ContextLogic Encourages Stockholders to Vote at the Upcoming Special Meeting [Yahoo! Finance]
ContextLogic Inc. - Class A (WISH)
NASDAQ:AMEX Investor Relations:
wrightinvestorsservice.com/investor-relations
Company Research
Source: Yahoo! Finance
SAN FRANCISCO, April 09, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today reminded stockholders to vote at the upcoming special meeting of stockholders (the “Special Meeting”) on Friday, April 12, 2024, at 10:00 a.m. Pacific Time. The ContextLogic Board of Directors (the “Board”) recommends that stockholders vote “FOR” the proposed Asset Sale transaction with Qoo10 Pte. Ltd. (“Qoo10”). Upon closing of the transaction, ContextLogic will continue as a publicly traded company with ~$2.7 billion of net operating loss (“NOL”) carryforwards. If the Company's stockholders approve the transaction at the Special Meeting on Friday, then the Asset Sale would be scheduled to close on April 16th. In that case, the Company estimates that its post-closing cash (cash on hand and marketable securities, plus the cash proceeds from the Asset Sale) would range from $150-157 million. However, the estimate is based on an April 16th closin
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News
- ContextLogic to Announce First Quarter 2024 Results on May 8, 2024 [Yahoo! Finance]Yahoo! Finance
- ContextLogic to Announce First Quarter 2024 Results on May 8, 2024GlobeNewswire
- ContextLogic Completes Sale of Substantially All Operating Assets and Liabilities Associated with Wish to Qoo10 [Yahoo! Finance]Yahoo! Finance
- ContextLogic Completes Sale of Substantially All Operating Assets and Liabilities Associated with Wish to Qoo10GlobeNewswire
- ContextLogic announces stockholder approval of transaction with Qoo10 [Seeking Alpha]Seeking Alpha
WISH
Earnings
- 8/3/23 - Beat
WISH
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- WISH's page on the SEC website