Professional Diversity Network Acquires Additional Equity Interest in RemoteMore USA, Inc.
Professional Diversity Network, Inc. (IPDN)
US:NASDAQ Investor Relations:
investor.prodivnet.com
Company Research
Source: GlobeNewswire
CHICAGO, March 27, 2023 (GLOBE NEWSWIRE) -- Professional Diversity Network, Inc. (NASDAQ:IPDN) (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, announced the acquisition of additional 20% of equity interest in RemoteMore USA, Inc. (“RemoteMore”) on March 23, 2023, an online platform specializing in remote-hiring of software developers, increasing PDN’s ownership position in RemoteMore to approximately 66% after the transaction. Recognizing the unstoppable trend of remote working and the surged demand of a curated workforce pool, PDN purchased approximately 46% of equity interest in RemoteMore back in September 2021. Since that acquisition, RemoteMore has continuously grown its revenue and operations. During the first three quarters of 2022, RemoteMore booked approximately $1,882,000 of gross revenue, six times more than the same period in
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News
- Professional Diversity Network (NASDAQ:IPDN) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Professional Diversity Network (NASDAQ:IPDN) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Professional Diversity Network, Inc. Announces Launch of Global RWA Digital Asset Management Platform: AI Empowers Real-World Assets On-Chain, Marking a New Step in the Development of Digital EquityGlobeNewswire
- IPDN Welcomes His Highness Shaikh Ali Sultan Al Nuaimi of the UAE Royal Family as Independent DirectorGlobeNewswire
- Professional Diversity Network, Inc. Announces Strategic Collaboration with European Regulated Digital Finance Firm to Explore Joint Development of Global RWA ExchangeGlobeNewswire
IPDN
Sec Filings
- 12/18/25 - Form 8-K
- 12/8/25 - Form D
- 12/8/25 - Form D
- IPDN's page on the SEC website