Recent Updates — LOGC

ContextLogic Holdings Inc. has entered into an amendment to its Stock Purchase Agreement for the $850 million cash acquisition of EagleTree-Gaylord Holdings Corp. The Amendment increases the aggregate value of Target Company shares rolled over into ContextLogic equity from $2.0 million to $7.0 million, involving entities affiliated with the current and prior CEOs of the Target Company. The transaction is expected to close in late 2026 or early 2027. ContextLogic operates as a technology company focused on e-commerce and digital marketplaces.