Meaning of “pathfinder prospectus” in the English Dictionary

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"pathfinder prospectus" in Business English

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pathfinder prospectusnoun [ C ]


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)