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ContextLogic | DEFA14A: Others

ContextLogic | DEFA14A: Others

ContextLogic | DEFA14A：其他
美股sec公告 ·  04/02 16:26
Moomoo AI 已提取核心信息
ContextLogic Inc., operating as Wish and listed on NASDAQ under the ticker WISH, has announced a significant reconstitution of its Board of Directors and management team following the sale of a majority of its assets to Qoo10 Pte. Ltd. The transaction, which includes the Wish ecommerce platform, is expected to finalize in Q2 2024. Rishi Bajaj is set to become the CEO post-closure, and four new independent directors will join the Board. Six current directors will step down upon completion of the deal. The restructured Board will focus on maximizing the value of ContextLogic's approximately $2.7 billion in Net Operating Loss carryforwards. The company will continue as a publicly traded entity with post-closing cash projected between $150-157 million. A Special Meeting for shareholders to vote on the transaction is scheduled for April 12, 2024. The press release was made available on April 2, 2024.
ContextLogic Inc., operating as Wish and listed on NASDAQ under the ticker WISH, has announced a significant reconstitution of its Board of Directors and management team following the sale of a majority of its assets to Qoo10 Pte. Ltd. The transaction, which includes the Wish ecommerce platform, is expected to finalize in Q2 2024. Rishi Bajaj is set to become the CEO post-closure, and four new independent directors will join the Board. Six current directors will step down upon completion of the deal. The restructured Board will focus on maximizing the value of ContextLogic's approximately $2.7 billion in Net Operating Loss carryforwards. The company will continue as a publicly traded entity with post-closing cash projected between $150-157 million. A Special Meeting for shareholders to vote on the transaction is scheduled for April 12, 2024. The press release was made available on April 2, 2024.
ContextLogic Inc. 以Wish的名义运营，在纳斯达克上市，股票代码为WISH。在将其大部分资产出售给Qoo10 Pte之后，宣布对其董事会和管理团队进行重大重组。Ltd. 该交易包括Wish电子商务平台，预计将于2024年第二季度完成。里希·巴贾杰将在关闭后出任首席执行官，四名新的独立董事将加入董事会。交易完成后，六名现任董事将辞职。重组后的董事会将专注于实现ContextLogic约27亿美元净营业亏损结转额的价值最大化。该公司将继续作为上市实体，预计收盘后现金在1.5亿至1.57亿美元之间。定于2024年4月12日举行特别会议，供股东对该交易进行投票。该新闻稿于2024年4月2日发布。
ContextLogic Inc. 以Wish的名义运营，在纳斯达克上市，股票代码为WISH。在将其大部分资产出售给Qoo10 Pte之后，宣布对其董事会和管理团队进行重大重组。Ltd. 该交易包括Wish电子商务平台，预计将于2024年第二季度完成。里希·巴贾杰将在关闭后出任首席执行官，四名新的独立董事将加入董事会。交易完成后，六名现任董事将辞职。重组后的董事会将专注于实现ContextLogic约27亿美元净营业亏损结转额的价值最大化。该公司将继续作为上市实体，预计收盘后现金在1.5亿至1.57亿美元之间。定于2024年4月12日举行特别会议，供股东对该交易进行投票。该新闻稿于2024年4月2日发布。
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