So they are proposing somewhere between 1:5 and 1:50 reverse split. I figured it would be around 20.
From the Sezzle Inc. Special Meeting communication:
"To approve an amendment of the Company’s Fourth Restated Certificate of Incorporation to effect a reverse stock split of the outstanding shares of its common stock (Common Stock) at a ratio of not less than one-for-five (1:5) and not more than one-for-fifty (1:50), with the exact ratio to be set at a whole number within this range as determined by our Board of Directors, and without change to the total number of authorized shares of capital stock of the Company"
SZL Price at posting:
77.0¢ Sentiment: Buy Disclosure: Held