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An update from Professional Diversity ( (IPDN) ) is now available.
Professional Diversity Network, Inc. announced the termination of its Common Stock Purchase Agreement with Tumim Stone Capital LLC, which was initially entered on June 30, 2023. The agreement allowed the company to sell up to $12,775,000 worth of newly issued shares, but as of the latest report, only $2,846,017 worth of shares had been sold. The termination notice was given on February 25, 2024, and will be effective five business days thereafter, indicating no further shares will be sold under this agreement.
More about Professional Diversity
YTD Price Performance: -41.72%
Average Trading Volume: 264,703
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.17M
For an in-depth examination of IPDN stock, go to TipRanks’ Stock Analysis page.