ContextLogic Announces Adjournment of Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote “FOR” the Transaction with Qoo10
Approximately 97% of Shares Voted have been “FOR” the Transaction;Approximately 500,000 Additional Shares Needed to Vote “FOR” to Complete Transaction. Urges ALL Stockholders to Protect the Value of their Investment by Voting “FOR” the Transaction TODAY. To realize the benefits of this value-maximizing Asset Sale, the holders of a majority of ContextLogic outstanding shares must vote in support of the transaction. Approximately 97% of the shares voted have been “FOR” the Asset Sale. ContextLogic currently needs approximately 500,000 additional shares to vote “FOR” the transaction in order to achieve the necessary threshold. The adjournment will provide time to solicit additional proxies necessary to obtain the requisite approval.ContextLogic stockholders can vote online or by telephone by following the easy instructions on the previously provided proxy card.To ensure your shares are represented at the Special Meeting, ContextLogic stockholders are urged to vote online or by telephone b