M&A
confidence high
sentiment neutral
materiality 0.80
ContextLogic Holdings Inc. (LOGC): M&A transaction — ContextLogic completes acquisition of US Salt; US Salt FY2025 revenue $132M, net income $11.2M
ContextLogic Holdings Inc.
- Acquisition closed Feb 26, 2026; US Salt produces evaporated salt for food, pharma, water softening.
- US Salt 2025 revenue $132.1M (+7.3% YoY), net income $11.2M ($58.15/unit) vs $5.0M ($26.20/unit) in 2024.
- US Salt total assets $407.8M, long-term debt $203.2M as of Dec 31, 2025.
- ContextLogic (LOGC) filed audited US Salt financials and unaudited pro forma combined statements.
- Transaction funded via cash and debt; no purchase price disclosed in this filing.