ContextLogic Announces Ticker Symbol Will Change to LOGC on May 13, 2024

ContextLogic Inc. (NASDAQ: WISH) will change its ticker symbol from 'WISH' to 'LOGC' on May 13, 2024, following the sale of the Wish e-commerce platform.

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Rhea-AI Summary

ContextLogic Inc. (NASDAQ: WISH) will change its ticker symbol from 'WISH' to 'LOGC' on May 13, 2024, following the sale of the Wish e-commerce platform. The company's Class A common stock will begin trading on NASDAQ under the new symbol without requiring any action from shareholders.

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05/10/2024 - 12:52 PM EDT

OAKLAND, Calif., May 10, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ: WISH) today announced that its Class A common stock will begin trading on NASDAQ under the ticker symbol “LOGC” prior to market open on May 13, 2024. This will replace the company's current ticker symbol “WISH”, which has been used since its initial public offering in December 2020. The new ticker symbol comes following the company's sale of the Wish e-commerce platform to Qube Network Pte. Ltd., a subsidiary of Qoo10 Pte. Ltd., which was completed on April 19, 2024.

Because the company is not changing its name, no action by the company's shareholders is required with respect to the ticker symbol change. The company's Class A common stock will continue to be listed on NASDAQ and its CUSIP number will remain unchanged.

About ContextLogic
For more information on ContextLogic, please visit ir.contextlogicinc.com

Investor contact:
Ralph Fong, ContextLogic
ir@contextlogicinc.com

FAQ

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When will ContextLogic's ticker symbol change to LOGC?

ContextLogic's ticker symbol will change to LOGC on May 13, 2024.

Why is ContextLogic changing its ticker symbol from WISH to LOGC?

ContextLogic is changing its ticker symbol following the sale of the Wish e-commerce platform.

Will shareholders need to take any action for the ticker symbol change?

No, shareholders are not required to take any action for the ticker symbol change.

What will happen to ContextLogic's Class A common stock?

ContextLogic's Class A common stock will continue to be listed on NASDAQ under the new ticker symbol LOGC.

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