diff --git a/django_select2/static/django_select2/django_select2.js b/django_select2/static/django_select2/django_select2.js
index 01db20b5..935033d3 100644
--- a/django_select2/static/django_select2/django_select2.js
+++ b/django_select2/static/django_select2/django_select2.js
@@ -68,7 +68,11 @@
   }
 
   $(function () {
-    $('.django-select2').djangoSelect2()
+    $('.django-select2').not('[name*=__prefix__]').djangoSelect2()
+
+    document.addEventListener('formset:added', (event) => {
+        $(event.target).find('.django-select2').djangoSelect2()
+    })
   })
 
   return $.fn.djangoSelect2