What is Life360's IPO price?

The IPO price has not been set and will be based on the value of its existing Australia-listed stock, Life360 said. Shares in Life360 were up 1.6% at 15.42 Australian dollars (US$10.31) in Tuesday's early trade, giving the San Francisco-based company a market capitalization of about US$2.15 billion.

What's going on with Life360 shares in Australia?

Shares in Life360 were up 1.6% at 15.42 Australian dollars (US$10.31) in Tuesday's early trade, giving the San Francisco-based company a market capitalization of about US$2.15 billion. The company said it intends to use proceeds from the U.S. offering to increase its capitalization and financial flexibility.

Why did the Life360 share price drop 4%?

The Life360 Inc ( ASX: 360) share price has sunk 4% after delivering its 2022 third quarter update. Life360 said that it offers a platform for families that allows them to better know, communicate with, and protect family members. It has a mobile app, with features like communications, driving safety and location sharing.