Professional Diversity Network Increases Authorized Capital Stock to 1.001B Shares

Professional Diversity Network, Inc. announced that its stockholders approved an amendment to the company's certificate of incorporation. This amendment significantly increases the total authorized capital stock from 46 million shares to 1.001 billion shares. The authorized common stock increased from 45 million to 1 billion shares, while preferred stock remained at 1 million shares. Additionally, the par value for both common and preferred stock changed from $0.01 to $0.0001 per share. The company filed the amendment on July 23, 2026.