities as a U.S.-listed technology holding company focused on career development platforms, education technology, artificial intelligence research and digital assets.
Recent Form 8-K and 8-K/A filings detail a securities purchase agreement with Streeterville Capital, LLC, under which IPDN may issue and sell shares of common stock in one or more pre-paid advance purchases up to a defined commitment amount over a two-year period. Related filings explain terms such as pre-paid purchases, commitment shares, pre-delivery shares, registration obligations and conditions tied to Nasdaq listing rules. These filings are relevant for understanding IPDN’s capital structure and financing flexibility.
Other 8-K filings describe material definitive agreements and strategic transactions, including the purchase of DTT tokens from DeeptradeX.ai and the acquisition of copyrights in original musical works from Shohan Event Organizers Co., L.L.C., with consideration payable in cash, common stock or a combination. Additional 8-K reports cover the establishment of a wholly owned subsidiary in Tokyo, Japan, for Web 3.0 and entertainment-related initiatives in Asia, as well as the appointment of independent directors and changes to board committees.
On Stock Titan, investors can review these filings in sequence and use AI-powered summaries to understand the practical implications of each document. The platform highlights the core terms of financing agreements, equity issuances and strategic investments, and surfaces items such as unregistered sales of equity securities and other events reported under specific 8-K items. By combining real-time EDGAR updates with AI explanations, the IPDN filings page helps users interpret complex legal language, track governance and financing developments, and monitor how regulatory disclosures align with the company’s stated focus on diversity recruitment, AI and digital asset initiatives.
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.
Professional Diversity Network, Inc. reported the issuance of a press release concerning its results of operations and financial condition, and stated that the press release is attached to the report as Exhibit 99.1 and incorporated by reference. The Form 8-K identifies the company's common stock trading as IPDN on The NASDAQ Stock Market and lists the company's principal executive office.
The filing does not include underlying financial tables, earnings figures, or the text of the press release within the body of the report; it instead references the press release as the substantive disclosure.
Professional Diversity Network acknowledged the resignation of interim Chief Financial Officer Lisa Fan and appointed Yiran Gu as Chief Financial Officer and a director, filling a board vacancy. Ms. Gu, age 35, joins from Koala Malta Limited where she led corporate strategy and investor relations since July 2021, and previously served as COO at GNET Tech Holdings from September 2019 to June 2021. She holds an M.A. from the University of York and a B.A. from China West Normal University.
The company entered a 12‑month employment agreement effective August 8, 2025. Her base salary will be paid in common stock with an aggregate fair market value of $100,000 per year; no additional annual bonus or equity awards are specified. Severance provisions include payment of earned unpaid base salary if terminated without cause and, upon a change of control, a lump sum equal to 12 months base salary, a pro‑rated target annual bonus, and immediate vesting of all unvested equity awards. The employment agreement and a director indemnification form are filed as exhibits.
Professional Diversity Network, Inc. (NASDAQ: IPDN) filed an 8-K disclosing a change in its independent auditor under Item 4.01.
Resignation: Sassetti LLC resigned effective 24 Jul 2025 due to scheduling and resource constraints, not audit issues. Sassetti’s FY-2023 and FY-2024 reports were unqualified but included a going-concern emphasis citing recurring operating losses and a capital deficit. The board played no role in the resignation and the company reports no disagreements or reportable events with Sassetti during the covered periods.
New engagement: The Audit Committee appointed SR CPA & Co., a PCAOB-registered firm, as auditor effective 31 Jul 2025. Management confirms that, during the past two fiscal years and subsequent interim period, neither it nor its representatives consulted SR CPA on accounting matters or potential audit opinions.
The company will file Sassetti’s confirmation letter as Exhibit 16.1. No other material events or financial metrics were reported.
Professional Diversity Network, Inc. (NASDAQ: IPDN) has restructured previously issued warrants. On 30 June 2025 the company executed a Warrant Exchange Agreement with a single holder covering 500,000 warrants (250,000 Series A and 250,000 Series B, strike price $6.80) that had been issued on 20 Nov 2024. In return for the holder’s surrender and cancellation of these warrants, IPDN issued 333,333 new common shares ("Exchange Shares") under the Section 3(a)(9) exemption, avoiding registration requirements.
The transaction immediately increases basic shares outstanding by 333,333 but removes the right to acquire 500,000 shares in the future, resulting in a net reduction of 166,667 potential fully-diluted shares. At the same time the company forfeits up to $3.4 million in potential cash proceeds that would have been generated had the warrants been exercised at their original strike price.
Strategic implications:
- Eliminates an overhang that could pressure the stock when warrants approach maturity or when the price nears $6.80.
- Simplifies the capital structure and may improve market perception of dilution risk.
- Creates immediate dilution for existing shareholders and removes a potential future capital infusion.
No other financial statements, earnings data, or operational updates were included in this Form 8-K.
FAQ
What is the current stock price of Professional Dvrsty Ntwork (IPDN)?
What is the market cap of Professional Dvrsty Ntwork (IPDN)?
