private placement memorandum

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Private Placement Memorandum

A document explaining a new offering of securities for private placement. Private placement involves selling securities without registering with the SEC. A private placement memorandum must then explain exactly why the offering complies with SEC Regulation D exempting certain companies from registration; this is done to protect both the issuer and the investors. According to Regulation D, a PPM must contain a complete description of the security and the terms of the sales. It must also include applicable information about the issuer's financial situation and applicable risk factors. Because securities for general issue must be registered under Regulation D, a PPM is not allowed to contain a general offer for investment.

private placement memorandum

The documentation that provides information on a new security issue. It is similar to but less extensive than a prospectus.
References in periodicals archive ?
Physician Practice Management Systems Market, part of the Healthcare IT subscription, examines the drivers, restraints and challenges influencing the PPMS markets covering integrated PPMS, clinical care, and billing and claims solutions in the United States.
Keywords in this release: Health Insurance Portability and Accountability Act, HIPAA, integrated physician practice management system, integrated PPMS, integrated delivery networks, IDNs, Utilization Review Accreditation Commission, URAC, clinical care solutions, claims and billing solutions, healthcare providers, U.
In the near future, the number of PPMS projects is expected to climb to over 300 and be accessed by over a thousand individual PPMS/AARS users.
Our goal is to continue leveraging our experience to expand PPMS within existing customer deployments and extend the solution into new accounts as well," stated Steven A.