Forgotten Tax Assets Are ContextLogic's Path To Value

  • ContextLogic's troubled past created $2.9B in net operating losses, now a key investment thesis as the company pivots from e-commerce to tax asset monetization. Current cash per share is $6.7, with likely $5.9 per share in potential tax asset value, offering significant upside if realized. The new partnership with BC Partners brings $150M in committed capital and experienced M&A support, greatly increasing acquisition and value-unlock probability.