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English definition of “pathfinder prospectus”

pathfinder prospectus

noun [C]
 
 
STOCK MARKET
a document produced for possible investors by a company selling shares for the first time. It gives details of the company, but does not give the price at which shares will be sold: issue/publish a pathfinder prospectus for sth The group will tomorrow publish the pathfinder prospectus for the offer of shares.
(Definition of pathfinder prospectus from the Cambridge Business English Dictionary © Cambridge University Press)
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