secwatch.observer — SEC 8-K summary
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Issuer:     Life360, Inc. (LIF)
CIK:        0001581760
Form:       8-K
Filed at:   2022-10-21T23:59:59+00:00
Accession:  0001581760-22-000016
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Life360 raises monthly subscription prices for US premium tiers; annual unchanged
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- Monthly pricing for new and most existing iOS subscribers: Silver $7.99, Gold $14.99, Platinum $24.99.
- Price changes roll out to existing monthly iOS subs on staged basis affecting ~60% of US subscribers; expected by mid-Dec 2022.
- Android pricing increases only for new users due to platform limitations.
- Tile bundle inclusion as part of Membership delayed to early CY23; no meaningful CY22 revenue impact expected.
- Management expects churn within 10% retention reduction target; guidance update in Q3 earnings Nov 15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581760/000158176022000016/0001581760-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581760/000158176022000016/lifx-20221021.htm
  HTML page:      https://secwatch.observer/filing/0001581760-22-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer