textLogic (WISH) - 2024 Q1 - Quarterly Results

As previously disclosed, on April 19,2024, we completed the sale of substantially all of our assets to Qube Network Pte. Ltd. (the "Buyer"), an affiliate of Qoo10 Inc., a Delaware corporation ("Qoo10 Delaware"), other than (A)our federal income tax net operating loss carryforwards ("NOLs") and certain of our other tax attributes, (B)our marketable securities and (C) certain of our cash and cash equivalents (the "Asset Sale") pursuant to the terms of the Asset Purchase Agreement, dated February10,2024, by an ...