Life360 springboards onto NASDAQ

Global law firm DLA Piper has advised California-based technology company, Life360 (ASX:360), on its Nasdaq listing.

DLA Piper corporate partners David Ryan, Head of Capital Markets Australia, and Kelly Morrison supported Life360 with their Nasdaq listing, continuing a long-standing relationship having advised Life360 on IPO and ASX listing, along with its AUD280 million equity raise and the acquisition of Tile, Inc..

“Life360’s journey is a prime example of the benefit of US companies listing on the ASX as a future springboard. ASX listings can suit offshore tech companies because they provide a pathway for larger listings” David said.

“The Nasdaq listing is an exciting opportunity for our client and we’re delighted to have played a role,” David added.

“We see Life360’s Nasdaq listing as a natural progression in their growth story. Their story has been one of innovation and ambition and we have been honoured to be a part of that,” said Kelly.

DLA Piper is at the forefront of advising technology companies with strong growth ambitions, including advising ASX-listed US fintech company Credible Labs Inc. (ASX: CRD) on its AUD585 million merger with Nasdaq listed Fox Corporation.

DLA Piper’s global presence, with more than 11,000 colleagues in over 40 countries, provides clients with integrated solutions to their business needs around the world, wherever they do business. For the 14th consecutive year, DLA Piper was the highest-ranked legal advisor in the world for M&A deal volume, according to Mergermarket's league tables.