Life360 Shs Chess Depository Interests Repr 3 Sh (AU:360) has released an update.
Life360, Inc. has launched its initial public offering (IPO) in the United States with 5,750,000 shares of common stock, including over 3.7 million offered by the company and the rest by selling securityholders, who will retain the proceeds from their shares. Before this offering, the company’s stock was traded on the Australian Securities Exchange as CHESS Depositary Interests. The IPO price of $27.00 per share values the offering at approximately $155 million, with the shares to be listed on the Nasdaq Global Select Market under the ticker ‘LIF’.
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