Ideally it’s announced by the company in some formal way. Commonly there will be a quarterly update which includes important information which will affect the share price. It can also be that it leaks out and becomes sufficiently widely known that it’s considered to have become public, but the threshold isn’t clearly defined and you need a judge to work it out.
Basically once a member of the public reasonably could be aware of it then it’s public knowledge.
Ideally it’s announced by the company in some formal way. Commonly there will be a quarterly update which includes important information which will affect the share price. It can also be that it leaks out and becomes sufficiently widely known that it’s considered to have become public, but the threshold isn’t clearly defined and you need a judge to work it out.
Basically once a member of the public reasonably could be aware of it then it’s public knowledge.