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Professional Diversity Network: Streeterville owns 9.99%

Streeterville's reported position is subject to a contractual 9.99% ownership cap under Pre-Paid Purchase #1, with indirect reporting by its manager and the manager's sole member.

(Neutral)

Sentiment and the balance of points

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Professional Diversity Network, Inc. (IPDN) is the issuer in an amended beneficial ownership report by Streeterville Capital LLC, which reported owning 1,443,587 common shares, or 9.99%, as of October 13, 2026. Streeterville Management, LLC, Streeterville Capital’s manager, and John M. Fife, the manager’s sole member, also reported indirect beneficial ownership of the same shares.

A contractual cap under Pre-Paid Purchase #1 limits Streeterville Capital’s ownership to 9.99%. The issuer had 14,450,323 shares outstanding as of August 14, 2026, the share-count figure cited in the ownership explanation.

Beneficially owned shares 1,443,587 shares Streeterville Capital LLC, as of October 13, 2026
Beneficial ownership 9.99% Streeterville Capital LLC
Contractual ownership cap 9.99% Under Pre-Paid Purchase #1
Shares outstanding 14,450,323 shares As of August 14, 2026
beneficially owned regulatory
"shares of the Issuer's common stock beneficially owned by Streeterville"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
ownership cap financial
"Streeterville's current ownership cap is 9.99%"
Pre-Paid Purchase #1 financial
"rights, under a Pre-Paid Purchase #1 to own an aggregate number of shares"
Sole Dispositive Power regulatory
"Sole Dispositive Power 1,443,587.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many IPDN shares did Streeterville Capital report owning?

Streeterville Capital LLC reported beneficial ownership of 1,443,587 shares, or 9.99%, as of October 13, 2026. Streeterville Management, LLC, its manager, and John M. Fife, the manager’s sole member, reported indirect beneficial ownership of the same shares.

Why does Streeterville's IPDN ownership line show 9.9%?

The form line is limited to displaying only the tenth decimal place, while the contractual ownership limitation is 9.99%.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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74312Y509

(CUSIP Number)
10/13/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Reporting person Streeterville Capital, LLC ("Streeterville") has rights, under a Pre-Paid Purchase #1 to own an aggregate number of shares of the Issuer's common stock which, except for a contractual cap on the amount of outstanding shares that Streeterville may own, would exceed such a cap. Streeterville's current ownership cap is 9.99%. Thus, the number of shares of the Issuer's common stock beneficially owned by Streeterville as of the date of this filing was 1,443,587 shares, which is 9.99% of the 14,450,323 shares outstanding on August 14, 2026 (as reported in the Issuer's 10-Q filed on that date). To clarify, the Form line 11 is limited to displaying only the tenth decimal place, but the ownership limitation prescribed in the agreement is 9.99%.


SCHEDULE 13G




Comment for Type of Reporting Person: Reporting person Streeterville Management, LLC is the Manager of Streeterville. Streeterville has rights, under a Pre-Paid Purchase #1 to own an aggregate number of shares of the Issuer's common stock which, except for a contractual cap on the amount of outstanding shares that Streeterville may own, would exceed such a cap. Streeterville's current ownership cap is 9.99%. Thus, the number of shares of the Issuer's common stock beneficially owned by Streeterville as of the date of this filing was 1,443,587 shares, which is 9.99% of the 14,450,323 shares outstanding on August 14, 2026 (as reported in the Issuer's 10-Q filed on that date). To clarify, the Form line 11 is limited to displaying only the tenth decimal place, but the ownership limitation prescribed in the agreement is 9.99%.


SCHEDULE 13G




Comment for Type of Reporting Person: Reporting person John M Fife is the sole member of Streeterville Management, LLC, which is the Manager of Streeterville. Streeterville has rights, under a Pre-Paid Purchase #1 to own an aggregate number of shares of the Issuer's common stock which, except for a contractual cap on the amount of outstanding shares that Streeterville may own, would exceed such a cap. Streeterville's current ownership cap is 9.99%. Thus, the number of shares of the Issuer's common stock beneficially owned by Streeterville as of the date of this filing was 1,443,587 shares, which is 9.99% of the 14,450,323 shares outstanding on August 14, 2026 (as reported in the Issuer's 10-Q filed on that date). To clarify, the Form line 11 is limited to displaying only the tenth decimal place, but the ownership limitation prescribed in the agreement is 9.99%.


SCHEDULE 13G



Streeterville Capital LLC
Signature:John Fife
Name/Title:President
Date:10/13/2026
Streeterville Management, LLC
Signature:John Fife
Name/Title:President
Date:10/13/2026
John M Fife
Signature:John Fife
Name/Title:John Fife
Date:10/13/2026

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