Private Placement Memorandum是什么意思

发布网友发布时间：2023-01-24 14:33

共1个回答

热心网友时间：2024-12-14 19:11

Private Placement Memoranm是什么意思？简述如下：
What Is a Private Placement Memoranm?
A private placement memoranm (PPM) is a legal document provided to prospective investors when selling stock or another security in a business. It is sometimes referred to as an offering memoranm or offering document. A PPM is used in “private” transactions when the securities are not registered under applicable federal or state law, but rather sold using one of the exemptions from registration. The PPM describes the company selling the securities, the terms of the offering, and the risks of the investment, amongst other things. The disclosures included in the PPM vary depending on which exemption from registration is being used, the target investors, and the complexity of the terms of the offering.
大意：
一份“private placement memoranm” (简称PPM) 是在履行出售股票或其它证券的业务时，向未来的投资者提供的一份法律文件。它有时被称为发行备忘录（招股备忘录）或（基金）销售文件。一份“PPM”一般被用于"私用的（自有的）"的交易中，此时这些证券在适用的联邦或州法律之下没有登记，而是使用一个豁免登记销售。除其他一般事项外，这份 PPM 还描述了公司卖出证券、提供条款及投资风险等。取决于正在使用的豁免注册、目标投资者和复杂的提供条款不一样，包含在 “PPM” 内的披露事项也各不相同。