Sezzle plans reverse stock split for Nasdaq listing
Cecile Lefort
Payment platform Sezzle plans to list its shares of common stock for trading on the Nasdaq Global Market.
To satisfy the minimum $US4 bid price required by the initial listing requirements of the Nasdaq, the company’s board has approved, subject to stockholder approval, a reverse split of the company’s common stock.
The shares will also remain listed on the Australian Stock Exchange.