LOGC - Earnings announcements

Marks the first step in building ContextLogic into a differentiated business ownership platform. ContextLogic will be focused on owning niche, competitively-advantaged, long-duration businesses run by world-class management teams.US Salt, the first such acquisition, is a 132-year old business producing high-purity evaporated salt products for recession-resilient end markets. Led by a management team with 25+ year record of value creation, US Salt has consistently delivered strong revenue growth, robust margins, and high cash flow generation. ContextLogic shareholders will have the opportunity to commit additional capital in the transaction via a rights offering, which has been fully backstop

OAKLAND, 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. Third-Quarter 2025 Financial Highlights Net loss was $1 million, consistent with a net loss of $1 million in the third quarter of fiscal year 2024.As of September 30, 2025, the Company had $102 million in cash and cash equivalents and $116 million in marketable securities. ContextLogic will host a financial results conference call at 5 pm EDT on October 28th. The live conference call may be accessed by registering here. Company Outlook During the third qua

OAKLAND, Calif., Oct. 23, 2025 (GLOBE NEWSWIRE) -- ContextLogic Holdings Inc. (OTCQB:LOGC), ("ContextLogic" or the "Company") today announced it will report its third quarter 2025 financial results after the close of market on Tuesday, October 28, 2025. ContextLogic's CEO Rishi Bajaj, CFO Michael Scarola, and VP of Investments Janak Goyani, will host a conference call and webcast for shareholders that afternoon at 5:00 PM ET / 2:00 PM PT. ContextLogic management will read from a prepared script and there will be no presentation or question-and-answer section in this quarter's call. The call will conclude at the end of our prepared remarks. Information about the Company's financial results

OAKLAND, 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. Company Update On July 24, 2025, subsequent to the quarter-end, the Company's stockholders approved, and, on August 7, 2025, the Company completed, a reorganization under Section 251 of the Delaware General Corporation Law. Second-Quarter 2025 Financial Highlights Net loss was $5 million, compared to a net loss of $13 million in the second quarter of fiscal year 2024.As of June 30, 2025, the Company had $27 million in cash and cash equivalents, $192 million in ma

OAKLAND, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) -- ContextLogic Inc. (OTCQB:LOGC), ("ContextLogic" or the "Company") today announced it will report its second quarter 2025 financial results after the close of market on Thursday, August 7, 2025. ContextLogic's CEO Rishi Bajaj, CFO Michael Scarola, and VP of Investments Janak Goyani, will host a conference call and webcast for shareholders that afternoon at 5:00 PM ET / 2:00 PM PT. ContextLogic management will read from a prepared script and there will be no presentation or question-and-answer section in this quarter's call. The call will conclude at the end of our prepared remarks. Information about the Company's financial results, includi

OAKLAND, Calif., May 09, 2025 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ:LOGC) ("ContextLogic," the "Company," "we" or "our") today reported its financial results for the quarter ended March 31, 2025. First-Quarter 2025 Financial Highlights Net Loss: Net loss was $4 million, compared to a net loss of $59 million in the first quarter of fiscal year 2024.As of March 31, 2025, the Company had $64 million in cash and cash equivalents, $158 million in marketable securities and $1 million in prepaid expenses and other current assets primarily made up of restricted cash. The Company had total liabilities of $3 million. ContextLogic will host a financial results conference call a

OAKLAND, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ:LOGC), ("ContextLogic" or the "Company") today announced it will report its first quarter 2025 financial results after the close of market on Friday, May 9, 2025. ContextLogic's CEO Rishi Bajaj and its Chairman Ted Goldthorpe will host a live conference call and webcast for shareholders, analysts and portfolio managers that afternoon at 5:00 PM ET / 2:00 PM PT. Information about the Company's financial results, including a link to the live webcast and replay will be made available on the Company's investor relations website at https://ir.contextlogicinc.com. The live conference call may be accessed by registering

OAKLAND, Calif., March 12, 2025 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ:LOGC) ("ContextLogic," the "Company," "we" or "our") today reported its financial results for the quarter and fiscal year ended December 31, 2024. Company Update During 2024, management took several significant steps in the evolution of the Company's business. These included, first, the sale of the Wish platform and its associated operations; second, streamlining the Company's operations; and most recently, on March 11, 2025, the Company announced the initial closing of the investment by BC Partners of $75 million in convertible preferred units in a subsidiary of ContextLogic. This investment, along

OAKLAND, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ:LOGC), ("ContextLogic," the "Company," "we" or "our") today announced it will report its fourth quarter and full year 2024 financial results after the close of market on Wednesday, March 12, 2025. ContextLogic's CEO Rishi Bajaj and its Chairman Ted Goldthorpe will host a live conference call and webcast for shareholders, analysts and portfolio managers that afternoon at 5:00 PM ET / 2:00 PM PT. Mr. Bajaj and Mr. Goldthorpe will briefly discuss the company's fourth quarter results as well as provide additional commentary on the recently announced strategic investment and commitment made by BC Partners into Context

LEXINGTON, Mass., Feb. 2, 2022 /PRNewswire/ -- LogicBio Therapeutics, Inc. (NASDAQ:LOGC), a clinical-stage genetic medicine company, today provided an update on the LB-001 clinical development program. The U.S. Food and Drug Administration (FDA) has notified the company that its Phase 1/2 SUNRISE clinical trial of LB-001 in pediatric patients with methylmalonic acidemia (MMA) has been placed on clinical hold. The company will host a conference call and webcast this morning to discuss this update. To date, four patients have been dosed in the SUNRISE trial with LB-001, LogicBio's investigational, single-administration, adeno-associated virus (AAV) genome editing therapy. In accordance with th