I found this. But can anyone tell me how the APT share is converted to SQ2?What’s next?
With this approval now received, Afterpay shareholders will have a decision to make if they haven’t done so already.
By 17 January, shareholders will need to decide whether they want to receive US-listed Block shares or new Block CDIs listed on the Australian share market. The latter is the default option for local investors if no decision is made.
Two days later on 19 January, the Afterpay share price will be suspended from trade at the close of play.
After which, the following day, Block’s CDIs will commence trade on the Australian share market under the ticker SQ2 on a deferred settlement basis. Finally, on 2 February, SQ2 shares will commence trading on a normal settlement basis.
