Proposed issue of securities
Announcement Summary
For personal use only
Entity name
LIFE360 INC.
Announcement Type
New announcement
Date of this announcement
23/11/2021
The Proposed issue is:
An accelerated offer
A placement or other type of issue
Total number of +securities proposed to be issued for an accelerated offer
Maximum Number of | ||
ASX +security code | +Security description | +securities to be issued |
360 | CDI 3:1 US PERSON PROHIBITED EXCLUDING QIB | 9,984,000 |
Trading resumes on an ex-entitlement basis (ex date)
25/11/2021
+Record date
25/11/2021
Offer closing date for retail +security holders
13/12/2021
Issue date for retail +security holders
20/12/2021
Total number of +securities proposed to be issued for a placement or other type of issue
Maximum Number of | ||
ASX +security code | +Security description | +securities to be issued |
360 | CDI 3:1 US PERSON PROHIBITED EXCLUDING QIB | 13,350,000 |
Proposed +issue date
3/12/2021
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 11 |
Proposed issue of securities
For personal use only
Proposed issue of securities | 2 / 11 |
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
LIFE360 INC.
We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.
If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).
1.2 | Registered Number Type | Registration Number |
ARBN | 629412942 | |
1.3 | ASX issuer code | |
360 | ||
1.4 The announcement is | ||
New announcement | ||
1.5 | Date of this announcement |
23/11/2021
1.6 The Proposed issue is: An accelerated offer
A placement or other type of issue
1.6b The proposed accelerated offer is
Accelerated non-renounceable entitlement offer (commonly known as a JUMBO or ANREO)
Proposed issue of securities | 3 / 11 |
Proposed issue of securities
Part 3 - Details of proposed entitlement offer issue
only | ||||
Part 3A - Conditions | ||||
3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can | ||||
proceed on an unconditional basis? | ||||
use | No | |||
Part 3B - Offer details | ||||
Class or classes of +securities that will participate in the proposed issue and class or classes of +securities | ||||
personal | proposed to be issued | |||
ASX +security code and description | ||||
360 : CDI 3:1 US PERSON PROHIBITED EXCLUDING QIB | ||||
Is the proposed security a 'New | Will the proposed issue of this | If the entity has quoted company | ||
class' (+securities in a class that is | +security include an offer of | options, do the terms entitle option | ||
not yet quoted or recorded by ASX) | attaching +securities? | holders to participate on exercise? | ||
or an 'Existing class' (additional | No | No | ||
securities in a class that is already | ||||
quoted or recorded by ASX)? | ||||
Existing class | ||||
D tails of +securities proposed to be issued | ||||
ASX +security code and description | ||||
360 : CDI 3:1 US PERSON PROHIBITED EXCLUDING QIB | ||||
For | ISIN Code (if Issuer is a foreign company and +securities are non CDIs) | |||
ISIN Code for the entitlement or right to participate in the offer (if Issuer is | ||||
foreign company and +securities are non CDIs)
Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)
Has the offer ratio been determined?
Yes
The quantity of additional +securities For a given quantity of +securities
Proposed issue of securities | 4 / 11 |
Proposed issue of securities
to be issued | held |
25 | 391 |
For personal use only
What will be done with fractional | Maximum number of +securities |
entitlements? | proposed to be issued (subject to |
rounding) | |
Fractions rounded up to the next | 9,984,000 |
whole number |
Offer price details for retail security holders
Has the offer price for the retail offer been determined?
Yes
In what currency will the offer be | What is the offer price per +security |
made? | for the retail offer? |
AUD - Australian Dollar | AUD 12.00000 |
Offer price details for institutional security holders
Has the offer price for the institutional offer been determined?
Yes
In what currency will the offer be | What is the offer price per +security |
made? | for the institutional offer? |
AUD 12.00000 | |
AUD - Australian Dollar |
Oversubscription & Scale back details
Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)?
Yes
Describe the limits on over-subscription
Limited to 25% of each securityholder's entitlement
Will a scale back be applied if the offer is over-subscribed?
Yes
Describe the scale back arrangements
Life360 reserves the right to scale back applications for additional new CDIs in its absolute discretion
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Proposed issue of securities | 5 / 11 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Life360 Inc. published this content on 22 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 November 2021 23:38:02 UTC.