Professional Diversity Network Inc. has announced a private placement involving the unregistered sale of 1,358,000 shares of its common stock. The shares are being issued as consideration for the acquisition of 25,937,800 native utility digital tokens from DeeptradeX.ai, an Australian-based digital asset trading platform. The transaction, valued at $2,593,780, is being conducted under exemptions provided by Section 4(a)(2) of the Securities Act and Regulation D. The issued shares are subject to the limitations of Nasdaq Listing Rule 5635, and the digital tokens acquired will be subject to a 12-month lock-up period followed by a 24-month linear vesting period.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Professional Diversity Network Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-038280), on December 18, 2025, and is solely responsible for the information contained therein.