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ContextLogic宣布股东批准与Qoo 10的交易
2024-04-19 20:39
- ContextLogic (NASDAQ:WISH) on Friday announced that its stockholders approved the asset sale transaction with Qoo10 Pte at yesterday’s special meeting of stockholders.
- The transaction is expected to close later today, April 19, 2024.
- ContextLogic in February, said it has agreed to sell its assets and liabilities, mainly its Wish e-commerce platform, for $173 million in cash to Singaporean e-commerce company Qoo10.
- According to the preliminary results of the special meeting, about 51.5% of the company’s outstanding shares voted in favor of approving the asset sale.
- Furthermore, of the shares that were voted at the special meeting, about 97% of those shares voted in favor of the transaction.
- Source: Press Release
More on ContextLogic
- ContextLogic: Deal With Qoo10 Provides Opportunity To Make Attractive Returns
- ContextLogic's Strategic Business Sale At $6.50 Per Share
- ContextLogic says Rishi Bajaj to become CEO after Qoo10 deal closing
- ContextLogic GAAP EPS of -$2.82 misses by $0.16, revenue of $53M misses by $0.06M
- Financial information for ContextLogic
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