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ContextLogic | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-The Vanguard Group(4.75%)

SEC announcement ·  Feb 13 18:16
Summary by Moomoo AI
On December 29, 2023, The Vanguard Group filed an amended Schedule 13G/A with the SEC, indicating a change in their holdings of ContextLogic Inc.'s Class A common stock. The filing, dated February 13, 2024, shows that The Vanguard Group now beneficially owns 1,140,000 shares, representing 4.75% of the class. This stake is managed through a combination of shared and sole dispositive power, with The Vanguard Group having sole voting power over none of the shares, shared voting power over 10,408 shares, sole dispositive power over 1,120,496 shares, and shared dispositive power over 19,504 shares. The Vanguard Group, headquartered in Pennsylvania, is an investment adviser and reports that the securities were acquired in the ordinary course of business, not with the purpose of changing or influencing the control of ContextLogic, nor in connection with any transaction having such purpose or effect.
On December 29, 2023, The Vanguard Group filed an amended Schedule 13G/A with the SEC, indicating a change in their holdings of ContextLogic Inc.'s Class A common stock. The filing, dated February 13, 2024, shows that The Vanguard Group now beneficially owns 1,140,000 shares, representing 4.75% of the class. This stake is managed through a combination of shared and sole dispositive power, with The Vanguard Group having sole voting power over none of the shares, shared voting power over 10,408 shares, sole dispositive power over 1,120,496 shares, and shared dispositive power over 19,504 shares. The Vanguard Group, headquartered in Pennsylvania, is an investment adviser and reports that the securities were acquired in the ordinary course of business, not with the purpose of changing or influencing the control of ContextLogic, nor in connection with any transaction having such purpose or effect.
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