Professional Diversity Network, Inc. (IPDN)
CIK 1546296 · all EDGAR filings →
Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.
Shares outstanding over time
Latest: 10.5M shares as of May 15, 2026 (10-Q). Share count fell from 13.1M to 2.1M between Nov 14, 2024 and Mar 28, 2025, a pattern consistent with a reverse split (roughly 1-for-6); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.
Cash runway
Going-concern warning
auditor flagged substantial doubt
The company itself flagged going-concern doubt in a filing.
Full breakdown: cash runway tool
Warrants
| Tranche | Warrants | Exercise price | Term | Notes |
|---|---|---|---|---|
| Series A Warrants | 250,000 | not tagged | — | — |
| Series B Warrants | 250,000 | not tagged | — | — |
| Prefunded Warrants | not tagged | $7.9 | — | — |
| Series A and B Warrants | not tagged | $6.8 | — | — |
Tranches exactly as the company dimensioned them in its 10-Q filed May 15, 2026 →. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.
Warrants outstanding: 0 underlying shares, as reported Sep 30, 2022 (10-Q).
Reported exercise price: $32.44 (aggregate figure as tagged; individual tranches vary).
Rough fully diluted estimate: 10.5M = 10.5M O/S + 0 warrant shares. An estimate, not a filing figure: it ignores converts, options and RSUs, and the two inputs carry different as-of dates.
Convertible notes
| Note | Principal | Carrying | Conv. price | Rate | If converted |
|---|---|---|---|---|---|
| First Note | $250,000 | $190,370 | $0.8 | 12% | ~312,500 sh |
| Second Note | $150,000 | — | $0.47 | 12% | ~319,149 sh |
If every note above converted at its tagged price: ~631,649 new shares on 10.5M currently outstanding. An estimate from principal ÷ conversion price, with inputs carrying different as-of dates; make-whole adjustments, capped calls and partial repurchases are not modeled.
Notes exactly as the company dimensioned them in its 10-Q filed May 15, 2026 →. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.
Fully diluted build-up
Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.
| Shares outstanding | 10.5M | May 15, 2026 |
| + Series A Warrants (if exercised) | 250,000 | Jul 1, 2025 |
| + Series B Warrants (if exercised) | 250,000 | Jul 1, 2025 |
| + First Note (if fully converted) | 312,500 | Mar 31, 2026 |
| + Second Note (if fully converted) | 319,149 | Jul 9, 2025 |
| Fully diluted estimate | 11.7M | +10.8% vs O/S |
Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.
Registrations and offerings
Registered offering capacity on live registrations: $20.0Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted
Last 12 months: 9 executed · 4 registered.
Full history and shelf status: offering checker · S-3 shelf checker
Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.
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