This is excellent news. The new facility removes any dark clouds over cash flow/going concern/discounted cap raises/low ball acquisitions in the short to medium term and shows huge confidence in the company from a 3rd party. No longer approaching financial distress. Sezzle has been reducing costs while increasing revenue through Premium and other methods to reach profitability- but at the expense of reduced growth - not really supporting their previous valuations imo. If they can continue on this profitability path from now onwards but also get back to being a growth stock then we can start to look upwards more confidently.
SZL Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held
