Corporate promoter
Doer of preliminary work related to the formation of a company / From Wikipedia, the free encyclopedia
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For other uses, see Promoter (disambiguation).
A corporate promoter is a firm or person who does the preliminary work related to the formation of a company, including its promotion, incorporation, and flotation, and solicits people to invest money in the company, usually when it is being formed. An investment banker, an underwriter, or a stock promoter may, wholly or in part, perform the role of a promoter. Promoters generally owe a duty of utmost good faith, so as to not mislead any potential investors, and disclose all material facts about the company's business.[1] An earlier term for such a person is projector.[2]
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