IPO of ContextLogic, Inc.

ContextLogic, Inc. has placed 46 000 000 shares of common stock in an IPO priced $24 per share, which corresponds to the upper limit of the previously announced range ($22-24). Besides, ContextLogic has granted the underwriters a 30-day option to purchase up to 6 900 000 shares of common stock at the public offering price. 
The trading debut will take place on the Nasdaq Global Select Market on December 16, 2020 under the ticker symbol “WISH”.