Professional Diversity Network entered into a Stock Purchase Agreement to sell 100% of the common stock of NAPW and IAW to MEB Holding for $150,000. The board approved the deal on July 2, 2026, with accounting and economic effectiveness as of June 30, 2026. The transaction closed on July 3, 2026, upon payment of the purchase price.
Agreement details:
- Agreement type: Stock Purchase Agreement to sell 100% of NAPW and IAW shares
- Counterparty: MEB Holding
- Signed / Effective: Jul 2 2026 / Jun 30 2026
- Reason: Divest subsidiaries and streamline operations
Original SEC Filing:
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