Private placement memorandum
A private placement memorandum, or PPM, is an offering document that describes a private securities offering, its terms, and associated risks. Its use and contents vary.
Why it matters to a capital raiser
I ensure offering materials are accurate and consistent with counsel's guidance.
Related terms
A term can mean something different in a particular deal, so read it with the governing documents. General education only. Not legal, tax or investment advice.