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SAN FRANCISCO, March 12, 2023 /PRNewswire/ -- Life360 (PRNewsfoto/Life360)
Background
San Francisco area-based Life360, Inc. ("Life360" or the "Company") (ASX: 360) is evaluating the impact of Silicon Valley Bank ("SVB") being closed on Friday, March 10, 2023 (U.S. Pacific time) by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation ("FDIC") as receiver. According to the FDIC, all insured depositors of SVB will have fu...
>>> Read more: Update on Silicon Valley Bank: Life360 exposure expected to be up to $5.6 million, with no significant disruption to operations
Background
San Francisco area-based Life360, Inc. ("Life360" or the "Company") (ASX: 360) is evaluating the impact of Silicon Valley Bank ("SVB") being closed on Friday, March 10, 2023 (U.S. Pacific time) by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation ("FDIC") as receiver. According to the FDIC, all insured depositors of SVB will have fu...
>>> Read more: Update on Silicon Valley Bank: Life360 exposure expected to be up to $5.6 million, with no significant disruption to operations
