USUS Salt Parent Holdings, LLCCContextLogic Holdings Inc.

Overview

ContextLogic agreed to acquire US Salt Parent Holdings, LLC and subsidiaries from Emerald Lake-managed funds at an enterprise value of about $907.5 million. It was financed with cash, new debt, rights offering proceeds and rollover equity.

Deal rationale

The deal transforms ContextLogic into a business ownership platform, combining its roughly $2.9 billion of NOLs with US Salt's cash-generating business.

Timeline

1. AnnouncedFeb 26, 2026Filing
2. ClosedFeb 26, 2026

   Imported from prototype record 160, unverified

   Filing

Valuation and terms

Advisors

Parties