# EDGAR Filing Document

**Accession Number:** 0001581760
**File Stem:** 0001581760-23-000032
**Filing Date:** 2023-3
**Character Count:** 9198
**Document Hash:** c06a4b10aa702623bb58abdb421dd8b5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001581760-23-000032.hdr.sgml**: 20230324

**ACCESSION NUMBER**: 0001581760-23-000032

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230323

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230324

**DATE AS OF CHANGE**: 20230323

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Life360, Inc.
- **CENTRAL INDEX KEY:** 0001581760
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56424
- **FILM NUMBER:** 23757294

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 SOUTH NORFOLK STREET, SUITE 310
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403
- **BUSINESS PHONE:** 415-484-5244

**MAIL ADDRESS:**
- **STREET 1:** 1900 SOUTH NORFOLK STREET, SUITE 310
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403

?xml version="1.0" ? lifx-20230323

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

______________

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): March 23, 2023**

**Life360, Inc.**

**(Exact name of registrant as specified in its charter)** 

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| | | |
|:---|:---|:---|
| **Delaware** | **000-56424** | **26-0197666** |
| (State or other jurisdiction of<br>incorporation or organization) | (Commission File Number) | (I.R.S. Employer <br>Identification No.) |

---

---

| |
|:---|
| **1900 South Norfolk Street, Suite 310**<br>**San Mateo, CA 94403** |
| (Address of principal executive offices, including zip code) |
| **(415) 484-5244** |
| (Registrant's telephone number, including area code) |
| **Not applicable.** |
| (Former name or former address, if changed since last report) |

---

______________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| None. | None. | None. |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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| |
|:---|
| Emerging growth company ☒ |
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ |

---

**Item 2.02 &nbsp;&nbsp;&nbsp;&nbsp;Results of Operations and Financial Condition.** 

Life360, Inc. (the "Company") is furnishing this Current Report on Form 8-K in connection with the disclosure of information, in the form of textual information from Appendix 4E issued on March 23, 2023 in connection with the Australian Securities Exchange regulations. A copy of the Appendix 4E is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this Item 2.02 of this Current Report on Form 8-K (including Exhibit 99.1) is furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The text included within this Item 2.02 of this Current Report on Form 8-K is available on our website located at www.life360.com, although we reserve the right to discontinue that availability at any time.

**Item 9.01 Financial Statements and Exhibits.**

*(d) Exhibits*

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | <u>[Appendix 4E of the Company dated March 23, 2023](asx4eonlyfinal.htm)</u> |

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 **SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
| | | **LIFE360, INC.** | **LIFE360, INC.** |
| Dated: | March 23, 2023 | By: | /s/ Russell Burke |
|  |  |  | Russell Burke |
|  |  |  | Chief Financial Officer |

---

## Exhibit 99.1

![](asx4eonlyfinal001.jpg)

APPENDIX 4E Life360, Inc. Annual Report 1. Company Details Name of entity: Life360, Inc. ARBN: 629 412 942 Reporting period: For the year ended 31 December 2022 Previous period: For the year ended 31 December 2021 2. Results for announcement to the market (U.S. $000's) Revenues from ordinary activities up 103 % to $228,305 Loss from ordinary activities after tax attributable to the owners of Life360, Inc. up 173 % to $(91,629) Loss attributable to the owners of Life360, Inc. up 173 % to $(91,629) Adjusted loss from ordinary activities after tax\* up 155 % to $(37,903) Dividends No dividends were paid or declared. \*The presentation of Adjusted loss from ordinary activities after tax excludes stock-based compensation and non- recurring adjustments as it provides the best measure to assess the performance of the Company. Refer to Section 5 for a reconciliation of Net loss to Adjusted loss from ordinary activities after tax. 3. Net tangible assets 31 December 2022 31 December 2021 (U.S.$) (U.S.$) Net tangible assets per ordinary security $0.30 $1.17 The Net tangible assets per ordinary security is defined as the stockholders' Equity per CHESS Depositary Interests (CDIs) issued. The common stock; CDI ratio is 1:3. 4. Details of entities over which control has been gained during the period On January 5, 2022, the Company acquired Tile, Inc ("Tile"), a smart location company whose products include a Bluetooth enabled device and related accessories that work in tandem with the Tile application to enable its customers to locate lost or misplaced objects. Contribution to loss (Unaudited) 31 December 2022 31 December 2021 (U.S. $000's) Loss from ordinary activities after tax $(33,090) $(15,275) Details of associates and joint venture entities None noted. 5. Other The consolidated financial statements for the year ended 31 December 2022 have been audited and prepared in accordance with United States Generally Accepted Accounting Principles. The consolidated financial statements were subject to an audit by BDO USA, LLP and their report is included as part of the Annual Report on Form 10-K.

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![](asx4eonlyfinal002.jpg)

The following table represents a reconciliation of GAAP Net loss (audited) to Non-GAAP Adjusted loss from ordinary activities after tax (unaudited): Year Ended December 31, 2022 2021 (U.S. $000's) Net loss $(91,629) $(33,557) Stock-based compensation 34,680 11,938 Form 10 and IPO related costs 3,766 — Acquisition and integration costs 11,949 2,744 (Gain)/loss on revaluation of contingent consideration (5,279) 3,600 Amortization attributable to intangible assets in connection with acquisitions 8,610 414 Adjusted loss from ordinary activities after tax $(37,903) $(14,861) Non-GAAP Financial Measure: Adjusted Loss from Ordinary Activities after Tax Adjusted loss from ordinary activities after tax is defined as net loss, excluding (i) stock-based compensation, (ii) Form 10 and IPO related costs, (iii) acquisition and integration costs, (iv) (gain)/loss on revaluation of contingent consideration, and (v) amortization attributable to intangible assets in connection with acquisitions. The above items are excluded from net loss because these items are non-cash in nature, or because the amount and timing of these items are unpredictable, are not driven by core-results of operations and render comparisons with prior periods and competitors less meaningful. This non-GAAP financial measure is presented for supplemental informational purposes only, should not be considered a substitute for or superior to financial information presented in accordance with GAAP, and may be different from similarly titled non-GAAP financial measures used by other companies. As such, you should consider this non-GAAP financial measure in addition to other financial performance measures presented in accordance with GAAP, including various cash flow metrics, net loss and our other GAAP results.

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