Professional Diversity Network, Inc.NASDAQ: IPDN

Professional Diversity Network: PDN Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement

· Issued by Professional Diversity Network, Inc.

Summary by 6ix AI

Professional Diversity Network, Inc., a technology holding company with businesses in workforce solutions, remote talent and artificial intelligence, received notice from Nasdaq on September 28, 2026 that it has regained compliance with Nasdaq's US$1.00 minimum bid price requirement and that the matter is closed.

Key details

  • On June 5, 2026, Nasdaq had notified the company that its common stock's closing bid price had been below $1.00 per share for 30 consecutive business days.
  • Following the company's previously announced reverse stock split, which combines existing shares into fewer shares, the closing bid price stayed at or above $1.00 per share for 10 consecutive business days, from September 14, 2026 through September 25, 2026.
  • The requirement is set out in Nasdaq Listing Rule 5550(a)(2).

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/professional-diversity-network-pdn-announces-regaining-compliance-with-nasdaq-minimum-bid-price-requirement

September 30, 2026

PDN Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement

Professional Diversity Network Inc. (NASDAQ:IPDN)

CHICAGO, IL, UNITED STATES, September 30, 2026 /EINPresswire.com/ -- Professional Diversity Network, Inc. (NASDAQ: IPDN) (the "Company") today announced that it has received written notification from The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement").

As previously disclosed, on June 5, 2026, Nasdaq notified the Company that the closing bid price of its common stock had been below $1.00 per share for 30 consecutive business days and that the Company therefore did not satisfy the Minimum Bid Price Requirement.

Following the Company's previously announced reverse stock split, the closing bid price of the Company's common stock remained at or above $1.00 per share for 10 consecutive business days, from September 14, 2026 through September 25, 2026.

On September 28, 2026, Nasdaq notified the Company that it had regained compliance with the Minimum Bid Price Requirement and that the matter is now closed.

About Professional Diversity Network, Inc.

Professional Diversity Network, Inc. is a technology holding company operating businesses across workforce solutions, remote talent, and artificial intelligence. Through its operating platforms and strategic initiatives, the Company seeks to connect talent, technology, and opportunity while developing new technology-driven businesses designed to create longterm shareholder value.

With the formation of PDN Intelligence, the Company intends to explore potential expansion into artificial intelligence infrastructure and GPU-powered computing.

For more information, please visit https://www.ipdn.com. Investor Contact

Professional Diversity Network, Inc. Email: [email protected] Website: https://www.ipdn.com

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