{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-046838","form_type":"8-K","ticker":null,"cik":"0001822250","company_name":"ContextLogic Inc.","filed_at":"2025-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.078261+00:00","generated_at":"2026-05-24T03:14:09.926882+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"ContextLogic (LOGC) notified by Nasdaq as 'public shell'; faces potential delisting, plans to request hearing.","bullets":["Nasdaq Staff determined ContextLogic is a 'public shell' under Listing Rule 5101, subject to delisting.","Company disagrees with conclusion and will timely request hearing before Nasdaq Hearings Panel.","Hearing request stays further action by Nasdaq pending hearing and formal decision.","Company plans to present efforts to maximize asset value and potential acquisitions.","No guarantee that Panel will grant continued listing of securities on Nasdaq."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-046838","json":"https://secwatch.observer/filing/0000950170-25-046838.json","markdown":"https://secwatch.observer/filing/0000950170-25-046838.md","text":"https://secwatch.observer/filing/0000950170-25-046838.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822250/000095017025046838/0000950170-25-046838-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822250/000095017025046838/logc-20250325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T03:14:09.926882+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b1190fe9f89ef479ac5e22d1a0e2e274f818755b","claim":"ContextLogic Inc. received a nasdaq delisting notice notice regarding other (rules 5101).","evidence_excerpt":"March 25, 2025, ContextLogic Inc. (the “Company”) was notified by the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Staff believes the Company is a “public shell,” as that term is defined by Nasdaq under Nasdaq Listing Rule 5101, and therefore subject to delisting unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”). The Company disagrees with the Staff’s conclusion and plans to timely request a hearing before the Panel, which request will stay any further action by Nasdaq at least pending the hearing a","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822250/000095017025046838/0000950170-25-046838-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Rules","value":"5101"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}