Sichenzia Ross Friedman Ference LLP Advises Aegis Capital Corp. as Underwriter for Professional Diversity Network’s $5.0M Public Offering


New York, NY –April 22, 2015 – New York based securities and corporate law firm Sichenzia Ross Friedman Ference LLP announced today that the Firm has represented Aegis Capital Corp. as sole underwriter on a public offering for Professional Diversity Network (NASDAQ: IPDN). The offering consisted of 1,670,000 shares of PDN’s common stock offered at a price to the public of $3.00 per share for total proceeds of approximately $5,000,000. The Professional Diversity Network, led by the company’s president Star Jones, is a developer and operator of online social networks providing access to employment opportunities for minority professionals.

The offering was made pursuant to a S-3 shelf registration statement. The Sichenzia Ross Friedman Ference LLP team was led by Partners Gregory Sichenzia, Marcelle Balcombe and Associate Jeffrey Cahlon.

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Sichenzia Ross Ference LLP

Sichenzia Ross Ference LLP is a nationally recognized securities and corporate law firm that provides experienced representation in all matters involving the securities industry. Super Lawyers consistently recognizes our attorneys as among the highest rated securities lawyers in the nation. Our attorneys specialize in advising clients on private placements, initial (IPOs) and secondary public offerings, alternative public offerings, preparation of SEC filings and listings on major capital stock exchanges such as the NYSE (New York Stock Exchange), NASDAQ and OTC markets. In addition, our litigation and arbitration attorneys are highly skilled in representing clients from routine lawsuits to complex cases before the SEC, FINRA and other tribunals. We also represent clients in a range of residential and commercial real estate and trusts and estates matters.

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