The term “information memorandum” (I.M.) refers to a document written to disseminate crucial information to several readers. An (I.M.) Information Memorandum is used to notify the recipients about a particular event, problem, or project. It may also be used to give insight into the direction, strategy, and activities being undertaken by a firm. When a business is contemplating a substantial change, such as a merger, an acquisition, or the introduction of a new product, and has to present stakeholders and other interested parties with pertinent information, information memorandums are often used.