Summary by Moomoo AI
ContextLogic Inc., known for its e-commerce platform Wish, announced the upcoming 2024 Annual Meeting of Stockholders to be held virtually on June 18, 2024. The meeting will address the election of two Class II directors, Michael Farlekas and Marshall Heinberg, the ratification of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending December 31, 2024, the advisory approval of executive officer compensation for the year ended December 31, 2023, and the advisory ratification of the Tax Benefits Preservation Plan. The plan aims to protect the company's valuable net operating loss carryforwards (NOLs) following the Asset Sale to Qoo10 Inc. The Board of Directors invites shareholders to attend the virtual meeting and vote on these key issues, emphasizing the importance of their participation regardless of the number of shares owned.