ContextLogic voluntarily delists from Nasdaq, moves to OTC Markets effective June 3

ContextLogic Inc.

Voluntarily delisting from Nasdaq; last trading day June 2, 2025.
Commencing trading on OTCQB on June 3, 2025 under ticker LOGC (same CUSIP).
Nasdaq had deemed the company a 'public shell'; hearing held May 8 but Board chose voluntary delisting.
Company believes OTC transition will save expenses and allow continued orderly trading.

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