Private Placement Memorandum (PPM)
Creating a Private Placement Memorandum (PPM) What Is a Private Placement Memorandum? When securities are sold as “private” transactions because they fall under an exemption from federal and state law, Private Placement Memorandums (PPM) are typically used. Other terms for a PPM include offering document or offering memorandum. The PPM itself is a legal document[...]
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