PDN Files 8-K for Material Agreement & Financials

TL;DR

PDN filed an 8-K on 10/31/25 for a material agreement and financials.

AI Summary

Professional Diversity Network, Inc. filed an 8-K on October 31, 2025, reporting an entry into a material definitive agreement and financial statements. The filing date indicates the report was prepared as of October 30, 2025. The company is incorporated in Delaware and headquartered in Chicago, Illinois.

Why It Matters

This 8-K filing signals a significant event for Professional Diversity Network, Inc., potentially impacting its business operations and financial standing.

Risk Assessment

Risk Level: low — This filing is a standard disclosure of a material event and does not inherently indicate financial distress or significant risk.

Key Numbers

• 001-35824 — SEC File Number (Identifies the company's filing history with the SEC.)
• 80-0900177 — EIN (Employer Identification Number for tax purposes.)

Key Players & Entities

• Professional Diversity Network, Inc. (company) — Registrant
• October 31, 2025 (date) — Filing Date
• October 30, 2025 (date) — Date of Earliest Event Reported
• Delaware (jurisdiction) — State of Incorporation
• Chicago, Illinois (location) — Principal Executive Office

FAQ

Key Financial Figures

• $0.01 — r shares of its common stock, par value $0.01 per share ("Common Stock"), in one or m
• $20,000,000 — or an aggregate purchase price of up to $20,000,000 for a period of two (2) years from Sept
• $1,000,000 — o which, the Investor agreed to release $1,000,000 within one (1) business day from the fi
• $3,250,000 — (File No. 333-282831) to register up to $3,250,000 shares of Common Stock issuable under t
• $8,655,000 — rchase in the principal amount of up to $8,655,000 (the "Initial Pre-Paid Purchase") under

Filing Documents

• ipdn20251030_8k.htm (8-K) — 28KB
• ex_880029.htm (EX-5.1) — 13KB
• ex_880030.htm (EX-10.1) — 26KB
• landl.jpg (GRAPHIC) — 4KB
• mini.jpg (GRAPHIC) — 2KB
• 0001437749-25-032561.txt ( ) — 215KB
• ipdn-20251030.xsd (EX-101.SCH) — 3KB
• ipdn-20251030_def.xml (EX-101.DEF) — 12KB
• ipdn-20251030_lab.xml (EX-101.LAB) — 15KB
• ipdn-20251030_pre.xml (EX-101.PRE) — 12KB
• ipdn20251030_8k_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. As previously disclosed, on September 5, 2025, Professional Diversity Network, Inc. (the "Company") entered into a securities purchase agreement (the "Securities Purchase Agreement") with Streeterville Capital, LLC, a Utah limited liability company (the "Investor"), pursuant to which the Company agreed to issue and sell to the Investor shares of its common stock, par value $0.01 per share ("Common Stock"), in one or more pre-paid advance purchases (each, a "Pre-Paid Purchase" and collectively, the "Pre-Paid Purchases") for an aggregate purchase price of up to $20,000,000 for a period of two (2) years from September 5, 2025. On October 30, 2025, the Company and the Investor entered into a side letter agreement (the "Side Letter"), with respect to the Securities Purchase Agreement, pursuant to which, the Investor agreed to release $1,000,000 within one (1) business day from the filing of the Prospectus Supplement (as defined below), from the deposit account (the "Deposit Account") of the Company's wholly-owned subsidiary, IPDN Holdings, LLC, a Utah limited liability company ("IPDN Holdings"), maintained in connection with the Securities Purchase Agreement, subject to certain conditions, including (i) the Company's withdrawal of its previously filed registration statement on Form S-1 for the registration of certain securities issuable in connection with the Securities Purchase Agreement, (ii) the filing of a new prospectus supplement (the "Prospectus Supplement") to its effective shelf registration statement on Form S-3 (File No. 333-282831) to register up to $3,250,000 shares of Common Stock issuable under the initial Pre-Paid Purchase in the principal amount of up to $8,655,000 (the "Initial Pre-Paid Purchase") under the Securities Purchase Agreement, and (iii) the filing of a new registration statement on Form S-1 for the registration of at least 8,250,000 shares of Common Stock issuable to the Investor in con

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 5.1 Opinion of Loeb & Loeb LLP 10.1 Side Letter, dated October 30, 2025, by and between Professional Diversity Network, Inc., Inc. and Streeterville Capital, LLC 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document)

SIGNATURES

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. Professional Diversity Network, Inc. Date: October 31, 2025 By: /s/ Yiran Gu Name: Yiran Gu Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR