Life360 Closes $320 Million Convertible Notes Offering

Life360 Shs Chess Depository Interests Repr 3 Sh ( (AU:360) ) has provided an update.

Life360, Inc. has successfully closed an upsized private offering of $320 million in convertible senior notes due in 2030. The net proceeds of approximately $308.9 million will be used for general corporate purposes, including potential acquisitions or strategic investments in complementary businesses, positioning the company for future growth and expansion.

The most recent analyst rating on (AU:360) stock is a Buy with a A$16.42 price target. To see the full list of analyst forecasts on Life360 Shs Chess Depository Interests Repr 3 Sh stock, see the AU:360 Stock Forecast page.

More about Life360 Shs Chess Depository Interests Repr 3 Sh

Life360 is a family connection and safety company that offers a category-leading mobile app and Tile tracking devices. These products empower users to stay connected with loved ones, pets, and belongings through services such as location sharing, safe driver reports, and crash detection with emergency dispatch, enhancing everyday family life.

Average Trading Volume: 1,419,856

Technical Sentiment Signal: Buy

Current Market Cap: A$7.42B

For an in-depth examination of 360 stock, go to TipRanks’ Stock Analysis page.