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ContextLogic | DEFA14A: Others

ContextLogic | DEFA14A: Others

ContextLogic | DEFA14A：其他
SEC announcement ·  03/25 08:23
Moomoo AI 已提取核心訊息
ContextLogic Inc., operating as Wish and listed on NASDAQ under the ticker WISH, has issued a reminder to its stockholders to vote in favor of a proposed asset sale to Qoo10 Pte. Ltd. The special stockholders' meeting is scheduled for April 12, 2024, with stockholders of record as of March 7, 2024, eligible to vote. The transaction, which is expected to close on April 16, 2024, would result in post-closing cash ranging from $150-157 million for ContextLogic. The deal also aims to preserve $2.7 billion in net operating losses, which the company plans to utilize expeditiously. The board believes this transaction will reduce the company's cash burn and monetize operating assets at the highest value possible, while preserving significant value for stockholders. The completion of the transaction is anticipated in the second quarter of 2024, subject to stockholder approval and customary closing conditions. The press release was first made available on March 25, 2024, and provides additional information on the company's website.
ContextLogic Inc., operating as Wish and listed on NASDAQ under the ticker WISH, has issued a reminder to its stockholders to vote in favor of a proposed asset sale to Qoo10 Pte. Ltd. The special stockholders' meeting is scheduled for April 12, 2024, with stockholders of record as of March 7, 2024, eligible to vote. The transaction, which is expected to close on April 16, 2024, would result in post-closing cash ranging from $150-157 million for ContextLogic. The deal also aims to preserve $2.7 billion in net operating losses, which the company plans to utilize expeditiously. The board believes this transaction will reduce the company's cash burn and monetize operating assets at the highest value possible, while preserving significant value for stockholders. The completion of the transaction is anticipated in the second quarter of 2024, subject to stockholder approval and customary closing conditions. The press release was first made available on March 25, 2024, and provides additional information on the company's website.
ContextLogic Inc. 以Wish的名義運營，在納斯達克上市，股票代碼爲WISH。該公司已提醒其股東投票贊成向Qoo10 Pte出售資產的提議。Ltd. 特別股東大會定於2024年4月12日舉行，截至2024年3月7日的登記股東有資格投票。該交易預計將於2024年4月16日完成，將爲ContextLogic帶來1.5億至1.57億美元的收盤後現金。該交易還旨在保留27億美元的淨營業虧損，該公司計劃儘快使用這筆虧損。董事會認爲，該交易將減少公司的現金消耗，並以儘可能高的價值將運營資產貨幣化，同時爲股東保留可觀的價值。該交易預計將於2024年第二季度完成，但須經股東批准和慣例成交條件。該新聞稿於2024年3月25日首次發佈，並在公司網站上提供了更多信息。
ContextLogic Inc. 以Wish的名義運營，在納斯達克上市，股票代碼爲WISH。該公司已提醒其股東投票贊成向Qoo10 Pte出售資產的提議。Ltd. 特別股東大會定於2024年4月12日舉行，截至2024年3月7日的登記股東有資格投票。該交易預計將於2024年4月16日完成，將爲ContextLogic帶來1.5億至1.57億美元的收盤後現金。該交易還旨在保留27億美元的淨營業虧損，該公司計劃儘快使用這筆虧損。董事會認爲，該交易將減少公司的現金消耗，並以儘可能高的價值將運營資產貨幣化，同時爲股東保留可觀的價值。該交易預計將於2024年第二季度完成，但須經股東批准和慣例成交條件。該新聞稿於2024年3月25日首次發佈，並在公司網站上提供了更多信息。
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