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Life360 Announces Stock Sale Under Rule 10b5-1 Plan

Story Highlights
  • Life360 offers family safety services with a popular app and tracking devices.
  • Life360’s stock sale on NASDAQ follows a Rule 10b5-1 plan for strategic financial planning.
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Life360 Announces Stock Sale Under Rule 10b5-1 Plan

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

Life360, Inc. announced the sale of its US stocks on NASDAQ under a Rule 10b5-1 trading plan, which allows for automatic stock sales based on predetermined criteria. This move, authorized by the company’s CFO, Russell Burke, is part of its strategic financial planning and does not involve any material non-public information. The company’s Chess Depository Interests (CDIs) are subject to transfer restrictions under the US Securities Act, limiting their sale to US persons, except for Qualified Institutional Buyers (QIBs).

More about Life360 Shs Chess Depository Interests Repr 3 Sh

Life360, Inc. 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 serves approximately 61 million monthly active users across more than 150 countries.

YTD Price Performance: -15.61%

Average Trading Volume: 2,067

Technical Sentiment Signal: Sell

Current Market Cap: $3.01B

Find detailed analytics on 360 stock on TipRanks’ Stock Analysis page.

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