01:20 PM EDT, 10/25/2024 (MT Newswires) -- Professional Diversity Network ( IPDN ) filed a registration statement with the US Securities and Exchange Commission Friday for the potential sale of up to $25 million of its securities from time to time.

The filing covers common stock, preferred stock, warrants, rights and units, the company said.

Net proceeds will be used for working capital, capital expenditures, debt repayment, acquisitions or other uses, it added.

The company's shares were up 8.1% in recent trading.

Price: 0.97, Change: +0.07, Percent Change: +8.06