Newborn Acquisition Shares float
What is the Shares float of Newborn Acquisition?
The Shares float of Newborn Acquisition Corp. is 635.933k 8.52%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float 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 shares float similar to Newborn Acquisition
- Dhanlaxmi Fabrics has Shares float of 614.814k 7.16%
- e Flo SA has Shares float of 616.564k 8.06%
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- Newborn Acquisition has Shares float of 635.933k 8.52%
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- Cosco (India) has Shares float of 641.377k 15.41%
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