Apply based on the truthful status you have today and answer any work-authorization questions exactly as written. Waiting can create its own problem if you miss the recruiting window.

Do not describe a pending approval as completed. If your status changes after you apply, update recruiting when the change is confirmed and relevant to the role.

Because immigration rules and firm sponsorship policies vary by country and office, rely on the current application language and recruiter guidance rather than assumptions from another candidate or market.

The goal is to be accurate and timely. Apply when eligible to do so, disclose the current facts, and communicate material changes once they are official.

I would apply with the current status and update once the approval is actually final.