Nominated Advisor - NOMAD
The basic criteria for a potential nominated advisor is that the company has to have practiced corporate finance for two years, been a financial advisor in three qualified transactions in two years and must employ at least four "qualified executives".
The primary responsibility of a NOMAD is to help a new company in its admission to the AIM, and to provide advice to avoid the delisting of the new company.
Investment dictionary. Academic. 2012.
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