Public Float Clause Samples

Public Float. The Company shall use reasonable efforts to ------------ effect the Initial Public Offering Date as promptly as practicable so that the number of Shares comprising the Public Float is at all times during the Standstill Period that the New Shareholder is permitted to purchase additional Shares not less than 133% of the number of Shares the New Shareholder is then so permitted to purchase.

Public Float. The Company shall continue to have a sufficient public float to maintain the listing of the Shares on the Hong Kong Stock Exchange after the completion of the Subscription under this Agreement and the Other Subscriptions under the Other Share Subscription Agreements.

Public Float. As of April 30, 2010, the Company (i) had either (A) a non-affiliate, public common equity float of at least $150 million or (B) a non-affiliate, public common equity float of at least $100 million and annual trading volume of at least three million shares and (ii) has been subject to the Exchange Act reporting requirements for a period of 36 months.

Public Float. The Directors do not have a present intention to exercise the Buy-back Mandate to such extent, causing the public float of the Shares to fall below 25%.

Public Float. Within 60 days prior to the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2017, the aggregate market value of the Company’s voting and non-voting common equity held by non-affiliates was $75,000,000 or more.

Public Float. The public float of the Listing Vehicle shall be estimated to be 25%.

Public Float the Issuer shall at all times use its reasonable endeavours to ensure that the minimum public shareholding requirement of the Listing Rules is complied with;

Public Float. The Public Float Exemption Extension shall have been obtained, and be in full force and effect, and shall not have been rescinded or modified, or the Preferred Share Offering shall have been completed.

Public Float. As of the close of trading on Nasdaq on August 13, 2025, the aggregate market value of the outstanding voting and non-voting common equity (as defined in Rule 405) of the Company held by persons other than affiliates of the Company (pursuant to Rule 144 of the Securities Act, those that directly, or indirectly through one or more intermediaries, control, or are controlled by, or are under common control with, the Company) (the “Non-Affiliate Shares”), was approximately $206 million (calculated by multiplying (x) the price at which the common equity of the Company was last sold on Nasdaq on June 30, 2025 by (y) the number of Non-Affiliate Shares outstanding on June 30, 2025). The Company is not a shell company (as defined in Rule 405) and has not been a shell company for at least 12 calendar months previously. yy) Accuracy of Exhibits. There are no contracts or other documents that are required by the Securities Act to be described in the Prospectus or filed as exhibits to the Registration Statement, or that are required by the Exchange Act to be filed as exhibits to a document incorporated by reference into the Prospectus, that have not been so described in the Prospectus or filed as exhibits to the Registration Statement or such incorporated document.