Professional Diversity Network, Inc.

Snapshot

This is a tiny, shrinking staffing-platform micro-cap. FY 2025 revenue was $6.5M, down slightly, with a $6.5M net loss, more than the entire revenue base.

What's Happening Right Now

• Tue 6th Oct '26 · New venture: Subsidiary PDN Intelligence entered roughly $1.177 million of lease, loan, and revenue-sharing agreements to acquire GPU computing systems, with returns dependent entirely on a single counterparty.
• Fri 2nd Oct '26 · Leadership change: The Board declined to renew CEO Xun Wu's term and named CFO Yiran Gu as CEO effective October 2, 2026, with Gu holding both roles during the transition.
• Fri 11th Sep '26 · Reverse split: Effected a 1-for-30 reverse stock split on September 11, 2026 to cure a sub-$1 share price and defend its Nasdaq listing.
• Wed 9th Sep '26 · Going concern: Q2 2026 filing disclosed substantial doubt about the company's ability to continue operating, with just $141,831 in cash, a $946,909 working capital deficit, and shares outstanding nearly doubling in six months.
• Wed 9th Sep '26 · Offering: Closed a $2 million public offering on August 13, 2026 with warrants covering millions of additional shares; 20% of proceeds go straight to Streeterville Capital under a standstill agreement, leaving only a fraction for the business.
• Thu 13th Aug '26 · Offering: Raised $2.00M in gross proceeds through a public offering, with warrants over 422K shares.
• Fri 26th Jun '26 · Registration: Registered additional securities for sale on Form S-1.
• Wed 27th May '26 · Offering: Closed an offering. Proceeds are not disclosed in the filings reviewed.