ContextLogic Urges Stockholders to Vote FOR the Value Maximizing Transaction with Qoo10 TODAY [Yahoo! Finance]
ContextLogic Inc. - Class A (WISH)
NASDAQ:AMEX Investor Relations:
wrightinvestorsservice.com/investor-relations
Company Research
Source: Yahoo! Finance
Not Voting is the Same as Voting Against the Transaction and Could Result in Severe Value Destruction SAN FRANCISCO, April 11, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today urged stockholders to vote immediately “FOR” the proposed Asset Sale transaction with Qoo10 Pte. Ltd. (“Qoo10”) in connection with the special meeting of stockholders (the “Special Meeting”) being held on Friday, April 12, 2024, at 10:00 a.m. Pacific Time. VOTING TODAY “FOR” THE TRANSACTION IS EXTREMELY IMPORTANT AND CRITICAL TO THE FUTURE OF YOUR INVESTMENT IN CONTEXTLOGIC Upon closing of the transaction, ContextLogic will continue as a publicly traded company with ~$2.7 billion of net operating loss (“NOL”) carryforwards and $150-157 million of post-closing cash (cash on hand and marketable securities, plus the cash proceeds from the Asset Sale, assuming an April 16 th close). Maximizing the Company's post-closing cash will best position th
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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
- 4/29/24 - Form 10-K/A
- 4/29/24 - Form 3
- 4/29/24 - Form PRE
- WISH's page on the SEC website