The incumbent Board of Directors of $WISH made decisions that appear to have caused the stock to fall by more than 98%.     After this fall in the stock price, shareholders reluctantly contacted the Foundation for Stockholder Democracy and asked the Foundation to show the WISH situation to established shareholder activist funds.   Multiple shareholder activist funds took action to unlock value.   A shareholder activist was added to the Board.   This shareholder activist moved to sell the operations of WISH and preserve the large NOL of WISH for the benefit of all shareholders. If you are interested in discussing the success of shareholder activism at WISH, please email Anu Bansal at  anu@stockholderdemocracy.com also please connect to Anu on Linkedin also please follow the Proxy Contest Association on X - it is @proxycontests

$WISH appears to be a classic Buffet net net. $WISH appears to have a $100 million market cap with more than $200 million in NET cash in the bank. It is possible that shareholder activism is the only possible way to un lock value. If you want to discuss, DM us

We are heavily involved in the activist campaign at ContextLogic ($WISH). If you want to discuss it please message us