How does the Learning Item As of Date behave in the Learning Initiatives Advanced Rules

Summary:

 in the Learning Initiatives Advanced Rules, we have Learning Item As of Date which basically pushes the content to the learners based on the provided option. Now after Activity sequencing is enabled, how does this work as we dont have the option to upload a new version of the content at the content level.

Content (required):

Version (include the version you are using, if applicable):

23A

Code Snippet (add any code snippets that support your topic, if applicable):