Professional
Added to YB: 2025-07-28
Pitch date: 2025-07-24
LOGC [neutral]
ContextLogic Inc.
-3.25%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
Company Info
ContextLogic Inc. does not have significant operations. It focuses on identifying, evaluating, and executing strategic opportunities.
Market Cap
$208.1M
Pitch Price
$7.70
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.93
P/E
-10.21
EV/Sales
8.73
Sector
Broadline Retail
Category
special_situation
Alluvial Fund Portfolio Holding: ContextLogic Inc.
LOGC (holding update): Ex-Wish.com shell with $6.50/share cash, $2B NOLs, & BC Partners backing. Low burn offset by interest income. BC invested $75M with option for $75M more. Tax assets potentially worth >100% of market cap. Seeking acquisition; will liquidate if unsuccessful. Bought post-NASDAQ delisting - downside protected by cash.
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