SAN FRANCISCO, April 19, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) announced its stockholders have approved the Asset Sale transaction with Qoo10 Pte. Ltd. (“Qoo10”) at yesterday’s Special Meeting of Stockholders (the “Special Meeting”). The transaction is expected to close later today, April 19, 2024.Rishi Bajaj, who will become Chief Executive Officer and Chairman of the Board at the closing of the Asset Sale, stated: “On behalf of the Board of Directors, we would like to thank our stockholders for their support of the Asset Sale. Having achieved this important milestone, we look forward to closing the transaction later today and using the proceeds and our other post-closing cash to maximize the value of the Company’s NOLs for the benefit of our stockholders.”Approval of the Asset Sale required the approval of the holders of at least a majority of the Company’s outstanding common shares

NEW YORK--(BUSINESS WIRE)--A Place for Mom, Inc. ("APFM” or the “Company”), the leading senior care advisory service in North America, today announced that President Tatyana Zlotsky has been appointed Chief Executive Officer and will join the Company’s Board of Directors. Chief Executive Officer Larry Kutscher will transition to Chairman of the Board and continue to provide strategic oversight of the Company’s growth plans. These changes are a culmination of a thoughtful, planned succession process and are effective May 2, 2024. Zlotsky brings over 20 years of experience driving strategic business outcomes, operational excellence, and innovation. She joined APFM in 2019 as CMO, serving in successive leadership roles since that time, including most recently as President and Chief Revenue Officer