Update on Silicon Valley Bank: Life360 exposure expected to be up to $5.6 million, with no significant disruption to operations

SAN FRANCISCO, March 12, 2023 /PRNewswire/ — 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…