Life360 Shs Chess Depository Interests Repr 3 Sh ( (AU:360) ) has issued an update.
Life360, Inc. has reported changes in beneficial ownership as disclosed in a recent SEC Form 4 filing. The filing details the sale of Chess Depositary Interests (CDIs) on the Australian Securities Exchange (ASX), which were converted from common stock at a 1:3 ratio. The transactions involved a weighted average sale price, reflecting multiple transactions at varying prices. This change in ownership may impact the company’s stock structure and could have implications for stakeholders, particularly in terms of investment control and market positioning.
More about Life360 Shs Chess Depository Interests Repr 3 Sh
Life360, Inc. operates in the technology sector, focusing on providing family networking applications and services. The company is known for its location-based services that help families stay connected and safe, primarily through its mobile app, which offers features like location sharing, driving safety, and emergency assistance.
YTD Price Performance: -9.23%
Average Trading Volume: 353
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.07B
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