By Divya, 7.34am ET-Sezzle Inc. (SEZNIL)(ASX:SZL) (Sezzleor Company) advises 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.
This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities. This announcement is being made pursuant to and in accordance with Rule135 under the Securities Act of 1933, as amended (the “Securities Act”). As required by Rule 135, this press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. Any offers, solicitation or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.
This announcement was approved by the Company’sCEO and Executive Chairman, Charlie Youakim, on behalf of the Sezzle Inc. Board.