secwatch.observer — SEC 8-K summary
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Issuer:     Sezzle Inc. (SEZL)
CIK:        0001662991
Form:       8-K
Filed at:   2024-10-02T23:59:59+00:00
Accession:  0001662991-24-000273
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Sezzle amends WebBank agreements to keep subscription product issuance; adjusts credit facility
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- Sezzle remains issuer of Sezzle Anywhere and Sezzle Premium; WebBank exclusive for Pay-in-2/4 and card products.
- Credit Agreement amended to allow Sezzle Funding SPE II to purchase loans from WebBank under the program.
- Amendments effective September 26, 2024; full terms to be filed in Q3 10-Q.
- WebBank is Sezzle's exclusive bank for originating and financing Pay-in-2/4 products, subject to limited exceptions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1662991/000166299124000273/0001662991-24-000273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1662991/000166299124000273/szl-20240926.htm
  HTML page:      https://secwatch.observer/filing/0001662991-24-000273

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer