What document must be approved by the NOMAD for a private placing in AIM?

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In the context of private placings on the Alternative Investment Market (AIM), the admission document is the key document that must be approved by the nominated adviser (NOMAD). This document is critical as it contains essential information about the company and the securities being offered to potential investors. It provides details about the business, its financials, management, and corporate governance structures, all of which are important for investors to make informed decisions.

The role of the NOMAD is to ensure that the admission document complies with AIM rules and regulations, thereby facilitating transparency and integrity in the market. This oversight is crucial because private placings are often not subjected to the same level of scrutiny as public offers, making the NOMAD's approval an essential component of the process to protect investors.

Other documents mentioned, like the full investment prospectus, are more relevant in different contexts, such as public offerings. The financial disclosure report and the corporate governance report serve important functions but do not specifically require NOMAD approval for private placings on AIM. Hence, the admission document stands out as the necessary document for this scenario.

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