ContextLogic to Acquire US Salt from Emerald Lake in $907.5 Million Transaction, Creating New Business Ownership Platform in Partnership with Abrams Capital and BC Partners CreditOAKLAND, Calif., Dec. 08, 2025 (GLOBE NEWSWIRE) -- ContextLogic Holdings Inc., (OTCQB: LOGC), (“ContextLogic” or the “Company”) today announced that it has agreed to acquire US Salt Parent Holdings, LLC and its subsidiaries (“US Salt”), a fully integrated producer of high-purity evaporated salt products, from private equity funds managed by Emerald Lake Capital Management (“Emerald Lake”), in a transaction valuing US Salt at an enterprise value of $907.5 million (the “Transaction”). Emerald Lake had acquired US Salt as a corporate carve-out from Kissner in 2021. As part of this Transaction, investment funds advised by Abrams Capital will roll over substantially all of their equity investment in US Salt and collectively become the largest shareholder of ContextLogic.
ContextLogic Holdings Inc. Reports Third-Quarter 2025 Financial ResultsOAKLAND, Calif., Oct. 28, 2025 (GLOBE NEWSWIRE) -- ContextLogic Holdings Inc. (OTCQB: LOGC) (“ContextLogic,” the “Company,” “we” or “our”) today reported its financial results for the quarter and nine months ended September 30, 2025.
ContextLogic Holdings Inc. Reports Second-Quarter 2025 Financial ResultsOAKLAND, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) -- ContextLogic Holdings Inc. (OTCQB: LOGC) (“ContextLogic,” the “Company,” “we” or “our”) today reported its financial results for the quarter and six months ended June 30, 2025.
ContextLogic Holdings Completes Corporate ReorganizationReorganization Enables Company to Protect ~$2.7 Billion of Net Operating Losses (NOLs)
