Family Location-Sharing App Life360 Eyes Nasdaq Listing

Life360 also unveiled its plan to invest in Hubble Network, a satellite business founded by its co-founder and director, Alex Haro.

A person uses a cell phone in Ottawa on Monday, July 18, 2022. The agency that handles most emergency calls in British Columbia says 2022 was its busiest year, ever, but along with managing life-saving communications, EComm says it is still receiving an unacceptable number of frivolous calls. The Canadian Press/Sean Kilpatrick

Leading family location-based service Life360 said it has revived Nasdaq plans for a U.S. initial public offering (IPO) to raise up to US$100 million (A$151 million), but has yet to determine the number of shares and price range for the listing.

The location-sharing app announced the S-3 filing after securing investor support recently, after it said would enable ads on its platform to generate additional revenue.