# Professional Diversity Network, Inc. (IPDN) — restructuring/exchange_offer [announced]
Source: sec.gov · situation sit_2d7b572803d685e85d3a · public 6110269938740119442 · retrieved 2026-08-20T13:18:46.172Z

## Overview
Professional Diversity Network, Inc. is a Delaware corporation that provides computer programming and data processing services.

On August 13, 2026, Professional Diversity Network, Inc. closed a best-efforts public offering in which it sold 1,620,000 units at $0.28 per unit and 5,524,000 pre-funded units at $0.2799 per pre-funded unit. Each unit consisted of one share of common stock and a common warrant to purchase one share at $0.28. Each pre-funded unit consisted of a pre-funded warrant exercisable for one share at $0.0001 and a common warrant to purchase one share at $0.28. The Company received gross proceeds of approximately $2 million before deducting placement agent fees and offering expenses. The common warrants expire on the third anniversary of issuance and are subject to anti-dilution adjustments and a floor price of $0.08. The pre-funded warrants are immediately exercisable at $0.0001 per share.

## Terms
- Deal value: $2.0M · Consideration: mixed · Price/share: $0.28

## Key dates
- Announced 2026-08-13

## Timeline
- 2026-08-13 · 8-K (0001437749-26-027711): 8-K - Professional Diversity Network, Inc. — *Professional Diversity Network, Inc. is a Delaware corporation that provides computer programming and data processing services.* On August 13, 2026, Professional Diversity Network, Inc. closed a best-efforts public offering in which it sold 1,620,000 units at $0.28 per unit and 5,524,000 pre-funded units at $0.2799 per pre-funded unit. Each unit consisted of one share of common stock and a common warrant to purchase one share at $0.28. Each pre-funded unit consisted of a pre-funded warrant exercisable for one share at $0.0001 and a common warrant to purchase one share at $0.28. The Company received gross proceeds of approximately $2 million before deducting placement agent fees and offering expenses. The common warrants expire on the third anniversary of issuance and are subject to anti-dilution adjustments and a floor price of $0.08. The pre-funded warrants are immediately exercisable at $0.0001 per share.
  https://www.sec.gov/Archives/edgar/data/1546296/0001437749-26-027711.txt

## Citations
- 0001437749-26-027711 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000143774926027711