secwatch / observer

ContextLogic Holdings Inc. — fact timeline

Source-grounded facts extracted from ContextLogic Holdings Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

LOGC ContextLogic Holdings Inc. JSON
Shareholder Votes

ContextLogic Holdings Inc. shareholders approved Adjournment of annual meeting, if necessary at the 2026-06-11 meeting.

“Proposal 5. Stockholders approved a proposal to adjourn the annual meeting, if necessary. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 27,970,715 1,525,592 17,473 8,184,614”
Shareholder Votes

ContextLogic Holdings Inc. shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2026-06-11 meeting.

“Proposal 4. Stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers for the year ended December 31, 2025. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 27,555,870 1,942,230 15,680 8,184,614”
Shareholder Votes

ContextLogic Holdings Inc. shareholders approved Ratification of independent registered public accounting firm at the 2026-06-11 meeting.

“Proposal 3. Stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 37,187,233 460,418 50,743 -”
Shareholder Votes

ContextLogic Holdings Inc. shareholders approved Election of Class I Directors at the 2026-06-11 meeting.

“Proposal 2. The two (2) Class I directors proposed by the Company were elected to serve until the Company’s 2029 annual meeting of stockholders or until his respective successor has been duly elected and qualified. The voting results were as follows: Director Name Votes For Votes Withheld Broker Non-Votes Raja Bobbili 29,259,720 254,060 8,184,614 Mark Ward 27,774,273 1,739,507 8,184,614”
Shareholder Votes

ContextLogic Holdings Inc. shareholders approved Amendment to Certificate of Incorporation to waive corporate opportunities at the 2026-06-11 meeting.

“Proposal 1. Stockholders approved an amendment to the Company’s Certificate of Incorporation to waive corporate opportunities (the “Corporate Opportunities Proposal”). The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 27,962,975 1,529,295 21,510 8,184,614”

Scott Stewart was appointed as Chief Financial Officer and Chief Operating Officer at ContextLogic Holdings Inc..

“On June 1, 2026 the Company also announced the appointment of Scott Stewart, age 53, as Chief Financial Officer and Chief Operating Officer, effective June 1, 2026 (the “Effective Date”).”

Chad Chevalier resigned as Interim Chief Financial Officer at ContextLogic Holdings Inc..

“On May 29, 2026, Chad Chevalier, Interim Chief Financial Officer of ContextLogic Holdings Inc. (the “Company”), provided notice of his intention to resign from the Company, effective June 1, 2026.”
Earnings Releases

ContextLogic Holdings Inc. reported first quarter ended March 31, 2026 results: revenue $32.4 million, net income $17.0 million.

“Holdings Inc., distinct and separate from the operating results of US Salt. First Quarter 2026 Results Revenue: Combined non-GAAP revenue for the first quarter of 2026 was $32.4 million, essentially flat compared to $32.3 million in the first quarter of 2025. Shipped volumes of 102.4 thousand tons declined 7% from 110.2 thousand tons in the prior-year quarter,”
Auditor Changes

ContextLogic Holdings Inc. engaged Deloitte & Touche LLP as its auditor.

“On March 26, 2026, the Audit Committee, after conducting a competitive process to evaluate and select the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, approved the selection of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, subject to the completion of standard acceptance procedures.”
Auditor Changes

ContextLogic Holdings Inc. dismissed BPM LLP as its auditor.

“(a) Dismissal of Previous Independent Registered Public Accounting Firm. On March 26, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors (the “Board”) of ContextLogic Holdings Inc. (the “Company”), dismissed BPM LLP (“BPM”) as the Company’s independent registered public accounting firm.”
Earnings Releases

ContextLogic Holdings Inc. reported the fourth quarter and fiscal year ended December 31, 2025 results: net income $13 million.

“Net loss was $13 million, compared to a net loss of $2 million in the fourth quarter of fiscal year 2024.”
M&A Transactions

ContextLogic Holdings Inc. completed an acquisition involving US Salt Parent Holdings, LLC (closed 2026-02-26).

“On February 26, 2026, at the closing of the US Salt Acquisition (the “ Closing ”) the Company acquired US Salt and its subsidiaries, including US Salt’s salt production and manufacturing business, and the Company holds substantially all of the assets and business of US Salt.”
Equity Issuances

ContextLogic Holdings Inc. issued 2,598,611 shares of ContextLogic common stock of common stock to ACP II for approximately $20.8 million.

“each of ACP I and ACP II purchased 190,496 and 2,598,611 shares of ContextLogic common stock, respectively, from the Company at a price of $8.00 per share of ContextLogic common stock, for aggregate amounts of approximately (a) $1.5 million for ACP I and (b) $20.8 million for ACP II”
Equity Issuances

ContextLogic Holdings Inc. issued 190,496 shares of ContextLogic common stock of common stock to ACP I for approximately $1.5 million.

“each of ACP I and ACP II purchased 190,496 and 2,598,611 shares of ContextLogic common stock, respectively, from the Company at a price of $8.00 per share of ContextLogic common stock, for aggregate amounts of approximately (a) $1.5 million for ACP I and (b) $20.8 million for ACP II”
Equity Issuances

ContextLogic Holdings Inc. issued 11,156,429.60 Class A Convertible Preferred Units of preferred stock to BCP for approximately $89.3 million.

“BCP purchased 11,156,429.60 Class A Convertible Preferred Units (the “ Preferred Units ”) from Holdings at a price of $8.00 per Preferred Unit for an aggregate amount of approximately $89.3 million”
Equity Issuances

ContextLogic Holdings Inc. issued 429,463 shares of ContextLogic common stock of common stock to holders of ContextLogic common stock for approximately $3.4 million.

“to purchase an aggregate of 429,463 shares of ContextLogic common stock, and the gross proceeds the Company received from subscribers in the Rights Offering was approximately $3.4 million. As previously described in our Current Report on Form 8-K filed with the SEC on December 11, 2025, Holdings entered into a backstop agreement with BCP on December 8, 2025 (the”
Material Agreements

ContextLogic Holdings Inc. entered into Credit Agreement with US Salt Investors, LLC, US Salt Holdings, LLC, Wilmington Trust, National Association, and the Lenders.

“On the Closing Date, Holdings, as the initial borrower, entered into a Credit Agreement (as amended, restated, amended and restated, extended, supplemented or otherwise modified in writing from time to time, the “ Credit Agreement ”), with US Salt Investors, LLC, a Delaware limited liability company (the “ Borrower ”), as the borrower, US Salt Holdings, LLC, a Delaware limited liability company (“ US Salt Holdings ”), as holdings, the guarantors from time to time party thereto, Wilmington Trust, National Association, as administrative agent and collateral agent (the “ Agent ”), and each lender from time to time party thereto (the “ Lenders ”).”
Material Agreements

ContextLogic Holdings Inc. amended Second Amended and Restated Limited Liability Company Agreement (effective 2025-03-06).

“As contemplated by the Purchase Agreement, on the Closing Date, Holdings entered into a Second Amended and Restated Limited Liability Company Agreement (the “ 2nd A&R LLCA ”) which amended and restated that certain Amended and Restated Limited Liability Company Agreement entered into on March 6, 2025, as previously disclosed.”
Material Agreements

ContextLogic Holdings Inc. entered into Escrow Agreement with Wilmington Trust, NA, the Sellers Representative, and ContextLogic Holdings, LLC valued at $2,750,000.

“In connection with the Purchase Agreement, Wilmington Trust, NA, a national banking association (the “ Escrow Agent ”), the Sellers Representative (as defined below), and ContextLogic Holdings, LLC, a wholly-owned subsidiary of the Company (“ Holdings ”) entered into an escrow agreement (the “ Escrow Agreement ”) which sets forth the terms of the Escrow Fund (as defined below), which is to include the Escrow Amount of $2,750,000.”
Material Agreements

ContextLogic Holdings Inc. entered into Voting Agreement with Abrams Capital Partners I, L.P., Abrams Capital Partners II, L.P., Riva Capital Partners V, L.P., Riva Capital Partners VI, L.P. (collectively, the 'Abrams Investors'), and BCP Special Opportunities Fund III Originations LP.

“In connection with entering into the Purchase Agreement, on the Closing Date, each of Abrams Capital Partners I, L.P., a Delaware limited partnership (“ ACP I ”), Abrams Capital Partners II, L.P., a Delaware limited partnership (“ ACP II ”), Riva Capital Partners V, L.P., a Delaware limited partnership (“ Riva V ”), and Riva Capital Partners VI, L.P., a Delaware limited partnership (“ Riva VI ”, and together with ACP I, ACP II and Riva V, collectively, the “ Abrams Investors ”), and BCP Special Opportunities Fund III Originations LP, a Delaware limited partnership (“ BCP ” and together with the Abrams Investors, the “ Voting Entities ”), entered into a voting agreement (the “ Voting Agreement ”).”
M&A Transactions

ContextLogic Holdings Inc. completed an acquisition involving US Salt Parent Holdings, LLC for approximately $907.5 million (closed 2026-02-26).

“business, and the Company holds substantially all of the assets and business of US Salt. The Company and Holdings acquired US Salt for a purchase price of approximately $907.5 million, subject to customary adjustments, including for cash, debt, and net working capital, which was comprised of approximately $582.3 million in cash consideration (including, among”
Material Agreements

ContextLogic Holdings Inc. entered into Purchase Agreement with ContextLogic LLC and other Buyer Parties valued at Purchase Agreement involving reorganization and exchange of equity interests (effective 2025-12-08).

“Item 1.01 Entry into a Material Definitive Agreement. Purchase Agreement As previously disclosed on the Company’s Current Report on Form 8-K, filed with the Securities and Exchange Commission (the “ SEC ”) on December 8, 2025, ContextLogic Holdings Inc. (OTCQB: LOGC) (“ ContextLogic ,” or the “ Company ”), entered into a Purchase Agreement on December 8 , 2025 (the “ Purchase Agreement ”) with ContextLogic LLC, a Delaware limited liability company (“ Buyer Midco ”), ContextLogic Holdings, LLC, a Delaware limited liability company (“ Holdings ” and together with the Company and Buyer Midco, the “ Buyer Parties ”), Salt Management Aggregator, LLC, a Delaware limited liability company (the “ Management Aggregator ”), Emerald Lake Pearl Acquisition GP, L.P., a Delaware limited partnership (“ Emerald GP ”), Emerald Lake Pearl Acquisition-A, L.P., a Delaware limited partnership (“ Blocker Seller ”), Emerald Lake Pearl Acquisition Blocker, LLC, a Delaware limited liability company (“ Blocker”
M&A Transactions

ContextLogic Holdings Inc. completed an acquisition involving ContextLogic, Inc. (closed 2025-08-06).

“On August 6, 2025, ContextLogic, Inc., a Delaware corporation (“ ContextLogic ”) completed its previously announced reorganization pursuant to the Second Amended and Restated Agreement and Plan of Reorganization, dated as of July 3, 2025”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.