ContextLogic (WISH) receives stockholder approval for Asset Sale transaction with Qoo10, set to close on April 19, 2024.

ContextLogic (WISH) received stockholder approval for its Asset Sale transaction with Qoo10. The transaction is expected to close on April 19, 2024, following the approval of a majority of the company's outstanding common shares. Rishi Bajaj, who will become CEO and Chairman, expressed gratitude to stockholders and looks forward to using the proceeds to maximize the value of the company's NOLs.

April 19, 2024
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