Life360 Set to Join Russell 2000® and 3000® Indexes
2024年9月18日 - 9:22AM
Life360, Inc. (NASDAQ: LIF), the leading family connection and
safety company, today announced that it will join the Russell
2000
® and the Russell 3000
®
Indexes as part of the quarterly Russell US Index initial public
offering (IPO) additions, effective after the U.S. market opens on
September 23, 2024.
“The addition of Life360 to the Russell 2000 and 3000 Indexes is
a key achievement and a testament to our continued growth and
progress as a public company,” said Chris Hulls, co-founder and CEO
of Life360. “We are excited to join the notable companies in the
Russell 2000 and 3000 portfolios and look forward to the increased
exposure to investors of our vision to provide a comprehensive
solution to staying connected and protecting what matters most to
families.”
Membership in the U.S. Russell 3000® Index, which remains in
place for one year, means automatic inclusion in the small-cap
Russell 2000® Index, as well as the appropriate growth and value
style indexes.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $12 trillion in assets
are benchmarked against Russell’s U.S. indexes. Russell indexes are
part of FTSE Russell, a leading global index provider. In addition
to annual index reconstitutions that take place in the second
quarter each year, initial public offerings (IPOs) are added to the
Russell US indexes on a quarterly basis.For more information on the
Russell 2000® and 3000® Indexes and the Russell indexes quarterly
updates for IPOs, go to
https://www.lseg.com/en/ftse-russell/russell-reconstitution/ipo-additions.
About Life360Life360, a family connection and
safety company, keeps people close to the ones they love. The
category-leading mobile app and Tile tracking devices empower
members to stay connected to the people, pets, and things they care
about most, with a range of services including location sharing,
safe driver reports, and crash detection with emergency dispatch.
As a remote-first company based in the San Francisco Bay Area,
Life360 serves approximately 70 million monthly active users (MAU),
as of June 2024, across more than 150 countries. Life360 delivers
peace of mind and enhances everyday family life in all the moments
that matter, big and small. For more information, please visit
life360.com. (NASDAQ: LIF) (ASX: 360)
About FTSE RussellFTSE Russell is a leading
global provider of benchmarking, analytics, and data solutions for
investors, giving them a precise view of the market relevant to
their investment process. A comprehensive range of reliable and
accurate indexes provides investors worldwide with the tools they
require to measure and benchmark markets across asset classes,
styles, or strategies.
FTSE Russell Index expertise and products are used extensively
by institutional and retail investors globally. For over 40 years,
leading asset owners, asset managers, ETF providers and investment
banks have chosen FTSE Russell Indexes to benchmark their
investment performance and create ETFs, structured products, and
index-based derivatives.
FTSE Russell is focused on applying the highest industry
standards in index design and governance, employing transparent
rules-based methodology informed by independent committees of
leading market participants. FTSE Russell fully embraces the IOSCO
Principles, and its Statement of Compliance has received
independent assurance. Index innovation is driven by client needs
and customer partnerships, allowing FTSE Russell to continually
enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange
Group.
For more information, visit
https://www.lseg.com/en/ftse-russell.
Contacts
For U.S. investors:
Raymond (RJ) Jones
investors@life360.com
For Australian investors:
Jolanta Masojada, +61 417 261 367
jmasojada@life360.com
For U.S. media inquiries:
Lynnette Bruno
press@life360.com
For Australian media inquiries:
Giles Rafferty, +61 481 467 903
grafferty@firstadvisers.com.au
Life360 (NASDAQ:LIF)
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