Filing Details

Accession Number:
0001104659-22-022962
Form Type:
13G Filing
Publication Date:
2022-02-13 19:00:00
Filed By:
Ggv Capital Iv L.p.
Company:
Contextlogic Inc. (NASDAQ:LOGC)
Filing Date:
2022-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
GGV Capital IV 6. 24,198,195 8. 28,797,275 28,797,275 5.0%
GGV Capital IV Entrepreneurs Fund 6. 513,057 8. 610,577 610,577 0.1%
GGV Capital Select 6. 6,555,290 8. 6,555,290 6,555,290 1.1%
GGV Capital IV 6. 24,711,252 8. 29,407,852 29,407,852 5.1%
GGV Capital Select 6. 6,555,290 8. 6,555,290 6,555,290 1.1%
Jixun Foo 6. 31,266,542 8. 35,963,142 35,963,142 6.2%
Glenn Solomon 6. 31,266,542 8. 35,963,142 35,963,142 6.2%
Jenny Hong Wei Lee 6. 31,266,542 8. 35,963,142 35,963,142 6.2%
Jeffrey Gordon Richards 6. 31,266,542 8. 35,963,142 35,963,142 6.2%
Hans Tung 6. 31,266,542 8. 35,963,142 35,963,142 6.2%
Filing
 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1) *

 

ContextLogic Inc.

(Name of Issuer)

 

Class A common stock, par value $0.0001 per share 

(Title of Class of Securities)

 

21077C 10 7

(CUSIP Number)

 

December 31, 2021

(Date of Event Which Requires Filing of This Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨Rule 13d-1(b)
   
¨Rule 13d-1(c)
   
xRule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 


CUSIP No. 21077C 10 7
13G  

 

1.

Names of Reporting Persons
GGV Capital IV L.P.

 

2.

Check the Appropriate Box if a Member of a Group (see instructions)

 

  (a)   ¨
  (b)   x (1)
3.

SEC USE ONLY

 

 

4.

Citizenship or Place of Organization

Delaware, United States of America

 

Number of 

Shares 

Beneficially 

Owned by 

Each 

Reporting 

Person With: 

5.

Sole Voting Power

 

 

6.

Shared Voting Power

24,198,195 Class A common stock (2)

 

7.

Sole Dispositive Power

 

 

8.

Shared Dispositive Power

28,797,275 Class A common stock (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

28,797,275 Class A common stock (2)

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

¨
11.

Percent of Class Represented by Amount in Row 9

5.0% of Class A common stock (4.5% of Class A and B common stock) (3)

 

12.

Type of Reporting Person (see instructions)

PN

 

 

(1)This statement on Schedule 13G is filed by GGV Capital IV L.P., GGV Capital IV Entrepreneurs Fund L.P., GGV Capital Select L.P., GGV Capital IV L.L.C., Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung (collectively, the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)The shares are held directly by GGV Capital IV, L.P. GGV Capital IV L.L.C. serves as the General Partner of GGV Capital IV L.P. As such, GGV Capital IV L.L.C. possesses power to direct the voting (other than with respect to 4,599,080 shares of Class B Common Stock that are subject to an irrevocable proxy in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. GGV Capital IV L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital IV L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital IV L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

 

Page 2

 

 


CUSIP No. 21077C 10 7
13G  

 

1.

Names of Reporting Persons
GGV Capital IV Entrepreneurs Fund L.P.

 

2.

Check the Appropriate Box if a Member of a Group (see instructions)

 

  (a)   ¨
  (b)   x (1)
3.

SEC USE ONLY

 

 

4.

Citizenship or Place of Organization

Delaware, United States of America

 

Number of 

Shares 

Beneficially 

Owned by 

Each 

Reporting 

Person With: 

5.

Sole Voting Power

 

 

6.

Shared Voting Power

513,057 Class A common stock (2)

 

7.

Sole Dispositive Power

 

 

8.

Shared Dispositive Power

610,577 Class A common stock (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

610,577 Class A common stock (2)

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

¨
11.

Percent of Class Represented by Amount in Row 9

0.1% of Class A common stock (0.1% of Class A and B common stock) (3)

 

12.

Type of Reporting Person (see instructions)

PN

 

 

(1)This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)The shares are held directly by GGV Capital IV Entrepreneurs Fund L.P. GGV Capital IV L.L.C. serves as the General Partner of GGV Capital IV L.P. As such, GGV Capital IV L.L.C. possesses power to direct the voting (other than with respect to 97,520 shares of Class B Common Stock that are subject to an irrevocable proxy in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV Entrepreneurs Fund L.P. GGV Capital IV L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital IV L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital IV L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV Entrepreneurs Fund L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

 

Page 3

 

 


CUSIP No. 21077C 10 7
13G  

 

1.

Names of Reporting Persons
GGV Capital Select L.P.

 

2.

Check the Appropriate Box if a Member of a Group (see instructions)

 

  (a)   ¨
  (b)   x (1)
3.

SEC USE ONLY

 

 

4.

Citizenship or Place of Organization

Delaware, United States of America

 

Number of 

Shares 

Beneficially 

Owned by 

Each 

Reporting 

Person With: 

5.

Sole Voting Power

 

 

6.

Shared Voting Power

6,555,290 Class A common stock (2)

 

7.

Sole Dispositive Power

 

 

8.

Shared Dispositive Power

6,555,290 Class A common stock (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

6,555,290 Class A common stock (2)

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

¨
11.

Percent of Class Represented by Amount in Row 9

1.1% of Class A common stock (1.0% of Class A and B common stock) (3)

 

12.

Type of Reporting Person (see instructions)

PN

 

 

(1)This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)The shares are held directly by GGV Capital Select L.P. GGV Capital Select L.L.C. serves as the General Partner of GGV Capital Select L.P. As such, GGV Capital Select L.L.C. possesses power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. GGV Capital Select L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital Select L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

 

Page 4

 

 


CUSIP No. 21077C 10 7
13G  

 

1.

Names of Reporting Persons
GGV Capital IV L.L.C.

 

2.

Check the Appropriate Box if a Member of a Group (see instructions)

 

  (a)   ¨
  (b)   x (1)
3.

SEC USE ONLY

 

 

4.

Citizenship or Place of Organization

Delaware, United States of America

 

Number of 

Shares 

Beneficially 

Owned by 

Each 

Reporting 

Person With: 

5.

Sole Voting Power

 

 

6.

Shared Voting Power

24,711,252 Class A common stock (2)

 

7.

Sole Dispositive Power

 

 

8.

Shared Dispositive Power

29,407,852 Class A common stock (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

29,407,852 Class A common stock (2)

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

¨
11.

Percent of Class Represented by Amount in Row 9

5.1% of Class A common stock (4.6% of Class A and B common stock) (3)

 

12.

Type of Reporting Person (see instructions)

OO

 

 

(1)This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)Consists of (i) 28,797,275 Class A common stock held by GGV Capital IV L.P., and (ii) 610,577 Class A common stock held by GGV Capital IV Entrepreneurs Fund L.P. GGV Capital IV L.L.C. serves as the General Partner of GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. As such, GGV Capital IV L.L.C. possesses power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital IV L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital IV L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

 

Page 5

 


CUSIP No. 21077C 10 7
13G  

 

1.

Names of Reporting Persons
GGV Capital Select L.L.C.

 

2.

Check the Appropriate Box if a Member of a Group (see instructions)

 

  (a)   ¨
  (b)   x (1)
3.

SEC USE ONLY

 

 

4.

Citizenship or Place of Organization

Delaware, United States of America

 

Number of 

Shares 

Beneficially 

Owned by 

Each 

Reporting 

Person With: 

5.

Sole Voting Power

 

 

6.

Shared Voting Power

6,555,290 Class A common stock (2)

 

7.

Sole Dispositive Power

 

 

8.

Shared Dispositive Power

6,555,290 Class A common stock (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

6,555,290 Class A common stock (2)

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

¨
11.

Percent of Class Represented by Amount in Row 9

1.1% of Class A common stock (1.0% of Class A and B common stock) (3)

 

12.

Type of Reporting Person (see instructions)

OO

 

 

(1)This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)The shares are held directly by GGV Capital Select L.P. GGV Capital Select L.L.C. serves as the General Partner of GGV Capital Select L.P. As such, GGV Capital Select L.L.C. possesses power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. GGV Capital Select L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital Select L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

 

Page 6

 


CUSIP No. 21077C 10 7
13G  

 

1.

Names of Reporting Persons
Jixun Foo

 

2.

Check the Appropriate Box if a Member of a Group (see instructions)

 

  (a)   ¨
  (b)   x (1)
3.

SEC USE ONLY

 

 

4.

Citizenship or Place of Organization

Singapore

 

Number of 

Shares 

Beneficially 

Owned by 

Each 

Reporting 

Person With: 

5.

Sole Voting Power

 

 

6.

Shared Voting Power

31,266,542 Class A common stock (2)

 

7.

Sole Dispositive Power

 

 

8.

Shared Dispositive Power

35,963,142 Class A common stock (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

35,963,142 Class A common stock (2)

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

¨
11.

Percent of Class Represented by Amount in Row 9

6.2% of Class A common stock (5.6% of Class A and B common stock) (3)

 

12.

Type of Reporting Person (see instructions)

IN

 

 

(1)This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)Consists of (i) 28,797,275 Class A common stock held by GGV Capital IV L.P., (ii) 610,577 Class A common stock held by GGV Capital IV Entrepreneurs Fund L.P., (iii) 6,555,290 Class A common stock held by GGV Capital Select L.P. GGV Capital IV L.L.C. serves as the General Partner of GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. As such, GGV Capital IV L.L.C. possesses power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital IV L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital IV L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital Select L.L.C. serves as the General Partner of GGV Capital Select L.P. As such, GGV Capital Select L.L.C. possesses power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. GGV Capital Select L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital Select L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

Page 7

 


CUSIP No. 21077C 10 7
13G  

 

1.

Names of Reporting Persons
Glenn Solomon

 

2.

Check the Appropriate Box if a Member of a Group (see instructions)

 

  (a)   ¨
  (b)   x (1)
3.

SEC USE ONLY

 

 

4.

Citizenship or Place of Organization

United States of America

 

Number of 

Shares 

Beneficially 

Owned by 

Each 

Reporting 

Person With: 

5.

Sole Voting Power

 

 

6.

Shared Voting Power

31,266,542 Class A common stock (2)

 

7.

Sole Dispositive Power

 

 

8.

Shared Dispositive Power

35,963,142 Class A common stock (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

35,963,142 Class A common stock (2)

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

¨
11.

Percent of Class Represented by Amount in Row 9

6.2% of Class A common stock (5.6% of Class A and B common stock) (3)

 

12.

Type of Reporting Person (see instructions)

IN

 

 

(1)This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)Consists of (i) 28,797,275 Class A common stock held by GGV Capital IV L.P., (ii) 610,577 Class A common stock held by GGV Capital IV Entrepreneurs Fund L.P., (iii) 6,555,290 Class A common stock held by GGV Capital Select L.P. GGV Capital IV L.L.C. serves as the General Partner of GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. As such, GGV Capital IV L.L.C. possesses power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital IV L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital IV L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital Select L.L.C. serves as the General Partner of GGV Capital Select L.P. As such, GGV Capital Select L.L.C. possesses power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. GGV Capital Select L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital Select L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

Page 8

 


CUSIP No. 21077C 10 7
13G  

 

1.

Names of Reporting Persons
Jenny Hong Wei Lee

 

2.

Check the Appropriate Box if a Member of a Group (see instructions)

 

  (a)   ¨
  (b)   x (1)
3.

SEC USE ONLY

 

 

4.

Citizenship or Place of Organization

Singapore

 

Number of 

Shares 

Beneficially 

Owned by 

Each 

Reporting 

Person With: 

5.

Sole Voting Power

 

 

6.

Shared Voting Power

31,266,542 Class A common stock (2)

 

7.

Sole Dispositive Power

 

 

8.

Shared Dispositive Power

35,963,142 Class A common stock (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

35,963,142 Class A common stock (2)

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

¨
11.

Percent of Class Represented by Amount in Row 9

6.2% of Class A common stock (5.6% of Class A and B common stock) (3)

 

12.

Type of Reporting Person (see instructions)

IN

 

 

(1)This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)Consists of (i) 28,797,275 Class A common stock held by GGV Capital IV L.P., (ii) 610,577 Class A common stock held by GGV Capital IV Entrepreneurs Fund L.P., (iii) 6,555,290 Class A common stock held by GGV Capital Select L.P. GGV Capital IV L.L.C. serves as the General Partner of GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. As such, GGV Capital IV L.L.C. possesses power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital IV L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital IV L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital Select L.L.C. serves as the General Partner of GGV Capital Select L.P. As such, GGV Capital Select L.L.C. possesses power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. GGV Capital Select L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital Select L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

Page 9

 


CUSIP No. 21077C 10 7
13G  

 

1.

Names of Reporting Persons
Jeffrey Gordon Richards

 

2.

Check the Appropriate Box if a Member of a Group (see instructions)

 

  (a)   ¨
  (b)   x (1)
3.

SEC USE ONLY

 

 

4.

Citizenship or Place of Organization

United States of America

 

Number of 

Shares 

Beneficially 

Owned by 

Each 

Reporting 

Person With: 

5.

Sole Voting Power

 

 

6.

Shared Voting Power

31,266,542 Class A common stock (2)

 

7.

Sole Dispositive Power

 

 

8.

Shared Dispositive Power

35,963,142 Class A common stock (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

35,963,142 Class A common stock (2)

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

¨
11.

Percent of Class Represented by Amount in Row 9

6.2% of Class A common stock (5.6% of Class A and B common stock) (3)

 

12.

Type of Reporting Person (see instructions)

IN

 

 

(1)This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)Consists of (i) 28,797,275 Class A common stock held by GGV Capital IV L.P., (ii) 610,577 Class A common stock held by GGV Capital IV Entrepreneurs Fund L.P., (iii) 6,555,290 Class A common stock held by GGV Capital Select L.P. GGV Capital IV L.L.C. serves as the General Partner of GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. As such, GGV Capital IV L.L.C. possesses power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital IV L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital IV L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital Select L.L.C. serves as the General Partner of GGV Capital Select L.P. As such, GGV Capital Select L.L.C. possesses power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. GGV Capital Select L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital Select L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

Page 10

 

 


CUSIP No. 21077C 10 7
13G  

 

1.

Names of Reporting Persons
Hans Tung

 

2.

Check the Appropriate Box if a Member of a Group (see instructions)

 

  (a)   ¨
  (b)   x (1)
3.

SEC USE ONLY

 

 

4.

Citizenship or Place of Organization

United States of America

 

Number of 

Shares 

Beneficially 

Owned by 

Each 

Reporting 

Person With: 

5.

Sole Voting Power

 

 

6.

Shared Voting Power

31,266,542 Class A common stock (2)

 

7.

Sole Dispositive Power

 

 

8.

Shared Dispositive Power

35,963,142 Class A common stock (2)

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person

35,963,142 Class A common stock (2)

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

¨
11.

Percent of Class Represented by Amount in Row 9

6.2% of Class A common stock (5.6% of Class A and B common stock) (3)

 

12.

Type of Reporting Person (see instructions)

IN

 

 

(1)This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.
(2)Consists of (i) 28,797,275 Class A common stock held by GGV Capital IV L.P., (ii) 610,577 Class A common stock held by GGV Capital IV Entrepreneurs Fund L.P., (iii) 6,555,290 Class A common stock held by GGV Capital Select L.P. GGV Capital IV L.L.C. serves as the General Partner of GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. As such, GGV Capital IV L.L.C. possesses power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital IV L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital IV L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital Select L.L.C. serves as the General Partner of GGV Capital Select L.P. As such, GGV Capital Select L.L.C. possesses power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. GGV Capital Select L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital Select L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

Page 11

 

 


CUSIP No. 21077C 10 7
13G  

 

Introductory Note: This statement on Schedule 13G is filed on behalf of the Reporting Persons, in respect of the Class A Common Stock, par value $0.0001 per share ContextLogic Inc. (the “Issuer”).

 

Item 1(a).Name of Issuer:

 

ContextLogic Inc.

 

Item 1(b).Address of Issuer’s Principal Executive Officers:

 

One Sansome Street, 40th Floor

San Francisco, California 94104

 

Item 2(a).Name of Person(s) Filing:

 

GGV Capital IV L.P.
GGV Capital IV Entrepreneurs Fund L.P.
GGV Capital IV L.L.C.
GGV Capital Select L.P.
GGV Capital Select L.L.C.
Jixun Foo
Glenn Solomon
Jenny Hong Wei Lee
Jeffrey Gordon Richards
Hans Tung

 

Item 2(b).Address of Principal Business Office:

 

GGV Capital

3000 Sand Hill Road, Suite 4-230

Menlo Park, California 94025

United States of America

 

Item 2(c).Citizenship or Place of Organization:

 

  Name   Citizenship or Place of Organization
  1.       GGV Capital IV L.P.   Delaware, United States of America
  2.       GGV Capital IV Entrepreneurs Fund L.P.   Delaware, United States of America
  3.       GGV Capital IV L.L.C.   Delaware, United States of America
  4.       GGV Capital Select L.P.   Delaware, United States of America
  5.       GGV Capital Select L.L.C.   Delaware, United States of America
  6.       Jixun Foo   Singapore
  7.       Glenn Solomon   United States of America
  8.       Jenny Hong Wei Lee   Singapore
  9.       Jeffrey Gordon Richards   United States of America
  10.     Hans Tung   United States of America

 

Item 2(d).Title of Class of Securities:

 

Class A Common Stock, par value $0.0001 per share

 

Item 2(e).CUSIP Number:          

 

21077C 10 7

 

Page 12

 

 


CUSIP No. 21077C 10 7
13G  

 

Item 3.If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

 

Not applicable.

 

Item 4(a).Amount Beneficially Owned:

 

Item 4(b).Percent of Class:

 

Item 4(c).Number of shares as to which such persons have:

 

The following information with respect to the ownership of Class A common stock of the Issuer by the Reporting Persons filing this statement on Schedule 13G as of December 31, 2021:

 

Reporting Persons  Shares Held
Directly (1)
  

Shared

Voting

Power (1)

   Shared
Dispositive
Power (1)
   Beneficial
Ownership
(1)
   Percentage
of Class A Ordinary Shares (3)
GGV Capital IV L.P.   28,797,275    24,198,195    28,797,275    28,797,275   5.0% of Class A common stock (4.5% of Class A and B common stock)
GGV Capital IV Entrepreneurs Fund L.P.   610,577    513,057    610,577    610,577   0.1% of Class A common stock (0.1% of Class A and B common stock)
GGV Capital Select L.P.   6,555,290    6,555,290    6,555,290    6,555,290   1.1% of Class A common stock (1.0% of Class A and B common stock)
GGV Capital IV L.L.C. (2)   0    29,407,852    29,407,852    29,407,852   5.1% of Class A common stock (4.6% of Class A and B common stock)
GGV Capital Select L.L.C. (2)   0    6,555,290    6,555,290    6,555,290   1.1% of Class A common stock (1.0% of Class A and B common stock)
Jixun Foo (2)   0    31,266,542    35,963,142    35,963,142   6.2% of Class A common stock (5.6% of Class A and B common stock)
Glenn Solomon (2)   0    31,266,542    35,963,142    35,963,142   6.2% of Class A common stock (5.6% of Class A and B common stock)
Jenny Hong Wei Lee (2)   0    31,266,542    35,963,142    35,963,142   6.2% of Class A common stock (5.6% of Class A and B common stock)
Jeffrey Gordon Richards (2)   0    31,266,542    35,963,142    35,963,142   6.2% of Class A common stock (5.6% of Class A and B common stock)
Hans Tung (2)   0    31,266,542    35,963,142    35,963,142   6.2% of Class A common stock (5.6% of Class A and B common stock)

 

(1)Represents the number of Class A common stock and Class B common stock currently held by the Reporting Persons.
(2)GGV Capital IV L.L.C. serves as the General Partner of GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. As such, GGV Capital IV L.L.C. possesses power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital IV L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital IV L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting (other than with respect to an aggregate of 4,696,600 shares of Class B Common Stock that are subject to irrevocable proxies in favor of the founder and chief executive officer of the Issuer) and disposition of the shares owned by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital IV L.P. and GGV Capital IV Entrepreneurs Fund L.P. GGV Capital Select L.L.C. serves as the General Partner of GGV Capital Select L.P. As such, GGV Capital Select L.L.C. possesses power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. GGV Capital Select L.L.C. owns no securities of the Issuer directly. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung are Managing Directors of GGV Capital Select L.L.C. As such, Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung possess power to direct the voting and disposition of the shares owned by GGV Capital Select L.P. and may be deemed to have indirect beneficial ownership of the shares held by GGV Capital Select L.P. Jixun Foo, Glenn Solomon, Jenny Hong Wei Lee, Jeffrey Gordon Richards and Hans Tung own no securities of the Issuer directly.
(3)The percentage of common stock beneficially owned by each of the Reporting Persons is based on a total of 643 million shares of common stock (being the sum of 577 million shares of Class A common stock and 66 million shares of Class B common stock) of the Issuer outstanding as of October 31, 2021, as set forth in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 (the “Form 10-Q”), filed on November 10, 2021. The percentage of Class A ordinary shares beneficially owned by each of the Reporting Persons is based on 577 million shares of Class A common stock outstanding as set forth in the Form 10-Q.

 

Page 13

 

 


CUSIP No. 21077C 10 7
13G  

 

Item 5.Ownership of Five Percent or Less of a Class:

 

If this statement is being filed to report the fact that as of the date hereof, the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ¨

 

Item 6.Ownership of More Than Five Percent on Behalf of Another Person:

 

Not applicable.

 

Item 7.Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company:

 

Not applicable.

 

Item 8.Identification and Classification of Members of the Group:

 

Not applicable.

 

Item 9.Notice of Dissolution of Group:

 

Not applicable.

 

Item 10.Certification:

 

Not applicable.

 

Page 14

 

 


CUSIP No. 21077C 10 7
13G  

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 14, 2022

 

GGV Capital IV L.P.  
GGV CAPITAL IV ENTREPRENEURS FUND L.P.  
BY: GGV Capital IV L.L.C.  
ITS: General Partner  
   
By: /s/ Terence Jen  
  Terence Jen  
  Attorney-in-Fact  
   
GGV Capital IV L.L.C.  
   
By: /s/ Terence Jen  
  Terence Jen  
  Attorney-in-Fact  
   
GGV CAPITAL SELECT L.P.  
BY: GGV Capital SELECT L.L.C.  
ITS: General Partner  
   
By: /s/ Terence Jen  
  Terence Jen  
  Attorney-in-Fact  
   
GGV Capital SELECT L.L.C.  
   
By: /s/ Terence Jen  
  Terence Jen  
  Attorney-in-Fact  
   
/s/ Jixun Foo  
Jixun Foo  
   
/s/ Glenn Solomon  
Glenn Solomon  
   
/s/ Jeffrey Gordon Richards  
Jeffrey Gordon Richards  
   
/s/ Hans Tung  
Hans Tung  
   
/s/ Jenny Hong Wei Lee  
Jenny Hong Wei Lee  

 

Page 15

 

 


CUSIP No. 21077C 10 7
13G  

 

Exhibit(s):

 

Exhibit 99.1: Joint Filing Statement

 

Page 16

 

 

AGREEMENT

 

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of Class A common stock of ContextLogic Inc.

 

Dated: February 14, 2022

 

GGV Capital IV L.P.  
GGV CAPITAL IV ENTREPRENEURS FUND L.P.  
BY: GGV Capital IV L.L.C.  
ITS: General Partner  
   
By: /s/ Terence Jen  
  Terence Jen  
  Attorney-in-Fact  
   
GGV Capital IV L.L.C.  
   
By: /s/ Terence Jen  
  Terence Jen  
  Attorney-in-Fact  
   
GGV CAPITAL SELECT L.P.  
BY: GGV Capital SELECT L.L.C.  
ITS: General Partner  
   
By: /s/ Terence Jen  
  Terence Jen  
  Attorney-in-Fact  
   
GGV Capital SELECT L.L.C.  
   
By: /s/ Terence Jen  
  Terence Jen  
  Attorney-in-Fact  
   
/s/ Jixun Foo  
Jixun Foo  
   
/s/ Glenn Solomon  
Glenn Solomon  
   
/s/ Jeffrey Gordon Richards  
Jeffrey Gordon Richards  
   
/s/ Hans Tung  
Hans Tung  
   
/s/ Jenny Hong Wei Lee  
Jenny Hong Wei Lee  

 

Page 17