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0 0 0 0 0.00683860232945079 0.0149750415973377 0.00499168053244582 0.00998336106489178
Stock impact report

ContextLogic Files Definitive Proxy Statement Regarding Proposed Transaction with Qoo10

ContextLogic Inc. - Class A (WISH) 
NASDAQ:AMEX Investor Relations: wrightinvestorsservice.com/investor-relations
Company Research Source: GlobeNewswire
Board Unanimously Recommends Stockholders Vote “FOR” Pending Transaction with Qoo10 and Ensure the Preservation of $2.7 Billion of NOLs Stockholders to Receive Proxy Materials in Coming Days to Vote and Approve Transaction Special Meeting to be Held on April 12, 2024 SAN FRANCISCO, March 18, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a?Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced that a special meeting of its stockholders has been called to consider and vote on its proposed transaction with Qoo10 Pte. Ltd. (“Qoo10”), among other related proposals (the “Special Meeting”). As previously announced on February 12, 2024, a Qoo10 wholly owned subsidiary (the “Buyer”) will acquire substantially all of the Company’s operating assets and liabilities, principally comprising its Wish ecommerce platform (the “Asset Sale”), for approximately $173 million in cash, subject to certain purchase price adjustments. Taking into account the Company’s current estimates o Show less Read more
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