As I’m sure most people with a background in corporate finance would agree, the use of sample private placement memoranda can serve a valuable purpose. If used as a reference, rather than a boilerplate template, these documents can offer insights into the specifics of actual offerings and thus, provide small issuers with valuable information on how a successful equity or debt offering is constructed.
The problem inherent to working on private placements is that it typically requires legal expertise in the application of federal and state securities laws, and an intimate understanding of capital markets, which is something very unlikely to be combined in the background of a single professional.
Although the smart use of sample private placement memoranda can help you narrow that knowledge gap, they should be used with caution as every issuer has different requirements, focus and expectations.
Please don’t purchase them based on price and the assurance that you will be satisfied. Look at their pedigree and try to get as much information and feedback on the author as possible as I’ve seen some rather obscure sites offering these documents.
In the event, you’re still unclear on how to proceed with your private placement, please feel free to review our article “Private Placements – What is Myth? What is Reality? The article is available at http://publications.fastventures.com/article/private-placements-or-regulation-d-offerings---what-is-myth-what-is-reality
If you’re interested in some quality sample private placement memoranda, please take a look at: http://publications.fastventures.com/reference-documents
In the event you’re interested in jumpstarting communications with potential investors in your private placement, please take a look at our whitepaper “Reaching High-Net-Worth-Individuals with your Private Placement”, which is available at http://publications.fastventures.com/reaching-high-net-worth-individuals-with-your-private-placement
This whitepaper reflects the investor communication strategy we used while raising about $5 million in a Series A equity round for a distressed real estate investment fund.
In the event your needs are a little more complex, please feel free to visit our website at http://www.jacksonsteiner.com/en/expertise/fa/private-placement-advisory.php to learn more about our private placement advisory services.
Please feel free to send me a private message here on SUN or contact me via JacksonSteiner.com if you would like to discuss your project in greater detail. I frequently work with other financial services firms, so maybe I can give you a few additional pointers.
I hope this helps.
Cheers & good luck in your endeavors.
Advanced Document Design for entrepreneurs, intermediaries, and the financial services industry.