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Nasdaq’s proposed rules explicitly state that float figures are only updated during scheduled quarterly rebalances. And what happens when a company’s float goes above 20%? The 5x multiplier is dropped, and the company is upgraded to a full, 100% index weighting.
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The Kickstarter just launched, but has already soared past the initial goal. The price ranges from around $360 to $450 depending on the tier. It's worth noting that Musical Beings is a new company and Kickstarter projects are never guaranteed to come out. However, a number of units have already been built, as some musicians and studios have already gotten their hands on them.
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