[SCHEDULE 13G] ContextLogic Inc. Class A Common Stock SEC Filing

Rhea-AI Filing Summary

Three reporting persons—Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh—report beneficial ownership of 1,332,825 shares of ContextLogic Inc. Class A common stock, representing 5% of the outstanding class based on 26,682,233 shares per the issuer's cited 10-Q. The reported position reflects shared voting and shared dispositive power of all 1,332,825 shares and no sole voting or dispositive power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Positive

• Material disclosure of a 5% beneficial ownership stake provides transparency to the market
• Shared voting and dispositive power is clearly stated, clarifying the nature of control over the shares
• Certification that the position is held in the ordinary course of business and not to influence control

Negative

• None.

Insights

Financial Analyst

TL;DR A disclosed 5% position is material but appears passive; no control intent stated.

The filing shows a non-controlling but material stake in ContextLogic Inc. at the 5% disclosure threshold. The stake size—1,332,825 shares based on the issuer's share count—could attract investor attention because it meets the regulatory reporting level that often prompts market scrutiny, yet the reporting persons explicitly state the position is held in the ordinary course of business and not to influence control. From an investor-impact perspective this is informative but not immediately catalytic: it signals interest without a stated strategic or activist intent.

Corporate Governance Expert

TL;DR Disclosure indicates shared authority but no indication of control actions or group formation beyond joint filing.

The schedule identifies shared voting and dispositive power across the three reporting persons and includes a joint filing statement under Rule 13d-1(k). That procedural joint filing clarifies responsibility for amendments and reporting but does not itself indicate coordinated efforts to change governance. The certification language asserts passive ownership, which is relevant for governance analysis because it reduces the immediate likelihood of proxy contests or board influence based solely on this filing. Ongoing monitoring of future amendments would be prudent to detect any change in intent or coordination.

08/14/2025 - 05:39 PM

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

ContextLogic Inc.

(Name of Issuer)

Class A Common Stock, $0.0001 par value

(Title of Class of Securities)

21077C305

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 21077C305

1

Names of Reporting Persons

Alyeska Investment Group, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,332,825.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,332,825.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,332,825.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 21077C305

1

Names of Reporting Persons

Alyeska Fund GP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,332,825.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,332,825.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,332,825.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 21077C305

1

Names of Reporting Persons

Anand Parekh

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,332,825.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,332,825.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,332,825.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ContextLogic Inc.
(b)	Address of issuer's principal executive offices: 2648 International Blvd Ste 115, Oakland, CA 94601
Item 2.
(a)	Name of person filing: (i) Alyeska Investment Group, L.P. (ii) Alyeska Fund GP, LLC (iii) Anand Parekh
(b)	Address or principal business office or, if none, residence: (i) 77 West Wacker Drive, 7th Floor, Chicago, IL 60601 (ii) 77 West Wacker Drive, 7th Floor, Chicago, IL 60601 (iii) 77 West Wacker Drive, 7th Floor, Chicago, IL 60601
(c)	Citizenship: (i) Alyeska Investment Group, L.P. - Delaware (ii) Alyeska Fund GP, LLC - Delaware (iii) Anand Parekh - United States of America
(d)	Title of class of securities: Class A Common Stock, $0.0001 par value
(e)	CUSIP No.: 21077C305
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,332,825
(b)	Percent of class: 5%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1,332,825
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1,332,825
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Alyeska Investment Group, L.P.

Signature:	Jason Bragg
Name/Title:	Jason Bragg | Chief Financial Officer
Date:	08/14/2025

Alyeska Fund GP, LLC

Signature:	Jason Bragg
Name/Title:	Jason Bragg | Chief Financial Officer
Date:	08/14/2025

Anand Parekh

Signature:	Anand Parekh
Name/Title:	Anand Parekh | Self
Date:	08/14/2025

Exhibit Information

Item 4. Ownership: The reporting persons are the beneficial owners of 1,332,825 shares of the Issuer's Class A Common Stock, $0.0001 par value. The percentage calculation assumes that there are currently 26,682,233 outstanding shares of Common Stock of the Issuer, based on the Issuer's 10-Q filed with the Securities and Exchange Commission on May 9, 2025. JOINT FILING STATEMENT PURSUANT TO RULE 13d-1(k) The undersigned acknowledge and agree that the foregoing statement on SCHEDULE 13G, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on SCHEDULE 13G, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

FAQ

How many ContextLogic Inc. (WISH) shares do the reporting persons own?

They beneficially own 1,332,825 shares of ContextLogic Inc. Class A common stock.

What percentage of WISH outstanding shares does 1,332,825 shares represent?

The filing states this amount represents 5% of the Class A common stock based on 26,682,233 outstanding shares per the issuer's 10-Q.

Do any of the reporting persons have sole voting or dispositive power over the WISH shares?

No. The filing reports 0 shares with sole voting power and sole dispositive power; all 1,332,825 shares are held with shared voting and shared dispositive power.

Are the shares held to influence control of ContextLogic Inc. (WISH)?

According to the certifications in the filing, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of changing or influencing control of the issuer.

Which entities and individuals filed this Schedule 13G for WISH?

The filing was made by Alyeska Investment Group, L.P., Alyeska Fund GP, LLC, and Anand Parekh.