Overstock Announces National Charitable Partnership with Mercy Housing
September 23 2021 - 8:30AM
Overstock.com, Inc. (NASDAQ:OSTK), a leading e-commerce home
furnishings retailer, announces its charitable partnership with
Mercy Housing, a non-profit organization dedicated to providing
affordable homes to individuals and families with low incomes
nationwide. As part of the partnership, Overstock commits to
provide support, product donations, and employee volunteer
opportunities, and to facilitate customer donations on Overstock’s
website.
Mercy Housing is committed to providing homes and improving
residents’ health and wellness, education, financial stability, and
community engagement. Since it was founded in 1981, Mercy Housing
has built strong communities and created opportunities for
residents to thrive, find stability, and establish homes. Today, it
owns and manages over 24,000 affordable apartment homes at 340+
properties throughout the U.S. These locations support the effort
to create more stable, affordable, and healthy communities for
underserved populations across the country.
“Mercy Housing’s mission is to give every person access to one
of the most basic and important needs – a comfortable, affordable,
and long-term home. This aligns perfectly with our vision of
creating Dream Homes for All,” said Jonathan Johnson, CEO of
Overstock. “Since we’re passionate about the home, we’re thrilled
to work closely with Mercy Housing to change lives in a way that’s
personal to us.”
“It takes partners like Overstock to realize our vision of
providing quality housing and positively impacting the lives of
residents,” said Ismael Guerrero, President and CEO of Mercy
Housing. “We are grateful for Overstock’s belief in our mission to
strengthen families through affordable housing and resident
services. Mercy Housing is excited about our relationship with
Overstock as we work to build better communities for all.”
At a local level, Overstock is collaborating with the Mercy
Housing location near its Salt Lake City headquarters. Overstock
will be providing fundraising, furnishings, and volunteers, and
supporting Mercy Housing’s out-of-school program. This program
offers residents up to the age of 18 activities and access to
social and educational resources and support.
Overstock encourages customer donations to Mercy Housing through
a donation option on the check-out page of Overstock’s website.
About OverstockOverstock.com, Inc (Common
Stock (NASDAQ:OSTK) / Series A-1 Preferred Stock (tZERO ATS:OSTKO)
/ Series B Preferred Stock (OTCQX:OSTBP)) is an online
retailer and technology company based in Salt Lake City, Utah.
Its leading e-commerce website sells a broad range of new home
products at low prices, including furniture, décor, rugs, bedding,
home improvement, and more. The online shopping site, which is
visited by tens of millions of customers a month, also features a
marketplace providing customers access to millions of products from
third-party sellers. In 2014, Overstock was the first major
retailer to accept cryptocurrency as a form of payment and
continues to do so. Overstock regularly posts information about the
Company and other related matters on
the Newsroom and Investor Relations pages on
its website, Overstock.com.
O, Overstock.com, O.com, Club O, and Worldstock are registered
trademarks of Overstock.com, Inc. Other service marks, trademarks
and trade names which may be referred to herein are the property of
their respective owners.
Cautionary Note Regarding Forward-Looking
StatementsThis press release contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Such forward-looking statements include all statements
other than statements of historical fact, including but not limited
to statements regarding our partnership with Mercy Housing.
Additional information regarding factors that could materially
affect results and the accuracy of the forward-looking statements
contained herein may be found in the Company's Annual Report on
Form 10-K for the fiscal year ended December 31, 2020, which was
filed with the SEC on February 26, 2021, our Form 10-Q for the
quarter ended March 31, 2021, which was filed with the SEC on May
6, 2021, our Form 10-Q for the quarter ended June 30, 2021, which
was filed with the SEC on August 5, 2021, and in our subsequent
filings with the SEC.
ContactsInvestor Relations:ir@overstock.com |
Media Relations:pr@overstock.com |
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