IPDN Finalizes 1-for-30 Reverse Split Effective Sept 11
IPDN sits 21% above its 52-week low of $0.101 on elevated volume (1.9× avg).
Summary
IPDN finalized a 1-for-30 reverse stock split effective September 11, 2026, reducing outstanding shares from ~19.97M to ~665,811 to address Nasdaq listing requirements.
Key Events · Corporate Governance and Compliance · IPDN
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1-for-30 Reverse Split Finalized
Effective September 11, 2026 at 5:30 p.m. ET, every 30 shares of IPDN common stock will consolidate into one share.
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Post-Split Share Count
Based on 19,974,323 shares outstanding as of September 9, 2026, approximately 665,811 shares are expected to remain after the split, subject to fractional share rounding.
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Nasdaq Compliance Effort
The reverse split follows the company's August 10-Q disclosure of Nasdaq delisting risk and going concern doubt, positioning the stock to regain minimum bid price compliance.
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Trading Timeline
Shares begin trading on a split-adjusted basis on the Nasdaq Capital Market at the open on September 14, 2026, under new CUSIP 74312Y509.
Analysis · IPDN · Technology
Professional Diversity Network has finalized its reverse stock split at a 1-for-30 ratio, effective September 11, 2026. The move consolidates roughly 19.97 million shares into approximately 665,811 shares, a step aimed at regaining Nasdaq compliance after the company disclosed delisting risk and going concern doubt in its August 10-Q. The split itself does not change authorized share count or ownership percentages, but it is a critical survival maneuver for a distressed company trading near $0.12.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.2% of the 1943 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.21%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, IPDN was trading at $0.12 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.8M. The 52-week trading range was $0.10 to $5.07. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.