Sezzle - Journey to $1 Billion, page-101

Hey Link

The announcement says you can just do nothing and your ASX shares get switched over automatically to Nasdaq Common Stock.


It just means the switch will be done in late January, DRS statements posted out on 1 Feb, and you'll need to wait for the statement in the post which would take a few weeks. So you wouldn't be able to trade stock from 12th Jan until the date you receive the statement and link it to a broker. If you're holding long term it doesn't really matter. If the Nasdaq price spikes for any reason in late January/early February before you receive the DRS advice it might be frustrating if you can't sell, but that doesn't bother me. I suspect any decent sustained price moves will happen after the next results are posted at the end of Feb. I have a small parcel of Sezzle shares with Comsec which I was just going to leave, wait for the auto conversion and probably not even bother linking it to a broker.
Just Make sure your postal address is up-to-date with whoever it is your current shares are held with.

The DRS advice is similar to a normal CHESS holding statement, with a reference number which can be linked to a broker (such as IB) straight away. Here's a snippet of what it looks like: