Sezzle Inc. Files DEFA14A Proxy Materials

TL;DR

Sezzle Inc. dropped more proxy docs, no fee. Standard shareholder stuff.

AI Summary

Sezzle Inc. filed a Definitive Additional Materials proxy statement (DEFA14A) on June 11, 2024. This filing is related to the company's proxy materials and does not involve a fee. Sezzle Inc. is a business services company incorporated in Delaware with its principal office in Minneapolis, MN.

Why It Matters

This filing indicates Sezzle Inc. is providing updated or additional proxy materials to shareholders, which is a standard part of corporate governance and shareholder communication.

Risk Assessment

Risk Level: low — This is a routine SEC filing for proxy materials, not indicating any immediate financial or operational risk.

Key Players & Entities

• Sezzle Inc. (company) — Registrant
• 0001662991-24-000168.txt (document) — Filing document name
• 20240611 (date) — Filing date
• 700 NICOLLET MALL SUITE 640 MINNEAPOLIS MN 55402 (address) — Company business and mailing address

FAQ

Key Financial Figures

• $0.00001 — ich Registered Common Stock, par value $0.00001 per share SEZL The Nasdaq Stock Market

Filing Documents

• defa14apurcelldeparture.htm (DEFA14A) — 48KB
• sezzle_symbola.jpg (GRAPHIC) — 33KB
• 0001662991-24-000168.txt ( ) — 95KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure On June 7, 2024, the Company issued a press release announcing Mr. Purcell's resignation, which press release is filed as Exhibit 99.1 to this Current Report.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release of Sezzle Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SEZZLE INC. Dated June 10, 2024 By s Charles Youakim Charles Youakim Chief Executive Officer Exhibit 99.1 Sezzle Announces Resignation of Paul Purcell from its Board of Directors and Postpones Annual Meeting of Stockholders June 07, 2024 0702 ET Source Sezzle Minneapolis, MN, June 07, 2024 (GLOBE NEWSWIRE) -- Sezzle Inc. (NASDAQ SEZL ) ( Sezzle or Company ) Sezzle today announced that Paul Purcell resigned from its Board of Directors on June 6, 2024, and declined to stand for reelection at the 2024 Annual Meeting of Stockholders. Mr. Purcell served on Sezzle's Board for 5 years (since April 2019) and was most recently a member of the Company's Audit and Risk Committee, Compensation Committee, and Nominating and Corporate Governance Committee. "On behalf of our Board and Sezzle's management team, we thank Paul for his service and longstanding commitment to the Company," stated Charlie Youakim, Sezzle Chairman and CEO. "We greatly appreciate the leadership, insight, and expertise that Paul has provided over the past 5 years, as Sezzle has grown during his tenure from being a private company to becoming a publicly listed company on the NASDAQ." Mr. Purcell leaves Sezzle's Board of Directors to focus on his increasing professional commitments. He currently serves as Chief Investment Officer of Jupiter Management and is on the board of directors of AeroPay, GigWage, Prizeout, Winstyr, CarHop, LayUp, and What's Next Media. The Board of Directors and the Company's management team would like to thank Mr. Purcell for his valuable contributions to Sezzle and wish

Forward Looking Statements

Forward Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business. Forward-looking statements include our expectations, whether stated or implied, regarding our financing plans and other future events. Forward-looking statements generally can be identified by the use of words such as anticipate, expect, plan, could, may, will, believe, estimate, forecast, goal, project, and other words of similar meaning. These forward-looking statements address various matters including statements regarding the timing or nature of future operating or financial performance or other events. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others impact of the "buy-now, pay-later" ("BNPL") industry becoming subject to increased regulatory scrutiny impact of operating in a highly competitive industry a change in our intention to become listed on the Nasdaq Capital Market impact of a reverse stock split on the value of our common stock impact of macro-economic conditions on consumer spending our ability to increase our merchant network, our base of consumers and underlying merchant sales (UMS) our ability to effectively manage growth, sustain our growth rate and maintain our market share our ability to meet additional capital requirements impact of exposure to consumer bad debts and insolvency of merchants impact of the integration, support and prominent presentation of our platform by our merchants impact of any data security breaches, cyberattacks, employ

View Full Filing

View this DEFA14A filing on SEC EDGAR