Sunday, August 3, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Press Release GlobeNewswire

Life360 Announces Closing of Upsized $320 Million Offering of 0.00% Convertible Senior Notes

June 6, 2025
in GlobeNewswire, Web3
Reading Time: 7 mins read
5
SHARES
244
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

SAN FRANCISCO, June 05, 2025 (GLOBE NEWSWIRE) — Life360, Inc. (NASDAQ: LIF, ASX: 360) (“Life360”), today announced the closing of its previously announced private offering of 0.00% convertible senior notes due 2030 (the “Notes”). The notes were sold in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The offering represents the aggregate of both the previously announced, upsized offering of $275.0 million, as well as the full exercise of the $45.0 million option to purchase additional notes granted by Life360 to the initial purchasers of the notes, which aggregates to $320 million in principal amount of the Notes.

The net proceeds from the offering were approximately $308.9 million, after deducting fees and estimated expenses. Life360 used approximately $33.7 million of the net proceeds from this offering of the notes to fund the cost of entering into the previously disclosed capped call transactions, and intends to use the remainder of the net proceeds for general corporate purposes, which may include acquisitions or strategic investments in complementary businesses.

The offer and sale of the notes and the shares of Life360’s common stock potentially issuable upon conversion of the notes have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction, and such securities may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

This press release does not and shall not constitute an offer to sell, or the solicitation of an offer to buy, any notes or shares of Life360’s common stock, nor shall there be any offer, solicitation or sale of notes or such common stock in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offer and sale of the notes and any shares of common stock issuable upon conversion of the notes have not been, and will not be, registered under the Securities Act or any other securities laws, and the notes and any such shares cannot be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws. This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, the notes or any shares of common stock issuable upon conversion of the notes, nor will there be any sale of the notes or any such shares, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful.

Authorization

Chris Hulls, Director, Co-Founder and Chief Executive Officer of Life360 authorized this announcement being given to ASX.

About Life360

Life360, a family connection and safety company, keeps people close to the ones they love. The category-leading mobile app and Tile tracking devices empower members to stay connected to the people, pets, and things they care about most, with a range of services, including location sharing, safe driver reports, and crash detection with emergency dispatch. Life360 delivers peace of mind and enhances everyday family life in all the moments that matter, big and small.

Contacts

For U.S. investor inquiries:For U.S. media inquiries:
Raymond (RJ) JonesLynnette Bruno
rjones@life360.compress@life360.com
  
For Australian investor inquiries:For Australian media inquiries:
Jolanta Masojada, +61 417 261 367Giles Rafferty, +61 481 467 903
jmasojada@life360.comgrafferty@firstadvisers.com.au
  

Forward-looking statements

This announcement contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Life360 intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements regarding the intended use of the net proceeds and the effects of entering into the capped call transactions. The words “anticipate”, “believe”, “expect”, “potential”, “project”, “predict”, “will”, “forecast”, “estimate”, “likely”, “intend”, “outlook”, “should”, “could”, “may”, “target”, “plan”, variations of these terms or the negative of these terms and other similar expressions can generally be used to identify forward-looking statements. Investors and prospective investors are cautioned not to place undue reliance on these forward-looking statements as they involve inherent risk and uncertainty (both general and specific) and should note that they are provided as a general guide only and should not be relied on as an indication or guarantee of future performance. There is a risk that such predictions, forecasts, projections and other forward-looking statements will not be achieved. Subject to any continuing obligations under applicable law, Life360 does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date of this announcement, to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any such statements are based.

Although Life360 believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, Life360 can give no assurance that such expectations and assumptions will prove to be correct and, actual results may vary in a materially positive or negative manner. Forward-looking statements are subject to known and unknown risks, uncertainty, assumptions and contingencies, many of which are outside Life360’s control, and are based on estimates and assumptions that are subject to change and may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Factors that could cause actual results to differ materially from those implied by the forward-looking statements include market conditions, the satisfaction of the closing conditions related to the offering and risks relating to Life360’s business, including those described in greater detail under the heading “Risk Factors” in Life360’s Australian Securities Exchange (“ASX”) and United States Securities and Exchange Commission (“SEC”) filings, including its Annual Report on Form 10-K filed with the SEC on February 27, 2025, Quarterly Reports on Form 10-Q, and other reports filed with the SEC. To the maximum extent permitted by law, responsibility for the accuracy or completeness of any forward-looking statements whether as a result of new information, future events or results or otherwise is disclaimed. This announcement should not be relied upon as a recommendation or forecast by Life360. Life360 may not consummate the offering described in this announcement and, if the offering is consummated, cannot provide any assurances regarding its ability to effectively apply the net proceeds as described above. Nothing contained in this document nor any information made available to you is, or shall be relied upon as, a promise, representation, warranty or guarantee as to the past, present or the future performance of Life360.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

ServiceTitan Partners with EagleView to Empower Roofing and Exterior Contractors

Next Post

IDT Corporation Reports Third Quarter 2025 Results

Related Posts

TrimIQ Weight Loss: Official launched in UK and Ireland With Green Tea Probiotic Complex

New York City, NY, Aug. 02, 2025 (GLOBE NEWSWIRE) -- TrimIQ UK, a pioneering health and wellness brand, proudly announces the launch of its ground-breaking weight management solution, TrimIQ. Designed to empower individuals to achieve their health goals through science-backed, sustainable methods, TrimIQ is set to redefine the landscape of...

Read moreDetails

Free Spins No Deposit Bonus Casino | Online Real Money Casino No Deposit By Wild Casino

New York City, NY, Aug. 02, 2025 (GLOBE NEWSWIRE) -- Free spins at no deposit casinos are changing how people experience online slots. You can win real money without spending anything up front. No credit card. No deposit. Just sign up, spin, and play. A no deposit bonus gives new...

Read moreDetails

Arialief for Neuropathy Supplement: Official Launch of a New Hope for Sciatic Nerve Discomfort Relief

New York City, NY, Aug. 02, 2025 (GLOBE NEWSWIRE) -- Arialief: A New Approach to Managing Sciatic Nerve Discomfort  In 2025, a new player has entered the realm of nerve health supplements: Arialief, a dietary supplement designed to address sciatic nerve discomfort. With an increasing number of individuals seeking natural...

Read moreDetails

Audizen Drops Officially Launched: Natural Tinnitus Support Inspired by Audifort

New York City, NY, Aug. 02, 2025 (GLOBE NEWSWIRE) -- Audizen Drops’ Official Launch: A Science-Backed Solution for Sciatic Nerve Discomfort - Audizen for Neuropathy In 2025, a new contender has emerged in the realm of nerve health supplements: Audizen Drops, a liquid dietary supplement designed to address sciatic nerve...

Read moreDetails

Flood Warning System Market SWOT Analysis by Key Players | High Sierra Electronics, Campbell Scientific, Senix Corporation

Flood Warning System Market Global Flood Warning System Market, Outlook, and Forecast 2024-2032 is the latest research study released by "MarketIntellix" evaluating the market risk side analysis, highlighting opportunities, and leveraging with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and...

Read moreDetails

TwentyOneVC Redefines Retail Investing with Advanced Tools for Smarter Financial Decisions

LONDON, Aug. 02, 2025 (GLOBE NEWSWIRE) -- TwentyOneVC, a financial business, has launched a new suite of trading tools to assist individual investors in making smarter financial decisions. The updates provide a more transparent market view, enhanced access to trading, and enhanced risk management to users who trade in forex,...

Read moreDetails

LET Mining launches XRP cloudmining mobile app, opening up new ways to earn money with XRP

You can operate it with your mobile phone, no technical threshold, and the income is automatically distributed.LET Mining's newly launched mobile cloudmining app is open to global users for download, supporting multi-language interface and multi-chain asset recharge. Users can use XRP to purchase computing power contracts with just a few...

Read moreDetails

Trusted XRP cloudmining platform – RICH Miner converts your XRP into stable daily profits

Simply "holding" cryptocurrencies is no longer enough to maximize the value of your assets. Whether it's BTC, XRP, SOL, USDC, or other major cryptocurrencies, simply sitting in your wallet, waiting for them to appreciate, means you're missing out on their opportunity to generate cash flow. Now, RICH Miner, the world's...

Read moreDetails

DNSBTC Sparks CloudMining Services, Attracting New Users in 2025.

With Bitcoin (BTC) mining costs surging due to rising energy prices, difficulty adjustments, and stricter regulations, many miners are feeling the pressure. Hardware investments alone can run into thousands of dollars, not to mention the electricity bills that follow. But amid this evolving landscape, DNSBTC, a U.S.-based cloudmining platform, is...

Read moreDetails

From Crypto Confusion to Clarity: AIXA Miner Simplifies CloudMining for All in 2025

Despite a turbulent market and the perplexity that surrounded crypto investing, AIXA Miner is still making things simple by turning cloudmining into a no-effort, accessible, and money-making venture for everybody, from the beginner who is still in doubt to the expert who is most crypto addicted. In 2025, as traditional...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    85 shares
    Share 34 Tweet 21
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    47 shares
    Share 19 Tweet 12
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    65 shares
    Share 26 Tweet 16
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    43 shares
    Share 17 Tweet 11
  • Discover the Best Metaverse Crypto Projects and Virtual Worlds 2025

    44 shares
    Share 18 Tweet 11
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • Global Leaders in Solar Energy Infrastructure and Noise Protection Join Forces
  • Coinstrend Officially Announces the Launch of Its Next-Gen Crypto Exchange
  • TrimIQ Weight Loss: Official launched in UK and Ireland With Green Tea Probiotic Complex
  • Free Spins No Deposit Bonus Casino | Online Real Money Casino No Deposit By Wild Casino
  • Arialief for Neuropathy Supplement: Official Launch of a New Hope for Sciatic Nerve Discomfort Relief

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.