March 11, 2025
Operating Assets

ContextLogic Announces Agreement to Sell Substantially All Operating Assets and Liabilities Associated with Wish to Qoo10 for $173 Million in Cash

Wish Purchase Price Represents Approximately $6.50 Per Share, a 44% Premium ContextLogic to Remain as Publicly Listed Entity, Preserving ~$2.7 Billion of Net Operating Losses (NOLs) Board Exploring Opportunity for Financial Sponsor to Help ContextLogic Inc. Monetize Value of NOLs Board Concludes Comprehensive Review of Strategic Alternatives; Unanimously Approves Transaction Board Also Adopts Tax Benefits

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Operating Assets

ContextLogic Completes Sale of Substantially All Operating

Transaction Enables Company to Preserve ~$2.7 Billion of Net Operating Losses (NOLs) Rishi Bajaj Appointed Chief Executive Officer; Four New Independent Directors Join Board of Directors SAN FRANCISCO, April 19, 2024 (GLOBE NEWSWIRE) — ContextLogic Inc. (NASDAQ: WISH) (“ContextLogic” or the “Company”), today announced that it has completed its previously announced transaction with Qoo10 Pte.

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Operating Assets

ContextLogic Inc. Reports Second-Quarter Financial Results

OAKLAND, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) — ContextLogic Inc. (Nasdaq: LOGC), (“ContextLogic,” the “Company,” “we” or “our”) today reported its financial results for the quarter and six months ended June 30, 2024. Company Update On February 10, 2024, the Company entered into an asset purchase agreement (the “Asset Purchase Agreement”) with Qoo10 Inc., a

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