Professional Diversity Network prices US$2 million public offering at US$0.28 per unit - IPDN News | RalliesProfessional Diversity Network prices US$2 million public offering at US$0.28 per unit
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IPDN• Offering terms and expected use of proceeds
- Professional Diversity Network priced a US$2 million best-efforts public offering of 7,144,000 units at US$0.28 each.
- Each unit includes one common share or one pre-funded warrant, plus one common warrant to buy one share.
- Pre-funded units were priced at US$0.2799; pre-funded warrants carry a US$0.0001 exercise price.
- Common warrants are immediately exercisable at US$0.28; they expire three years from issuance.
- Closing is expected on Aug. 13, 2026; proceeds are earmarked for an equity line investor standstill payment and working capital.
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