Amendment: Professional Diversity Network Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

Amendment re change of CFO (June 2025) true 0001546296 0001546296 2025-06-09 2025-06-09

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

 

Date of Report (Date of earliest event reported): June 9, 2025

 

 

 

55 E. Monroe Street, Suite 2120, Chicago, Illinois 60603

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (312) 614-0950

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 

 

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

This Amendment No. 1 to the Current Report on Form 8-K (the “Amendment”) of Professional Diversity Network, Inc. (the “Company”), originally filed with the United States Securities and Exchange Commission (the “SEC”) on June 13, 2025 (the “Report”), is solely for the purpose of correcting a clerical error in the effective date of Ms. Megan Bozzuto’s resignation as the interim chief financial officer of the Company. Except as expressly stated above, this Amendment is identical to the Report and does not reflect any events occurring after the date of the Report as filed with the SEC on June 13, 2025, or otherwise modify or update any of the information contained therein.

 

 

 

On June 6, 2025, Megan Bozzuto notified the board of directors (the “Board”) of Professional Diversity Network, Inc. (the “Company”) of her decision to resign as the interim chief financial officer (the “CFO”), effective upon acceptance by the Board, June 9, 2025. Ms. Bozzuto’s decision to resign is not a result of any disagreement with the Company. Ms. Bozzuto will continue to work with the Company by serving as the president of the International Association of Women (“IAW”), a subsidiary of the Company.

 

 

On June 12, 2025, upon the recommendation of the Company’s Nominating and Corporate Governance Committee, the board of directors of the Company (the “Board”) appointed Lisa Fan to serve as the new interim CFO of the Company.

 

In connection with her appointment as Interim Chief Financial Officer, Ms. Fan will receive an annual salary of $60,000 during the interim period, which will increase to $72,000 upon the conclusion of the interim term. Additionally, she has been granted stock awards valued at $20,000 annually.

 

Ms. Fan is a seasoned financial consultant and audit specialist with over 15 years of experience in corporate finance, internal auditing, and IPO readiness. She has served at Baizan Consulting in Shanghai since May 2022, where she leads IPO structuring and ensures financial compliance for private enterprises. Previously, from July 2019 to April 2022, she was Director of Internal Audit at Souche Group, where she built group-wide internal control systems and managed financial operations in preparation for dual listings in the U.S. and Hong Kong. Lisa holds a Bachelor's degree in Accounting from Zhejiang Institute of Finance and Economics and is a CPA in China.

 

There is no family relationship between Ms. Fan and any of our other officers and directors. Except for the CFO Employment Agreement described above, Ms. Fan has not had any transactions with the Company since the beginning of our last fiscal year. 

 

 

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.