06:13 AM EDT, 06/02/2025 (MT Newswires) -- Life360 ( LIF ) said Monday it is planning to offer $250 million convertible senior notes due 2030 in a private placement to eligible purchasers.

The company expects to grant the initial purchasers a 13-day option to purchase up to $37.5 million in additional amount of notes.

Net proceeds will be used to fund certain capped call transactions, as well as for general corporate purposes.