{"filing":{"accession_number":"0001437749-26-033122","cik":"0001546296","ticker":"IPDN","company_name":"Professional Diversity Network, Inc.","form":"8-K","filing_date":"2026-10-21","report_date":"2026-10-16","primary_document":"ipdn20261021_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1546296/000143774926033122/ipdn20261021_8k.htm"},"events":[{"id":36777,"run_id":33907,"accession_number":"0001437749-26-033122","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Professional Diversity Network entered into Securities Purchase Agreements to issue 146,713 shares of common stock at $1.704 per share (60% of the prior closing price) for approximately $250,000 in gross proceeds. The unregistered sale relied on Section 4(a)(2) and Regulation D exemptions to accredited investors, representing a dilutive private placement to raise capital.","company_name":"Professional Diversity Network, Inc.","ticker":"IPDN","filing_date":"2026-10-21","form":"8-K","submitted_at":null,"items":[{"id":41297,"accession_number":"0001437749-26-033122","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Professional Diversity Network entered into Securities Purchase Agreements to issue 146,713 shares of common stock at $1.704 per share (60% of the prior closing price) for approximately $250,000 in gross proceeds. This is a classic private placement of unregistered equity securities under Section 4(a)(2) and Regulation D, representing a dilutive issuance to raise capital. The discount to market price and unregistered nature are hallmarks of dilutive equity financing at smaller issuers.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-21T20:35:57.432238+00:00","company_name":"","ticker":null,"filing_date":""},{"id":41298,"accession_number":"0001437749-26-033122","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses an unregistered sale of Common Stock pursuant to Stock Purchase Agreements (SPAs), relying on Section 4(a)(2) of the Securities Act and Regulation D exemptions. The disclosure explicitly states that purchasers are \"accredited investors\" acquiring shares for investment purposes, which is the hallmark of a private placement. This is a dilutive equity issuance that would materially affect existing shareholders' ownership percentages and is a key indicator of capital-raising activity at the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-21T20:35:57.432238+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":41297,"accession_number":"0001437749-26-033122","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Professional Diversity Network entered into Securities Purchase Agreements to issue 146,713 shares of common stock at $1.704 per share (60% of the prior closing price) for approximately $250,000 in gross proceeds. This is a classic private placement of unregistered equity securities under Section 4(a)(2) and Regulation D, representing a dilutive issuance to raise capital. The discount to market price and unregistered nature are hallmarks of dilutive equity financing at smaller issuers.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-21T20:35:57.432238+00:00","company_name":"Professional Diversity Network, Inc.","ticker":"IPDN","filing_date":"2026-10-21"},{"id":41298,"accession_number":"0001437749-26-033122","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 3.02 discloses an unregistered sale of Common Stock pursuant to Stock Purchase Agreements (SPAs), relying on Section 4(a)(2) of the Securities Act and Regulation D exemptions. The disclosure explicitly states that purchasers are \"accredited investors\" acquiring shares for investment purposes, which is the hallmark of a private placement. This is a dilutive equity issuance that would materially affect existing shareholders' ownership percentages and is a key indicator of capital-raising activity at the registrant.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-21T20:35:57.432238+00:00","company_name":"Professional Diversity Network, Inc.","ticker":"IPDN","filing_date":"2026-10-21"}]}