ContextLogic Holdings Inc. (LOGC) M&A Call Prepared Remarks Transcript

2025-12-08 16:57:24 ET

ContextLogic Holdings Inc. (LOGC) M&A Call December 8, 2025 9:00 AM EST

Company Participants

Edward Goldthorpe
Mark Ward

Conference Call Participants

Raja H. Bobbili - Abrams Capital Management, L.P.
David Sugarman

Presentation

Operator ...

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's call announcing the acquisition of US Salt by ContextLogic and the formation of a new business ownership platform backed by Abrams Capital and BC Partners.

[Operator Instructions] There'll not be a question-and-answer session at the conclusion of today's call. However, a recording and a transcript will be made available online, and management will make themselves available to the investor community over the coming days and weeks.

Before we begin, I'd like to note that during this call, we will be referring to a slide deck that is available on ContextLogic's Investor Relations website at ir.contextlogic.com.

Please note that today's call contains forward-looking statements regarding future events and future performance of ContextLogic, US Salt and the combined company. These forward-looking statements are based upon information available today, and actual results could differ materially from those contemplated by these forward-looking statements. Please refer to Slides 2 and 3 for important disclaimers and cautionary statements regarding forward-looking statements.

I will now turn the call over to the host for today's call, Ted Goldthorpe, current Chairman of ContextLogic; and Mark Ward, President of ContextLogic; Raja Bobbili, incoming Chairman of ContextLogic; and David Sugarman, CEO of U.S. Salt.

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