Life360 prices upsized debt offering via issuance of convertible senior notes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2025
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Should l Buy ?
Source: SeekingAlpha
Debt Offering Announcement: Life360 has increased its debt offering to $275 million in convertible senior notes due 2030, with settlement scheduled for June 5, 2025. The initial conversion rate is set at approximately $80.97 per share, representing a 32.5% premium over the recent closing price.
Use of Proceeds: The company expects net proceeds of around $265.2 million, which will be allocated towards capped call transactions and general corporate purposes, with additional funds available if initial purchasers opt for more notes.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
