The Private Placement Memorandum (PPM) is a very important document, because it provides the investors with the prescribed data they will need to make investment decisions and includes the actual documentation to effect the investment transaction. PPMs are designed as a stand-alone document - meaning that there need not be other information presented to the investors for them to make accurate investment decisions.
However, many companies will include their business plans, audio/video clips, PowerPoint presentations, news articles and other due diligence information, along with the PPM as supporting documentation. This is an acceptable practice so long as the information in these documents properly corresponds with the information in the PPM, and that the investor is made aware that the supporting documents alone do not constitute an offer to sell securities - only the PPM can make that offer.
Sample Data Room Solutions for Private Placements
To see a sample V-Rooms™ Virtual Data Room, use the button provided below and enter the matching username and password.
Username: PPM
Password: PPM