ContextLogic (OTCQB: LOGC) investors approve 5 items at 2026 AGM

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

ContextLogic Holdings Inc. reported the results of its 2026 annual stockholder meeting. Stockholders approved an amendment to the Certificate of Incorporation to waive corporate opportunities, with 27,962,975 votes for and 1,529,295 against.

They elected Class I directors Raja Bobbili and Mark Ward to serve until the 2029 annual meeting, ratified Deloitte & Touche LLP as independent registered public accounting firm for 2026, approved on an advisory basis executive compensation for 2025, and approved a proposal to adjourn the meeting if necessary.

8-K Event Classification

Item 5.07 — Submission of Matters to a Vote of Security Holders

1 item

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Key Figures

Corporate opportunities amendment votes for: 27,962,975 votes Corporate opportunities amendment votes against: 1,529,295 votes Raja Bobbili votes for: 29,259,720 votes +4 more

7 metrics

Corporate opportunities amendment votes for 27,962,975 votes Amendment to Certificate of Incorporation to waive corporate opportunities

Corporate opportunities amendment votes against 1,529,295 votes Amendment to Certificate of Incorporation to waive corporate opportunities

Raja Bobbili votes for 29,259,720 votes Election as Class I director until 2029 annual meeting

Mark Ward votes for 27,774,273 votes Election as Class I director until 2029 annual meeting

Auditor ratification votes for 37,187,233 votes Ratification of Deloitte & Touche LLP for fiscal year 2026

Say-on-pay votes for 27,555,870 votes Advisory approval of 2025 named executive officer compensation

Adjournment proposal votes for 27,970,715 votes Approval of proposal to adjourn the annual meeting if necessary

Key Terms

corporate opportunities, broker non-votes, independent registered public accounting firm, advisory basis, +1 more

5 terms

corporate opportunities financial

"Stockholders approved an amendment to the Company’s Certificate of Incorporation to waive corporate opportunities"

broker non-votes financial

"Votes For 27,962,975, Votes Against 1,529,295, Abstentions 21,510, Broker Non-Votes 8,184,614"

Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.

independent registered public accounting firm financial

"Stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm"

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

advisory basis financial

"Stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers"

emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

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Understanding 8-K Material Events →

06/16/2026 - 04:30 PM

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

FORM 8-K

CURRENT REPORT

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

     Date of Report (Date of earliest event reported): June 11, 2026

    

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:

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


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.0001 par value	LOGC	OTCQB

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 5.07. Submission of Matters to a Vote of Security Holders.

On June 11, 2026, ContextLogic Holdings Inc. (the “Company”) held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders voted on five proposals, each of which is described in more detail in the Company’s amended and restated definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 28, 2026. The following is a brief description of each matter voted upon and the final voting results for each matter.

Proposal 1. Stockholders approved an amendment to the Company’s Certificate of Incorporation to waive corporate opportunities (the “Corporate Opportunities Proposal”). The voting results were as follows:


Votes For	Votes Against	Abstentions	Broker Non-Votes
27,962,975	1,529,295	21,510	8,184,614

Proposal 2. The two (2) Class I directors proposed by the Company were elected to serve until the Company’s 2029 annual meeting of stockholders or until his respective successor has been duly elected and qualified. The voting results were as follows:


Director Name	Votes For	Votes Withheld	Broker Non-Votes
Raja Bobbili	29,259,720	254,060	8,184,614
Mark Ward	27,774,273	1,739,507	8,184,614

Proposal 3. Stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The voting results were as follows:


Votes For	Votes Against	Abstentions	Broker Non-Votes
37,187,233	460,418	50,743	-

Proposal 4. Stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers for the year ended December 31, 2025. The voting results were as follows:


Votes For	Votes Against	Abstentions	Broker Non-Votes
27,555,870	1,942,230	15,680	8,184,614

Proposal 5. Stockholders approved a proposal to adjourn the annual meeting, if necessary. The voting results were as follows:


Votes For	Votes Against	Abstentions	Broker Non-Votes
27,970,715	1,525,592	17,473	8,184,614

SIGNATURES

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


			ContextLogic Holdings Inc.

Date:	June 16, 2026	By:	/s/ Mark Ward
			Mark Ward President Principal Executive Officer

Source: View Original Filing on SEC EDGAR

FAQ

What key governance change did ContextLogic (LOGC) stockholders approve at the 2026 annual meeting?

Stockholders approved an amendment to waive corporate opportunities, with 27,962,975 votes for and 1,529,295 against. This changes the Certificate of Incorporation to modify how certain business opportunities may be handled by the company and its leadership.

Which directors were elected at ContextLogic (LOGC) 2026 annual meeting and for how long?

Raja Bobbili and Mark Ward were elected as Class I directors. They will serve until the company’s 2029 annual meeting of stockholders, or until their respective successors are duly elected and qualified under the company’s governance structure.

Which audit firm did ContextLogic (LOGC) stockholders ratify for the 2026 fiscal year?

Stockholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. The ratification received 37,187,233 votes for, 460,418 against, and 50,743 abstentions.

How did ContextLogic (LOGC) stockholders vote on 2025 executive compensation?

On an advisory basis, stockholders approved compensation for named executive officers for 2025. The proposal received 27,555,870 votes for, 1,942,230 against, 15,680 abstentions, and 8,184,614 broker non-votes at the 2026 annual meeting.

Did ContextLogic (LOGC) stockholders approve the adjournment proposal at the 2026 annual meeting?

Yes. Stockholders approved a proposal to adjourn the annual meeting if necessary, with 27,970,715 votes for, 1,525,592 against, 17,473 abstentions, and 8,184,614 broker non-votes, providing flexibility in conducting the meeting’s formal business.

On which market is ContextLogic (LOGC) common stock quoted?

ContextLogic’s common stock, with a par value of $0.0001 per share, is quoted on the OTCQB market under the trading symbol LOGC, as indicated in the company’s disclosure of securities registered under Section 12 of the Exchange Act.

Filing Exhibits & Attachments

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