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Monday, October 3, 2022

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Alternative Liquidity Capital Announces Offer to Purchase Shares in LookSmart Group, Inc.

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Minnetonka, MN, August 10, 2022 –(PR.com)– Alternative Liquidity Capital has announced an offer to purchase up to 21,000 shares in LookSmart Group, Inc. (the “Company”). The shares subject to the offer constitute approximately 37% of outstanding Shares in the Company.

The Company’s shares are traded on the OTC Markets Pink Limited Information Tier. However, trading volume is extremely low. Consequently, it may be difficult for investors to sell their shares. The Purchase Price is a 65% premium to the most recent trading price as of the date of the Offer.

The Purchaser is a Delaware Limited Partnership and is not affiliated with the Issuer. The Offer is being made solely for the Purchaser to establish a passive ownership position in the Company.

Shareholders should read the Offer and related material carefully because they contain important information. Shareholders are urged to consult with financial and other professional…

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