Professional Diversity Network stock slides after pricing $2M securities offerings

seekingalpha11-19

Professional Diversity Network (NASDAQ:IPDN) has entered into a securities purchase agreement for the issuance and sale of 2.5M shares of its common stock at a purchase price of $0.80 per share. The ...

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The ...</p>\n\n<a href=\"https://seekingalpha.com/news/4306781-professional-diversity-networkstockslidesafterpricing-2-msecuritiesofferings\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4077","symbol_name":"互动媒体与服务","start_time":0,"source_url":"https://seekingalpha.com/news/4306781-professional-diversity-networkstockslidesafterpricing-2-msecuritiesofferings","article_id":"2484929133","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484929133","pubTimestamp":1732030539,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Professional Diversity Network  has entered into a securities purchase agreement for the issuance and sale of 2.5M shares of its common stock at a purchase price of $0.80 per share. The company has also agreed to issue series A common stock purchase warrants to purchase up to 2.5M shares of common stock and series B common stock purchase warrants to purchase up to 2.5M shares of common stock.  The Series A Warrants will have an exercise price of $0.86 per share, will be exercisable commencing six months from the date of issuance, and will expire five and one-half years following the date of issuance. The Series B Warrants will have an exercise price of $0.86 per share, will be exercisable commencing six months from the date of issuance, and will expire twenty-four months following the date of issuance. The gross proceeds from the offerings are expected to be ~$2M. The company expects to use the net proceeds from the offerings for general working capital. Shares of Professional Diversit","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4077":"互动媒体与服务","BK4130":"人力资源与就业服务","IPDN":"Professional Diversity Network"},"translate_title":"Professional Diversity Network股价在定价200万美元证券发行后下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IPDN":0.9},"content_text":"Professional Diversity Network (NASDAQ:IPDN) has entered into a securities purchase agreement for the issuance and sale of 2.5M shares of its common stock at a purchase price of $0.80 per share. The company has also agreed to issue series A common stock purchase warrants to purchase up to 2.5M shares of common stock and series B common stock purchase warrants to purchase up to 2.5M shares of common stock.  The Series A Warrants will have an exercise price of $0.86 per share, will be exercisable commencing six months from the date of issuance, and will expire five and one-half years following the date of issuance. The Series B Warrants will have an exercise price of $0.86 per share, will be exercisable commencing six months from the date of issuance, and will expire twenty-four months following the date of issuance. The gross proceeds from the offerings are expected to be ~$2M. The company expects to use the net proceeds from the offerings for general working capital. Shares of Professional Diversity Network were down 18% in premarket trading on Tuesday. 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