Public Float definition

Public Float means the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a “control person”), or any affiliates thereof, or any immediate family members of officers, directors and control persons.

Public Float means the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding, or any Affiliates thereof, or any Immediate Family Members of officers, directors and control persons.

Public Float. , for a class of securities, means

Examples of Public Float in a sentence

• The Company shall within the next Business Day after its receipt of the aforesaid notice respond to the Bondholder concerned in writing whether the proposed allotment and issue of the Conversion Shares would result in a breach of the Public Float Requirement.

• The Company has agreed, in the Preferred Shares Subscription Agreement, to increase the Public Float Percentage to a level such that upon full conversion of the Preferred Shares into Shares, the Public Float Percentage will not be less than the Minimum Public Float Percentage, as soon as possible and before the date falling 90 days from the date of completion of the proposed issue of Preferred Shares, or such later date as CT Bright consents to.

• Public Float of the Units Base of information that is publicly available and within the knowledge of the Directors, Spring REIT maintained a public float of not less than 25% of the issued and outstanding Units as of 30 June 2016.

• The Subscription is mainly for the purpose of increasing the Public Float Percentage.

• Subject to fulfilment or satisfaction of the conditions precedent of the Rights Issue, the Rights Issue shall proceed regardless of its level of acceptances, and up to 130,782,158 Rights Shares can be subscribed subject, however, to any Scaling-down vis-a-vis the GO Obligation or the Public Float Requirement.

More Definitions of Public Float

Public Float means, in respect of a class of securities, the market value of the securities of such class, excluding securities that are beneficially owned, directly or indirectly, or over which control or direction is exercised by persons or companies that alone or together with their respective Associates and Affiliates, beneficially own or exercise control or direction over more than 10% of the issued and outstanding securities of such class, provided that securities that would be excluded because a portfolio manager of a pension fund, mutual fund or non-redeemable investment fund exercises control or direction over them need only be excluded if the portfolio manager is an Affiliate of the issuer of those securities;

Public Float means the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial

Public Float means the number of securities outstanding, less securities known by the Listed Issuer after reasonable enquiry to be:

Public Float means the aggregate market value of the Company’s voting and non-voting common equity held by non-affiliates calculated in accordance with Instruction 2 to General Instruction B of Form S-3; and (b) “annual trading volume” means the number of shares of Class A Common Stock traded on the New York Stock Exchange during a recurring 12-month period culminating within 60 days of the date hereof. The Company’s Class A Common Stock has an ADTV value of at least $1.0 million. As used herein the term “ADTV” shall have the meaning ascribed to it in Rule 100 of Regulation M.

Public Float means the number of securities of the class which are issued and outstanding, less the number of securities that are pooled, escrowed or non-transferable, and less the number of securities of the class, known to the Listed Issuer after reasonable inquiry, beneficially owned, or over which control or direction is exercised by:

Public Float means the number of Equity Securities held by shareholders of the Company other than (a) shareholders who Beneficially Own more than ten percent of all outstanding Common Stock, (b) directors or executive officers of the Company and any members of their immediate family, and (c) Affiliates of the Company.

Public Float means the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a “control person”), or any affiliates thereof, or any immediate family members of officers, directors and control persons. In this instance, the Company has calculated shares in the public float by using the number of shares held in the designated name of CEDE & Co. This is the most reasonable means of determining the number of our outstanding shares that are available for trading by the public.