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LSDefine

Simple English definitions for legal terms

public float

Read a random definition: dilapidation

A quick definition of public float:

Public float is the part of a company's stock that is owned by regular people who buy shares, rather than by the company's owners or people who work for the company. The Securities and Exchange Commission (SEC) calculates public float by multiplying the number of shares owned by regular people by the current market price of the stock. When a company first goes public and sells shares to the public, those shares are also included in the public float.

A more thorough explanation:

Public float refers to the portion of a public company's outstanding stock that is owned by public investors. This excludes stock held by controlling interests, directors, officers, or other non-public entities.

The Securities and Exchange Commission (SEC) calculates public float by multiplying the number of a company's common shares held by non-affiliates by the market price. For an initial public offering (IPO), the shares issued in the IPO are added to the calculation.

For example, if a company has 1 million outstanding shares and 200,000 of those shares are held by insiders, the public float would be 800,000 shares. If the market price of each share is $10, the public float would be valued at $8 million.

Public float is important for investors because it can affect the liquidity and volatility of a stock. A larger public float generally means more shares are available for trading, which can increase liquidity and reduce volatility.

public figure | public market

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General chat about the legal profession.
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might have been a crazy small HLS II?
GoodLuckEveryone
14:59
@HopefullyInLawSchool: how do you think you did? i was nervous beyond belief but I tried to stay on my feet. i couldn't tell how I did though
misoissocute
15:00
@GodsPlanUltimately: I would love to go to a Catholic based school and if you are looking for a religious based school as well, its helpful! I actually love Hillsdale but I am from the west coast and did not even know it existed until I met my bf
Dkk
15:00
@glovediedthisishismom: hopefully!
glovediedthisishismom
15:01
hes a diddler tho
babycat
15:01
Dk why aren’t you in the senate
GodsPlanUltimately
15:01
@misoissocute: I agree :) I'm actually are at a Jesuit Catholic school for undergrad and was invited to attend the event by a mentor in my program (I'm actually a theology and religious studies student). We have an early grand program so I'm not applying to a religious law school but I am trying to go to one that still values that perspective. :) It is a very secluded school though! :D lol
misoissocute
15:04
@GodsPlanUltimately: Good luck friend!!!
Dkk
15:04
@babycat: cus I suck by societal standards
babycat
15:04
Which ones
GodsPlanUltimately
15:04
@misoissocute: You as well! Prayers that you get all your blessings this cycle! <3
babycat
15:04
I bet being a senator would take away from your hot tub time
glovediedthisishismom
15:04
It’s me, I’m him, I’m not them I’m Him Jones I’m—, I’m Him Duncan I will beat a mf ass and stomp em in my Himberlands I been him, I’ma always be him I’ma stay him, I’m not them
babycat
15:05
glove would you rather have a hot tub or be a senator
glovediedthisishismom
15:06
hot tub so i can put my butthole on the jacuzzi jets
glovediedthisishismom
15:06
wbu
babycat
15:06
yeah good point
Dkk
15:06
Yeah, it would but eventually you gotta give it up to do something good in life. What I was talking about yesterday with the Japanese movie about how the guy can't ever actually just turn on the gas and do something amazing.
babycat
15:06
put your pussy on the phone
Dkk
15:07
@babycat: listen to Nick's rap at the begginign of this epsiode. https://www.youtube.com/watch?v=H5C-k-sfZd0
babycat
15:07
@Dkk: do you think the movie condones that lifestyle or promotes it as a good thing? Why is a movie bad because you don’t like a character’s lifestyle in it?
babycat
15:08
Nick Mullen bravely promoting the fringe position of eating pussy
Dkk
15:08
I think the movie is bad cus it promotes that lifestyle as good without showing the guy is completely capable of living an alternative lifestyle. It's honoring a guy who literally has no other choice to be like that. It's like praising the sun for rising. That's just what the sun does.
duker next tues?
babycat
15:09
How does the movie promote that lifestyle as good? I don’t know that that’s justified by the contents of the film
Dkk
15:09
"Let's talk about all the ways we can get the pussy, 1. Take it. 2. Gunpoint."
babycat
15:10
You could say that his interaction with his sister and the scene at the end where he’s alternately laughing and crying show that maybe he does have regrets or is not entirely satisfied with his life
Dkk
15:10
Too me if you blatantly leave out an alternative you leave the average viewer with one option and the average viewer is impressionable so it's promoting it.
Dkk
15:10
@babycat: I mean, maybe but again, left too ambiguous.
babycat
15:11
I don’t think the movie is responsible for the intelligence of the average viewer and I don’t think it needs to have an unambiguous moral message to be a good film
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