ContextLogic amends bylaws to modify definition of 'Acting in Concert'

ContextLogic Inc.

Board unanimously adopted Amended and Restated Bylaws on December 5, 2023, effective immediately.
Amendment only modifies the definition of 'Acting in Concert' in the bylaws.
No other changes to the bylaws were made; governance impact appears limited.
No financial or operational impact disclosed; materiality is low.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

ContextLogic Inc.: The board of directors adopted Amended and Restated Bylaws to modify the definition of 'Acting in Concert' (effective 2023-12-05).

Change: bylaw amendment
Effective: 2023-12-05

Exact text from the filing

On December 5, 2023, the board of directors of ContextLogic Inc. (the “Company”) unanimously adopted Amended and Restated Bylaws of the Company (the bylaws, as so amended and restated, the “Amended and Restated Bylaws”), effective immediately, in order to modify the definition of “Acting in Concert” contained therein.

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Source: SEC EDGAR

accession 0000950170-23-068344

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