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LSDefine

Simple English definitions for legal terms

public float

Read a random definition: ship's husband

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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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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