ContextLogic (NASDAQ: LOGC) files amendment disclosing CFO Michael Scarola’s resignation

Rhea-AI Filing Summary

ContextLogic Holdings Inc. filed an amended current report to disclose that its Chief Financial Officer, Michael Scarola, resigned from the company on December 7, 2025. He left to rejoin Altai Capital Management with Mr. Bajaj.

The company states that Mr. Scarola’s resignation was not due to any disagreement with ContextLogic on its operations, policies, or practices. The amendment’s sole purpose is to update the prior current report to include this leadership change.

Insights

Corporate governance analyst

CFO resigns to rejoin prior firm; company reports no disagreements.

ContextLogic Holdings Inc. discloses that Chief Financial Officer Michael Scarola resigned on December 7, 2025 to return to Altai Capital Management with Mr. Bajaj. The company explicitly notes that his departure is not due to any disagreement over operations, policies, or practices, which reduces concern about internal conflict.

This type of leadership change can matter because a CFO oversees financial reporting, controls, and capital planning, but the disclosure does not indicate operational issues or disputes. The amendment clarifies that the only update to the earlier current report is this resignation, signaling a focused, administrative correction rather than a broader business event.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 7, 2025

ContextLogic Holdings Inc.

(Exact name of Registrant as Specified in Its Charter)

Delaware	000-56773	27-2930953
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
2648 International Blvd., Ste 301
Oakland, California		94601
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: (415) 965-8476

N/A 

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: 

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). 

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officer

On December 7, 2025, Michael Scarola resigned in his position as Chief Financial Officer of the Company to rejoin Altai Capital Management with Mr. Bajaj.  Mr. Scarola’s resignation is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

Item 8.01. Other Events.

This Current Report on Form 8-K/A is being filed to update the Current Report on Form 8-K of the Company filed on December 10, 2025. The sole purpose of this amendment is to disclose that our Chief Financial Officer resigned on December 7, 2025.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			ContextLogic Holdings Inc.
Date:	December 11, 2025	By:	/s/ Mark Ward
			Mark Ward President Principal Executive Officer

FAQ

What did ContextLogic Holdings Inc. (LOGC) announce in this 8-K/A?

ContextLogic Holdings Inc. filed an amended current report to disclose that its Chief Financial Officer, Michael Scarola, resigned from the company on December 7, 2025.

Who resigned from ContextLogic Holdings Inc. (LOGC) and what was their role?

Michael Scarola, who served as Chief Financial Officer of ContextLogic Holdings Inc., resigned from his position effective December 7, 2025.

Why did ContextLogic’s CFO Michael Scarola resign?

The company states that Michael Scarola resigned to rejoin Altai Capital Management with Mr. Bajaj.

Did Michael Scarola’s resignation from LOGC involve any disagreement with the company?

No. ContextLogic reports that Mr. Scarola’s resignation was not the result of any disagreement regarding the company’s operations, policies, or practices.

What is the purpose of ContextLogic’s amended 8-K/A filing?

The amendment’s sole purpose is to update a prior current report to disclose that the Chief Financial Officer resigned on December 7, 2025.

Does the ContextLogic (LOGC) 8-K/A report any new financial results or major transactions?

No. The amended report focuses on disclosing the CFO’s resignation and does not present new financial results or major transactions.