ContextLogic Stockholders Can Vote Today “FOR” the Value Maximizing Transaction with Qoo10 [Yahoo! Finance]
ContextLogic Inc. - Class A (WISH)
NASDAQ:AMEX Investor Relations:
wrightinvestorsservice.com/investor-relations
Company Research
Source: Yahoo! Finance
NOL Infographic NOL Infographic SAN FRANCISCO, March 25, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today reminded stockholders to vote “FOR” the proposed Asset Sale transaction with Qoo10 Pte. Ltd. (“Qoo10”) in advance of the special meeting of its stockholders (the “Special Meeting”) scheduled for April 12, 2024. ContextLogic stockholders of record at the close of business on March 7, 2024, are entitled to vote at or in advance of the Special Meeting. The Company currently estimates that its post-closing cash (cash on hand and marketable securities, plus the cash proceeds from the Asset Sale) would range between $150-157 million, assuming an April 16th closing. The transaction preserves $2.7 billion of net operating losses (“NOLs”), which the Company plans to work expeditiously to utilize. After reducing substantially all of the Company's cash burn, the post-closing Board will conduct a careful and extensive revi
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WISH
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
- 4/25/24 - Form 144
- 4/24/24 - Form 144
- 4/23/24 - Form 4
- WISH's page on the SEC website