Life360 Shs Chess Depository Interests Repr 3 Sh (AU:360) has released an update.
Life360, Inc. is launching its initial public offering (IPO) in the United States with 5,750,000 shares of common stock, with 3,286,231 shares offered by the company and 2,463,769 by selling securityholders. The company’s common stock is set to be listed on the Nasdaq Global Select Market under the ticker symbol ‘LIF’, expanding from its current presence on the Australian Securities Exchange as CHESS Depositary Interests under the symbol ‘360’. The IPO price will be based on the CDIs’ trading price on the ASX and market conditions, with no proceeds from the sale of shares by selling securityholders going to Life360.
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