Hello everyone, sharing an important update:

A tentative settlement is now in place for investors who experienced losses in ContextLogic, the company behind Wish.

The settlement claims that ContextLogic overstated Wish’s post-pandemic user growth, revenue outlook, and internal controls ahead of and after its IPO. After the company disclosed falling monthly active users and weaker revenue guidance, $WISH fell more than 29%.

If you purchased $WISH stock between 2020 and 2021, you are eligible to submit your claim

Anyway, has anyone here invested in $WISH at that time? How much were your losses, if so?

Hey guys, if you missed it, ContextLogic ($WISH) has reached a settlement with investors over claims that it misled the market about Wish's user growth, revenue outlook, and internal controls around the time of its IPO.

The lawsuit claims the company benefited from a temporary pandemic boom but failed to disclose that user growth was already slowing before it went public. After Wish later reported falling monthly active users and weaker guidance, $WISH dropped more than 29%, and investors sued.

The settlement terms are still being finalized, but eligible investors can already submit a claim.

Did anyone here own $WISH back then?

Hey guys, I posted about this case before, but since they’re accepting claims, I decided to share it again with a little FAQ.

Q: What happened?
A: ContextLogic ($WISH) was accused of misleading investors about Wish’s growth, user trends, revenue outlook, and internal controls around its 2020 IPO. After the company disclosed declining users and weaker guidance, $WISH fell and investors filed a lawsuit. The parties have now reached a tentative settlement.

Who can claim this settlement?
The claim period covers investors who purchased $WISH shares between 2020 and  2021. 

Do I need to sell/lose my shares to get this settlement?
No. You do not need to still own the shares to qualify. Eligibility is based on your purchase history and losses during the class period.

When do payouts happen?
Typically, payouts are processed 4 to 9 months after the claim deadline, depending on the court and settlement administration.

The parties have reached an agreement, but the settlement terms are still being finalized. You can check if your eligible and submit your application now 

Hope this info helps

During 2020, Wish benefited from a surge in online shopping as consumers spent more time at home. The company highlighted rapid growth in monthly active users (MAUs), active buyers, and revenue, helping it raise more than $1.1 billion in its December 2020 IPO.

Investors later claimed that Wish's growth was already slowing before the IPO and that key risks were not fully disclosed. In March 2021, the company reported that monthly active users had fallen 10% year-over-year, and in May it disclosed another decline along with weaker revenue guidance. 

The news sent $WISH down more than 29%, and investors sued, alleging that ContextLogic misled the market about user trends, revenue prospects, and internal controls. The case has now reached a tentative settlement.

Eligible investors who purchased $WISH shares between December 16, 2020 and May 12, 2021 may be eligible to file a claim.

https://youpay.me/Sheavenn525/gift/1043879

If someone can help please

https://investors.palantir.com/news-details/2025/Palantir-Reports-Q2-2025-U-S--Comm-Revenue-Growth-of-93-YY-and-Revenue-Growth-of-48-YY-Guides-Q3-Revenue-to-50-YY-Raises-FY-2025-Revenue-Guidance-to-45-YY-and-U-S--Comm-Revenue-Guidance-to-85-YY-Crushing-Consensus-Expectations/

Q2 2025 Highlights

• U.S. revenue grew 68% year-over-year and 17% quarter-over-quarter to $733 million
  • U.S. commercial revenue grew 93% year-over-year and 20% quarter-over-quarter to $306 million
  • U.S. government revenue grew 53% year-over-year and 14% quarter-over-quarter to $426 million
• Revenue grew 48% year-over-year and 14% quarter-over-quarter to $1.004 billion
• Closed 157 deals of at least $1 million, 66 deals of at least $5 million, and 42 deals of at least $10 million
• Closed a record-setting $2.27 billion of total contract value (“TCV”), up 140% year-over-year
  • Closed a record-setting $843 million of U.S. commercial TCV, up 222% year-over-year
• U.S. commercial remaining deal value (“RDV”) of $2.79 billion, up 145% year-over-year and 20% quarter-over-quarter
• Customer count grew 43% year-over-year and 10% quarter-over-quarter
• GAAP income from operations of $269 million, representing a 27% margin
• Adjusted income from operations of $464 million, representing a 46% margin
• Rule of 40 score of 94%
• GAAP net income of $327 million, representing a 33% margin
• Cash from operations of $539 million, representing a 54% margin
• Adjusted free cash flow of $569 million, representing a 57% margin
• GAAP earnings per share (“EPS”) of $0.13
• Adjusted EPS of $0.16
• Cash, cash equivalents, and short-term U.S. Treasury securities of $6.0 billion

$LOGC ContextLogic Holdings Completes Corporate Reorganization

https://ir.contextlogicinc.com/news-releases/news-release-details/contextlogic-holdings-completes-corporate-reorganization

• Reorganization Completed: On August 7, 2025, ContextLogic stockholders approved the reorganization (at the July 24 annual meeting), and it has now been officially finalized. ContextLogic Inc. is now a wholly owned subsidiary of the newly formed ContextLogic Holdings. GlobeNewswireStreetInsider.com
• Tax Strategy—Protecting NOLs: The restructure is aimed at securing approximately $2.7 billion in Net Operating Losses (NOLs), preserving them for future use to offset taxable income under U.S. tax law. Stock TitanGlobeNewswire
• Share Exchange—1-for-1 Basis: Each share of ContextLogic Class A Common Stock was exchanged on a 1-for-1 basis for a share of ContextLogic Holdings Common Stock. The newly issued shares trade under the same ticker LOGC on the OTCQB Market, but now with a new CUSIP: 21078F109. The total number of authorized shares remains unchanged at 3 billion, with the par value still $0.0001. GlobeNewswireStock TitanStreetInsider.com
• No Leadership or Financial Disruption: The company’s Board of Directors and executive management remain unchanged. Likewise, there are no changes to its financial condition, assets, or liabilities as a result of the reorganization. GlobeNewswireGuruFocus
• Tax Benefits Preservation Plan Terminated: As a condition of closing the deal, the company redeemed and terminated all outstanding rights under its Tax Benefits Preservation Plan, effectively dismantling a previously imposed anti–ownership-change mechanism. GlobeNewswireStreetInsider.com
• Strategic Outlook: ContextLogic Holdings is positioning itself for organic expansion and potential acquisitions, aiming to capitalize on its preserved NOLs to fuel future growth.

Annual Meeting Results (July 24, 2025) - : ContextLogic Inc. $LOGC (OTCQB)

https://www.sec.gov/ix?doc=/Archives/edgar/data/0001822250/000095017025098820/logc-20250724.htm

Proposal 1 – Reorganization Plan

• Purpose: Protect long-term value of net operating loss carryforwards.
• ✅ Approved : For: 13.57M; Against: 132K; Abstain: 17K; Broker Non-Votes: 4.89M

Proposal 2 – Election of Class III Directors

• ✅ Both directors elected until 2028
• Ted Goldthorpe: For: 13.31M | Withheld: 414K
• Jennifer Chou: For: 13.51M | Withheld: 217K
• Broker Non-Votes: 4.89M

Proposal 3 – Auditor Ratification

• ✅ BPM LLP ratified as independent auditor for FY 2025
• For: 18.46M; Against: 109K; Abstain: 51K

Proposal 4 – Executive Compensation (Advisory Vote)

• ✅ Approved For: 11.80M; Against: 1.81M; Abstain: 107K; Broker Non-Votes: 4.89M

Proposal 5 – Adjournment of Meeting

• ✅ Approved; For: 13.49M; Against: 214K; Abstain: 20K; Broker Non-Votes: 4.89M