Life360 Upsizes Convertible Senior Notes Offering to $275 Million
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Life360, Inc. has upsized its offering of convertible senior notes to $275 million, up from $250 million, due in 2030. The notes will not bear regular interest and are intended for capped call transactions and general corporate purposes, including potential acquisitions. This move aims to enhance financial flexibility and support growth initiatives. The latest analyst rating for Life360 stock (AU:360) is a Buy with a price target of A$17.50.
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