Sezzle drops 11% on 3.4M shares secondary offering (NASDAQ:SEZL)

  • Tech-enabled payments company in U.S. and Canada – Sezzle (NASDAQ:SEZLstock price dipped 11% on Wednesday during after hours of trade as it proposed secondary offering of ~3.41M shares.
  • The selling stockholders are not being underwritten by any investment bank. 
  • The company will not receive any proceeds from the offering as it is not selling any shares.
  • Source: Form S-3