Private placement refers to the sale of securities to a limited number of private investors rather than through a public offering on an exchange. It is a way for companies to raise capital from a small group of high-net-worth individuals, institutional investors, or venture capitalists without needing a formal securities offering. BMI can be tailored it meets the specific needs of the company and the investors.

The process of the private placement is generally quicker and less expensive than a public offering, as it is not subject to the same regulatory requirements and disclosure obligations. However, it also generally offers fewer investor protections and a more limited market for the securities, as they cannot be easily bought or sold by the general public.

It's important to note that private placements are only available to accredited investors, who are defined by the SEC as individuals with a net worth of over $1 million or an annual income of over $200,000, or institutions with over $5 million in assets.

Contact us for free review of your offering