Sezzle Inc. (ASX:SZL) today confirms that it has confidentially submitted a draft Registration Statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to the proposed underwritten Initial Public Offering (IPO) of the Company’s common stock in the United States.
The number of shares to be offered and the price range for the proposed IPO have not yet been determined. The IPO is expected to take place after the SEC completes its review process, subject to market and other conditions.
Sezzle is a purpose-driven company on a mission to financially empower the next generation. As of June 30, 2021, the platform has supported the business growth of over 40,000 Active Merchants while serving approximately 2.9 million Active Consumers. Through its payments products it aims to enable consumers to take control over their spending, be more responsible, and gain access to financial freedom.
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