Online payments platform Sezzle filed to register shares with the SEC and complete a direct listing on the Nasdaq. Shares would also continue to trade on the Australian Securities Exchange.
Stock to be listed will be sold by existing shareholders; Sezzle will not raise new capital through the direct listing. The company did not reveal anticipated timing of its listing or a reference price, other than the minimum $4 per share required for a Nasdaq listing.
The registered stockholders aim to sell up to 117.2 million shares. Read more.