Private Placement Memorandum
An overview of what a Private Placement Memorandum (PPM) is and where to find the one that applies to your specific investment.
What is a PPM?
A Private Placement Memorandum is the legal disclosure document an issuer provides to prospective investors in a private securities offering. It describes the investment, the issuer, key risks, material terms, the securities being offered, and the use of proceeds. It is the foundational legal document for SEC Regulation D offerings.
Where to find your offering’s PPM
Each bond offering on BondBricks has a property-specific PPM attached to it. You will be prompted to review and acknowledge the PPM on the property’s investment page before you can submit an investment. You can also revisit acknowledged PPMs in your Documents.
What a PPM typically contains
- Summary of the offering and the security being issued
- Issuer profile and management background
- Use of proceeds
- Material risk factors
- Financial information
- Investor suitability and accreditation requirements
- Investor rights, fees, and conflicts of interest
- Subscription procedures and investor certifications
Disclaimer. This page is educational and does not itself constitute an offer to sell or a solicitation of an offer to buy any security. Every BondBricks offering is made only pursuant to the offering-specific PPM provided to eligible investors on the relevant property page.
Read the PPM for any offering carefully before investing. All securities involve risk, including loss of principal. Consult your own attorney, tax advisor, or investment adviser before making any investment decision.