Every investor in Professional Diversity Network, Inc. (NASDAQ:IPDN) should be aware of the most powerful shareholder...

Professional Diversity Network, Inc. (NASDAQ: IPDN, the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, announced the establishment of a new subsidiary- Kids Enrichment Academy Ltd. (欢乐童行北京教育科技发展有限公司) (“KEA”). Kids Enrichment Academy (“KEA”) is a wholly owned subsidiary of Jiangxi PDN Culture Media Co., Ltd. (“JXPDN”).

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The Company received the letter on April 2, 2020, which stated that‎ the Company no longer complies with Nasdaq Listing Rules because it did not file its Annual Report on Form 10-K for the fiscal year ended December 31, 2019 (the “2019 10-K”) by the due date, March 30, 2020. The letter also stated that the Company has 60 calendar days to submit a plan to regain compliance and, if the plan is accepted by Nasdaq, Nasdaq can grant an exception of up to 180 calendar days from the due date, or until September 28, 2020, to regain compliance.

NEW YORK, Nov. 26, 2019 -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that the trading halt status in Professional Diversity Network, Inc. (Nasdaq:IPDN) was changed to.