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PEEK Investments LLC today issued
the following statement:
"We have extended our third-party tender offer to purchase all of the
outstanding shares of common stock of LookSmart, Ltd.
LOOK for $1.00
per share in cash. As extended, the tender offer is scheduled to expire at
5:00 P.M., New York time, on November 30, 2012. The tender offer was
previously scheduled to expire at 5:00 P.M., New York time, on October 26,
2012. As of October 26, 2012, 5,105,622 shares had been deposited, which,
together with the shares owned by PEEK's affiliates, represents approximately
45% of the total shares outstanding.
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