Professional Diversity Network, Inc. has entered into new financing agreements with two non-affiliated accredited investors. On July 7 and July 9, 2025, the company finalized Convertible Note Purchase Agreements, resulting in the issuance of unsecured convertible promissory notes with principal amounts of $250,000 and $150,000, respectively. The total proceeds from these agreements amount to $400,000. These notes carry an interest rate of 12% per annum and will mature 360 days after their issuance. In the event of default, the interest rate will increase to 18%. The notes are convertible into restricted shares of the company's common stock at a conversion price determined by specific market conditions, with a minimum floor price set at $0.47. This strategic move aims to bolster the company's financial standing and support its growth initiatives.