ContextLogic Holdings Inc. · OTC:LOGC
ContextLogic — Merger or Acquisition (February 2024)
5 slides from ContextLogic's merger presentation, Feb 12, 2024
Slide 1: Protecting Value and Upside for Shareholders
® contextLogic Protecting Value and Upside for Shareholders ContextLogic Selling Substantially All Operating Assets and Liabilities Associated with Wish to Qoo10 for ~$173 Million’ in Cash Wish 1 wi I , Qooto sent I Singaporean e-commerce platform, he J, 1 I Pmaretplaces in Asia Bo & @ I \ Pere echn
Slide 2: Additional Information and Where to Find It
® contextLogic Additional Information and Where to Find It “Company, by Qo010 Ine, “Buyer) “Aareoment), 2024 PTE. (te Parent) “SEC) “Transactons), Transactons (once ad Floor, ‘San Francisco, Calfomia 94104, Atenton: Ralph Fong. Participants in the Solicitation The directors “paropants Tansacto SEC,
Slide 3: Realizing the Value of Net Operating Losses (NOLs)
® ContextLogic Realizing the Value of Net Operating Losses (“NOLs”) ContextLogic, the parent company of Wish, has entered into an agreement to sell substantially all of the operating assets and liabilities, principally comprising its Wish e-commerce platform, for approximately $173 million’ in cash.
Slide 4: ContextLogic Transaction Announcement, February 12, 2024
) has unanimously eement to sell substantially all of its operating assets and liabilities, principally comprising its Wish ecommerce platform, to Qoo10, , for approximately $ million in cash, subject to certain purchase price adjustments. The purchase price represents approximately $6.50 per share
Slide 5: Exciting News!
Exciting News! [ 🎉 ] Today, @Wish’s parent company ContextLogic announced plans to sell the Wish ecommerce platform to Qoo10 . What is Qoo10 ? [ ✅ ] A Singaporean-based e-commerce platform that operates localized online marketplaces in Asia. [ ✅ ] They strive to provide buyers and sellers a diverse