ContextLogic Inc. (WISH)
NASDAQ (NGS) NASDAQ (NGS) Primary 
XFRA 
ContextLogic: From Fallen E-Commerce Star To Tax-Arbitrage Shell With Institutional Firepower
LOGC is now a cash-rich shell with $222M net cash and $2.7B in NOLs, backed by BC Partners for tax-advantaged acquisitions. The market undervalues LOGC, assigning little value to its NOLs, institutional partnership, or acquisition optionality, creating a special situation opportunity. BC Partners' involvement brings credibility, capital, and deal expertise, making LOGC a legitimate NOL shell play, not a typical penny stock reverse merger.
Forgotten Tax Assets Are ContextLogic's Path To Value
ContextLogic's troubled past created $2.9B in net operating losses, now a key investment thesis as the company pivots from e-commerce to tax asset monetization. Current cash per share is $6.7, with likely $5.9 per share in potential tax asset value, offering significant upside if realized. The new partnership with BC Partners brings $150M in committed capital and experienced M&A support, greatly increasing acquisition and value-unlock probability.
ContextLogic Inc. (WISH) Q4 2024 Earnings Conference Call Transcript
ContextLogic Inc. (WISH) Q4 2024 Earnings Conference Call March 12, 2025 5:00 PM ET Company Participants Ted Goldthorpe - Chairman Rishi Bajaj - CEO Conference Call Participants Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's call announcing the strategic investment in ContextLogic by BC Partners.
