Professional
Added to YB: 2026-01-26
Pitch date: 2026-01-20
LOGC [neutral]
ContextLogic Holdings Inc.
+4.16%
current return
Author Info
No bio for this author
Company Info
ContextLogic Holdings Inc. focuses on seeking to develop and grow a de novo business and finance potential future bolt-on acquisitions of assets or businesses.
Market Cap
$209.6M
Pitch Price
$7.69
Price Target
N/A
Dividend
N/A
EV/EBITDA
-3.57
P/E
-12.15
EV/Sales
N/A
Sector
Capital Markets
Category
special_situation
Plural Investing Exited Position: ContextLogic Holdings Inc.
LOGC (exited position): Shell co w/ $300M cash + $2.9B NOLs worth potential $609M tax shield ($13.4/shr). Bought at $5.8 (cash value), sold at $8 after US Salt acquisition at 19x EBIT vs hoped 10x. NOLs will be used gradually. Now Abrams Capital vehicle but cherry-on-top vs core thesis. 40% return in 14mo.
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