The Shares float of AMBG Inc. is 2.515M
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.
AMBG INC. intends to seek new business opportunities or to engage in a merger or acquisition with an unidentified company. Previously, it was intended to specialize in historical and cultural media, operating a content network throughout the United States and Europe for marketing, advertising, public relations, communications, television broadcasting, DVDs, books, e-books, enhanced e-books, and traditional magazines. The company was formerly known as Wordsmith Media, Inc. AMBG INC. was incorporated in 2005 and is based in New York, New York.