Question about private placement stocks?

Most of the time, the companies that conduct PIPEs (or private placements) conduct them through something called a placement agent. Depending on the kind of deal, either the agent buys the shares and the investors, in turn, buy the shares from the agent (in a bought-deal financing) or the investors go through the agent in order to purchase the shares directly from the company. The key is to find out what agent the company is using and go through them to buy the shares. Occassionally, you'll find a company that conducts a non-brokered PIPE, in which case you'll contact the company directly with the number of shares in the deal you want to purchase. Of course you will be asked for pertinent information as you would with any investment.