In a private placement, the issuing firm negotiates the terms of the offer directly with a small number of _____.

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In a private placement, the issuing firm negotiates the terms of the offer directly with a small number of accredited investors. These investors are typically wealthy individuals or institutions such as banks, insurance companies, or pension funds who meet certain income or net worth requirements set by the Securities and Exchange Commission (SEC).

In a Private Placement, the Issuing Firm Negotiates the Terms