Shares of Professional Diversity Network Inc (NASDAQ:IPDN) surged 52.8% in premarket trading Tuesday following the news that two members of the company’s board have resigned.
In a regulatory filing, the company confirmed that Long Yi and Eloisa Sultan stepped down from their positions as directors effective September 17, 2025. The filing noted that both directors emphasized their resignations were “not the result of any disagreement with the company regarding its operations, policies, or practices.”
Professional Diversity Network added that its board is actively seeking and evaluating candidates to fill the vacancies created by these departures.
The company, which operates professional networking platforms aimed at supporting diversity recruitment and professional development, did not provide further details about the reasons for the resignations or the expected timeline for appointing new board members.
Professional Diversity Network stock price
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