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Newborn Acquisition Insider ownership

What is the Insider ownership of Newborn Acquisition?

The Insider ownership of Newborn Acquisition Corp. is 0.87%

What is the definition of Insider ownership?



Insider Ownership is calculated as the total number of shares owned by insiders (shareholders who own more than 5% of the corporation or an officer or director of the company) divided by the total Shares Outstanding.

A high value of insider ownership means that those working for the company have a large stake in the success of the company. This is sometimes seen as a sign that those running the company will work hard to ensure its success or believe the company's stock price will rise.

A change in insider ownership may come from exercise of option, stock grant and buying or selling of company shares. A purchase of company share signifies a confidence in the company's future performance by people who know the company best. Therefore, Net Insider buying is also an important indicator for investors.

Insider ownership of companies in the Finance sector on NASDAQ compared to Newborn Acquisition

What does Newborn Acquisition do?

Newborn Acquisition Corp. does not have significant operations. It intends to acquire, through a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination, one or more businesses or entities operating in Asia (excluding China) and the United States. The company was founded in 2019 and is based in Shanghai, China.

Companies with insider ownership similar to Newborn Acquisition