LOGC CONTEXTLOGIC INC Expansion Plans 8-K Filing 2025 - Investment Agreement On February 24, 2025, ContextLogic Inc. entered into an investment agreement to sell up to 18,750,000 Class A convertible preferred units for $150 million, with an initial closing of $75 million for 9,375,000 units. The proceeds will be used for future acquisitions, and the preferred units will have a 4% return rate before acquisition and 8% thereafter.Get access to all SEC 8-K filings of the CONTEXTLOGIC INC