Professional Diversity Network, Inc. (NASDAQ: IPDN) announced on September 30, 2026, that it has received written confirmation from The Nasdaq Stock Market LLC that the company has regained compliance with the Nasdaq Capital Market's minimum bid price requirement.
The compliance issue arose on June 5, 2026, when Nasdaq notified the company that its common stock had closed below $1.00 per share for 30 consecutive business days. To regain compliance, the company was granted a 180-calendar-day period, which was set to expire on December 2, 2026.
According to the filing, the company regained compliance on September 28, 2026. This determination was based on the closing bid price of the common stock remaining at or above $1.00 per share for 10 consecutive business days, specifically from September 14, 2026, through September 25, 2026.
The company stated that Nasdaq has determined the matter is now closed. The filing includes a press release dated September 30, 2026, as Exhibit 99.1.
