Document background
The PPM Private Placement Memorandum is a crucial document in Irish corporate finance, used when companies seek to raise capital through private offerings of securities without public registration. This document type is particularly relevant under Irish law when companies wish to avoid the more stringent requirements of a public offering while still providing comprehensive disclosure to sophisticated investors. The memorandum must comply with Irish regulatory requirements, including the Companies Act 2014 and relevant EU directives, while containing detailed information about the business, risks, financials, and terms of the offering. It's commonly used for private equity raises, venture capital rounds, and other private investment scenarios where the offering is limited to qualified investors. The document serves both as a marketing tool and a legal compliance document, protecting the issuer while providing potential investors with the information needed to make informed investment decisions.
