Practical Law Glossary Item 7-383-2213 (Approx. 3 pages)
Glossary
Private Placement Memorandum
Also known as an offering memorandum, OM, offering circular, OC, and PPM. A document, typically used in an unregistered offering of securities, that provides investors with certain information about:
The issuer of the securities.
Risks associated with the issuer and the offered securities.
The issuer's business.
The securities being offered, including any restrictions on subsequent transfers.