An update from Life360 Shs Chess Depository Interests Repr 3 Sh ( (AU:360) ) is now available.
Life360 has announced the sale of its US stock on NASDAQ through a Rule 10b5-1 trading plan, which allows for automatic stock sales based on predetermined criteria. This move, authorized by CFO Russell Burke, is part of the company’s strategic financial management and does not involve any material non-public information. The announcement also highlights the regulatory restrictions on Life360’s Chess Depository Interests (CDIs) under the US Securities Act, impacting their transferability to US persons.
More about Life360 Shs Chess Depository Interests Repr 3 Sh
Life360 is a San Francisco Bay Area-based company specializing in family safety and connection. It offers a leading mobile app and Tile tracking devices that provide services such as location sharing, safe driver reports, and crash detection with emergency dispatch. The company has approximately 61 million monthly active users across more than 150 countries.
YTD Price Performance: -6.48%
Average Trading Volume: 353
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.07B
Learn more about 360 stock on TipRanks’ Stock Analysis page.