---
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"
generated_at: "2026-05-19T21:52:11.813152+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Life360 issues $320M 0% convertible notes due 2030; enters capped calls

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-021548
- JSON: https://secwatch.observer/filing/0001140361-25-021548.json
- Plain text: https://secwatch.observer/filing/0001140361-25-021548.txt

## Key facts
- Debt Financings
  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.
  - Instrument: convertible notes
  - Principal: $320,000,000 aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 0.00%
  - Maturity: June 1, 2030
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1581760/000114036125021548/0001140361-25-021548-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.