PROFESSIONAL DIVERSITY NETWORK, INC. (IPDN) 8-K Summary
Date of Event: October 30, 2025
Material Financing Update
The Company entered a Side Letter with Investor Streeterville Capital, LLC concerning the existing $20M Securities Purchase Agreement (SPA).
Key investor actions required for fund release:
- Investor will release $1,000,000 from the Deposit Account upon filing of a Prospectus Supplement.
- Company must withdraw prior Form S-1.
- Company must file a Prospectus Supplement to register up to $3,250,000 shares related to the Initial Pre-Paid Purchase ($