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LSDefine

Simple English definitions for legal terms

public float

Read a random definition: disputatio fori

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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shaquilleoatmeal
11:14
damn couldnt even get to Christmas dinner before this question lmao im not looking for anything serious rn so no updates lol
11:14
i made out with my ex in a stairwell the other day if you care. my only update
shaquilleoatmeal
11:14
oof
shaquilleoatmeal
11:14
twitter ex or a different ex
11:15
different ex
windyMagician
11:15
since its not Twitter dude I'll forgive it
shaquilleoatmeal
11:17
at least you did that before the new year, cant carry that baggage in 25
11:17
I think he thinks if I move to nyc we’re going to get back together
11:17
that’s not my plan tbh
jackfrost11770
11:18
this is so funny
shaquilleoatmeal
11:19
lmao damn wish id be classmates with this dude
shaquilleoatmeal
11:20
@cheriebomb: you never know what the future holds
jackfrost11770
11:20
also cherie fallen soldier
jackfrost11770
11:20
i got home at 8 am from the club and my neighbor was leaving to go biking. truly living in different worlds
11:20
i don’t fw him that heavy tbh
11:21
i get along better with his friends than i do with him
windyMagician
11:21
nah the hiking in Nike blazers deserves jail time
11:21
he was already vomiting and shitting in a hole I think he did his penance
windyMagician
11:26
call that restorative justice
11:35
they put a place in the UK second. I don’t trust their methodology
shaquilleoatmeal
11:35
im laughin cause it definitely isnt but the fact that some people this it is is comical
shaquilleoatmeal
11:35
tink*
shaquilleoatmeal
11:35
think jee
shaquilleoatmeal
11:35
jeez - im over it
11:37
imagine saying you want to go to boston for christmas 💀
shaquilleoatmeal
11:40
imagine you not wanting to go what lmao
13:55
not impressed by the fact that they have a park and some buildings. who doesn't
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