Dear Sezzle colleagues, The Sezzle story is getting better, (but...

Dear Sezzle colleagues, The Sezzle story is getting better, (but PAUL PARADIS is my only concern, as I wish he would sell his shares to a institutional holder).

Sezzle Set to Join Russell 3000® Index

https://au.finance.yahoo.com/news/sezzle-set-join-russell-3000-180900876.html

Sezzle Wed 5 June 2024 at 3:39 am ACST

Minneapolis, MN, June 04, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, is set to join the Russell 2000® Index and the broad-market Russell 3000® at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st, according to a preliminary list of additions.

The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.

“We are excited and incredibly proud to be joining the renowned Russell 3000® Index this July,” stated Karen Hartje, Sezzle CFO. “This milestone reflects our steadfast dedication to providing exceptional value to our shareholders. We believe that joining the index will significantly boost our visibility within the investment community, opening up new opportunities for growth and success."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of December 2023, about $10.5 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, a prominent global index provider.