{"url_path":"/sec/ipdn/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1546296/0001437749-26-017232-index.html","accession_number":"0001437749-26-017232","cik":"0001546296","ticker":"IPDN","issuer_name":"Professional Diversity Network, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1546296/0001437749-26-017232-index.html","primary_entity_key":"0001546296","primary_entity_name":"Professional Diversity Network, Inc."},"word_count":287,"has_tables":true,"body_markdown":"**ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**\n\n \n\nDuring the three months ended March 31, 2026, the Company issued 1,388,902 shares of its Common Stock to Streeterville Capital, LLC, at a price range of $0.79 to $1.06 per share, resulting in aggregate gross proceeds of $1,205,000. \n\n \n\nThe Company entered into an agreement in December 2025 to acquire 25,937,800 DTT Tokens for $2,593,780, which was satisfied through the issuance of 1,358,000 shares of common stock on January 2, 2026, with the tokens subject to lock-up and vesting restrictions and the agreement including customary regulatory and contractual provisions.\n\n \n\nIn January 2026, the Company issued 106,753 shares of its common stock to AlignTag’s nominee shareholder with an aggregate grant-date fair value of approximately $120,000, at a price of $1.124 per share, as consideration for the completion of a job fair platform and related automated customer support and job board systems. \n\n \n\nDuring the three months ended March 31, 2026, $59,630 of principal and $15,000 of accrued interest under a $250,000 convertible promissory note issued in July 2025 was converted into 92,824 shares of the Company’s common stock at a conversion price of $0.80 per share, leaving a remaining principal balance of $190,370 as of March 31, 2026.\n\n \n\nThe sale and the issuance of the foregoing securities were offered and sold in reliance upon the exemption from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, for transactions not involving any public offering. No underwriter participated in the offer and sale of these securities, no commission or other remuneration was paid or given directly or indirectly in connection therewith, and there was no general solicitation or advertising for securities issued in reliance upon such exemption."}