{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-021548","form_type":"8-K","ticker":"LIF","cik":"0001581760","company_name":"Life360, Inc.","filed_at":"2025-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.872455+00:00","generated_at":"2026-05-19T21:52:11.813152+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Life360 issues $320M 0% convertible notes due 2030; enters capped calls","bullets":["Issued $320M aggregate principal of 0.00% Convertible Senior Notes due 2030; initial conversion price ~$80.97 per share.","Entered capped call transactions costing ~$33.7M, cap price ~$122.22, to reduce potential dilution upon conversion.","Notes are zero-coupon, senior unsecured, mature June 1, 2030; convertible after March 1, 2030 or earlier upon certain events.","Initial purchasers fully exercised option for additional $45M; total issuance includes that.","Company may redeem notes on/after June 5, 2028 if stock exceeds 130% of conversion price for 20 of 30 trading days."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-021548","json":"https://secwatch.observer/filing/0001140361-25-021548.json","markdown":"https://secwatch.observer/filing/0001140361-25-021548.md","text":"https://secwatch.observer/filing/0001140361-25-021548.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1581760/000114036125021548/0001140361-25-021548-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1581760/000114036125021548/ef20050207_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T21:52:11.813152+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"27ce9277a46cddfdc16750c33942281cad8613b0","claim":"Life360, Inc. incurred convertible notes of $320,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 0.00% maturing June 1, 2030.","evidence_excerpt":"On June 5, 2025, Life360, Inc. (the “Company”) issued $320,000,000 aggregate principal amount of its 0.00% Convertible Senior Notes due 2030","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1581760/000114036125021548/0001140361-25-021548-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$320,000,000 aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"0.00%"},{"label":"Maturity","value":"June 1, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}