Professional Diversity Network Inc. entered into a warrant exchange agreement on June 30, 2025, with a holder of 250,000 Series A and 250,000 Series B warrants, both exercisable at $6.80 per share. The holder agreed to surrender a total of 500,000 warrants for cancellation. In exchange, the company issued 333,333 shares of common stock to the holder. No price per share for the new issuance was specified in the document.
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