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Hot Stocks
Professional Diversity Network updates Nasdaq's notice of equity deficiency » 09:11
07/15/21
07/15
09:11
07/15/21
09:11
IPDN

Professional Diversity Network

$1.53 /

+0.03 (+2.00%)

Professional Diversity…

Professional Diversity Network updates its progress on Nasdaq's notice of equity deficiency. As previously disclosed, on May 21, 2021, the company received a letter from Nasdaq notifying the company that it is not in compliance with the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550b1 requires listed companies to maintain stockholders' equity of at least $2.5M. In the company's Quarterly Report on Form 10-Q for the period ended March 31, 2021, the company reported stockholders' equity of $964,288, which is below the minimum stockholders' equity required for continued listing. On July 9, 2021, the company closed the registered direct offering, pursuant to which certain institutional accredited investors purchased 1,470,588 shares of the company's common stock, par value 1c per share, at a per share price equal to $1.70 for gross proceeds of $2,499,999.60, pursuant to its Registration Statement on Form S-3. As a result of the Transaction, the stockholders' equity of the Company as of July 9, 2021 is approximately $2.9M. The company therefore believes that as of the date hereof the company has regained compliance with Nasdaq Listing Rule 5550b.

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IPDN Professional Diversity Network
$1.53 /

+0.03 (+2.00%)

Syndicate
Professional Diversity Network prices $2.5M registered direct offering at $1.70 » 08:50
07/07/21
07/07
08:50
07/07/21
08:50
IPDN

Professional Diversity Network

$2.13 /

+0.22 (+11.52%)

Professional Diversity…

Professional Diversity Network announced it has entered into definitive agreements with institutional investors for the purchase and sale of its common stock at a purchase price of $1.70 per share in a registered direct offering for gross proceeds of $2.5M before deducting expenses. The closing of the offering is expected to occur on or about July 9, 2021, subject to the satisfaction of customary closing conditions.

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IPDN Professional Diversity Network
$2.13 /

+0.22 (+11.52%)

Over a quarter ago
Hot Stocks
PDN announces launch of Kappa Alpha Psi Fraternity job board » 09:04
04/01/21
04/01
09:04
04/01/21
09:04
IPDN

Professional Diversity Network

$2.38 /

+0.09 (+3.93%)

Professional Diversity…

Professional Diversity Networky announced its launch of the Kappa Alpha Psi Fraternity job board, a fully integrated job board located on undefined's website. Kappa Alpha Psi is the second oldest historically black fraternity. PDN collaborated with undefined to launch an easy-to-access job board at the undefined website for their over 170,000 initiated members

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IPDN Professional Diversity Network
$2.38 /

+0.09 (+3.93%)

IPDN Professional Diversity Network
$2.38 /

+0.09 (+3.93%)

Hot Stocks
Professional Diversity Network to acquire interests in RemoteMore USA » 08:22
03/26/21
03/26
08:22
03/26/21
08:22
IPDN

Professional Diversity Network

$2.56 /

-0.17 (-6.23%)

Professional Diversity…

Professional Diversity Network announced that it has entered into a stock purchase agreement to acquire equity interests in RemoteMore USA. The transaction is subject to satisfaction of closing conditions and is expected to close in the second quarter of 2021. Upon completion the Company will have ability to become RemoteMore's largest shareholder and obtain significant influence on its operations. RemoteMore is a technology company that addresses the increasing demand for qualified candidates by connecting them with businesses through an extensive, remote services network. The virtual network will allow businesses to access candidates from a wider scope, transcending the current geographic limitations.

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IPDN Professional Diversity Network
$2.56 /

-0.17 (-6.23%)

IPDN Professional Diversity Network
$2.56 /

-0.17 (-6.23%)

Hot Stocks
Professional Diversity Network announces shift in business strategy for IAW unit » 08:46
02/22/21
02/22
08:46
02/22/21
08:46
IPDN

Professional Diversity Network

$4.27 /

+0.15 (+3.64%)

Professional Diversity…

Professional Diversity Network announces a strategic shift in the underlying business model for the International Association of Women, a business unit of the Company. "We are implementing a strategy that will lead to better product offerings for our members and a better performing business overall," said Adam He, CEO of PDN. The Company made the decision to pivot the IAW business unit in advance of launching a new website and committing to an online membership acquisition model utilizing ecommerce-centric technology to replace the previous telemarketing business model. This strategy is expected to boost productivity and reduce cost; the shift is essential when aligned with the Company's overall long-term strategy around seeking to maximize profitability as we enter into the era of virtual and remote working environment. As part of the transition in strategy, IAW has adjusted its workforce, downsizing by nearly 50%. "We believe we have a lean, efficient team in place that is positioned to effectuate the change necessary for IAW to succeed. The increased transparency in member and lead engagement provides us with invaluable insights to refine our product offerings that better cater to our members' needs."

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IPDN Professional Diversity Network
$4.27 /

+0.15 (+3.64%)

IPDN Professional Diversity Network
$4.27 /

+0.15 (+3.64%)

Hot Stocks
Professional Diversity Network enters partnership with Phala Network » 08:22
12/30/20
12/30
08:22
12/30/20
08:22
IPDN

Professional Diversity Network

$1.36 /

+0.065 (+5.02%)

Professional Diversity…

Professional Diversity Network announced its partnership with Phala Network, a technology company that specializes in confidentiality-preserving and privacy-first blockchain application development. "We are excited to partner with Phala Network to explore potential integration of substrate-based, confidential smart contract blockchain technology into our PDN network, which could potentially enhance our delivery rate and protect network users' and clients' privacy from data-mining," said Adam He, CEO of PDN.

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IPDN Professional Diversity Network
$1.36 /

+0.065 (+5.02%)

IPDN Professional Diversity Network
$1.36 /

+0.065 (+5.02%)

Earnings
Professional Diversity Network reports Q3 EPS (7c) vs. (4c) last year » 08:28
11/13/20
11/13
08:28
11/13/20
08:28
IPDN

Professional Diversity Network

$1.05 /

+ (+0.00%)

Reports Q3 revenue $1.3M…

Reports Q3 revenue $1.3M vs. $952,000 last year. "The significant investments we have made in our e-commerce, technology platform and branding initiatives in the current year have begun to reflect these positive financial results. Typically, our fourth quarter is the strongest quarter of the year as a result of client renewals, and due to increased political and corporate awareness efforts in terms of greater diversity recruitment and in creating a more inclusive workplace, we expect to benefit from these initiatives and expect to finish the year in a very strong position," said Adam He, CEO of Professional Diversity Network.

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IPDN Professional Diversity Network
$1.05 /

+ (+0.00%)

Hot Stocks
Professional Diversity Network collaborates with brand marketer » 08:02
09/04/20
09/04
08:02
09/04/20
08:02
IPDN

Professional Diversity Network

$1.07 /

-0.02 (-1.83%)

Professional Diversity…

Professional Diversity Network announced it has entered into a collaboration agreement with Chicago-based brand marketer Ms. Brittany Applegate, an experienced branding consultant and diversity, equity, and inclusion advocate. PDN and Ms. Applegate's collaboration will focus on enhancements to important messaging methodologies and brand materials to better communicate the Company's offerings to its current and potential customers as well as job seekers. PDN realizes the importance of incorporating third-party inputs to provide a fresh take on ongoing strategies and to expand our understanding of diverse, professional communities.

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IPDN Professional Diversity Network
$1.07 /

-0.02 (-1.83%)

Hot Stocks
Professional Diversity Network subsidiary launches virtual networking platform » 08:57
08/10/20
08/10
08:57
08/10/20
08:57
IPDN

Professional Diversity Network

$1.50 /

-0.06 (-3.85%)

International Association…

International Association of Women announced the launch of extended virtual programs. IAW is the subsidiary of Professional Diversity Network. Earlier this year, IAW launched two new initiatives to provide support and resources to help connect women: Regional Networking Events and Virtual Networking Roundtables. According to a recent survey conducted by Professional Convention Management Association, a widely recognized network of business events strategists, 87% of event industry professionals said they have canceled - and 66% have postponed - events as a result of COVID-19. Seven out of 10 respondents have moved their face-to-face events partially or fully to a virtual platform, and believed these types of events will continue alongside in-person events in the future. Therefore, IAW recognizes that now more than ever, virtual events are key to continuing to foster networking opportunities that bring our members together, and we were excited to announce these two innovative programs. Regional Networking Events are hosted through Zoom meetings, which allows for interaction through video and chat. Keynote speakers provide collaborative content that inspires, motivates and educates viewers. Past topics have covered personal branding, confidence in women, motivation, and building an elevator pitch. Meeting participants also take part in breakout rooms, which allow for small-group discussion and networking. These events are open to the public and can be accessed through iawomen.com/events.

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IPDN Professional Diversity Network
$1.50 /

-0.06 (-3.85%)

Hot Stocks
Professional Diversity Network partners with Web Scribble » 09:23
08/05/20
08/05
09:23
08/05/20
09:23
IPDN

Professional Diversity Network

$1.16 /

+0.025 (+2.20%)

Professional Diversity…

Professional Diversity Network announced its partnership with Web Scribble Solutions, a provider of career center technology for professional and trade associations. PDN's refreshed and user-friendly interface will continue to connect qualified job seekers with employers. PDN's employer clients will be able to reap the benefits of updated technology and additional sales support, thanks to Web Scribble's integration with PDN's database. PDN also anticipates increase in employer traffic and e-commerce transactions due to the improved layout of the Job Board.

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IPDN Professional Diversity Network
$1.16 /

+0.025 (+2.20%)

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