Operator
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today’s call announcing the acquisition of US Salt by ContextLogic and the formation of a new business ownership platform backed by Abrams Capital and BC Partners.
[Operator Instructions] There’ll not be a question-and-answer session at the conclusion of today’s call. However, a recording and a transcript will be made available online, and management will make themselves available to the investor community over the coming days and weeks.
Before we begin, I’d like to note that during this call, we will be referring to a slide deck that is available on ContextLogic’s Investor Relations website at ir.contextlogic.com.
Please note that today’s call contains forward-looking statements regarding future events and future performance of ContextLogic, US Salt and the combined company. These forward-looking statements are based upon information available today, and actual results could differ materially from those contemplated by these forward-looking statements. Please refer to Slides 2 and 3 for important disclaimers and cautionary statements regarding forward-looking statements.
I will now turn the call over to the host for today’s call, Ted Goldthorpe, current Chairman of ContextLogic; and Mark Ward, President of ContextLogic; Raja Bobbili, incoming Chairman of ContextLogic; and David Sugarman, CEO of U.S. Salt.
Edward Goldthorpe
Thank you. Good morning. Thank you for joining us. We’re excited to walk you through what we’re building at ContextLogic and provide a comprehensive overview of our anchor acquisition, an exceptional business called US Salt.
First, I’ll provide an overview of ContextLogic’s origins and how it ended up in a unique combination of short-term balance sheet liquidity and