Horizon Ventures Fund II, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest, 25623 [E6-6488]

Download as PDF Federal Register / Vol. 71, No. 83 / Monday, May 1, 2006 / Notices 25623 Paper Comments SMALL BUSINESS ADMINISTRATION • Send paper comments in triplicate to Nancy M. Morris, Secretary, Securities and Exchange Commission, Station Place, 100 F Street, NE., Washington, DC 20549–1090. [License No. 09/79–0456] All submissions should refer to File Number SR–NSX–2005–09. This file number should be included on the subject line if e-mail is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s Internet Web site (https://www.sec.gov/ rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule change that are filed with the Commission, and all written communications relating to the proposed rule change between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for inspection and copying in the Commission’s Public Reference Room. Copies of such filing also will be available for inspection and copying at the principal office of the Exchange. All comments received will be posted without change; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR–NSX–2005–09 and should be submitted on or before May 22, 2006. IV. Solicitation of Comments V. Conclusion Interested persons are invited to submit written data, views, and arguments concerning Amendment Nos. 1 and 2, including whether Amendment Nos. 1 and 2 is consistent with the Act. Comments may be submitted by any of the following methods: It is therefore ordered, pursuant to Section 19(b)(2) of the Act,22 that the proposed rule change (File No. SR– NSX–2005–09) is approved, and Amendment Nos. 1 and 2 to the proposed rule change are approved on an accelerated basis. Dated: April 3, 2006. ´ Jaime Guzman-Fournier, Associate Administrator for Investment. [FR Doc. E6–6488 Filed 4–28–06; 8:45 am] Electronic Comments cchase on PROD1PC60 with NOTICES any proposed rule change, or amendment thereto, prior to the 30th day after the date of publication of notice of the filing thereof, unless the Commission finds good cause for so doing and publishes its reasons for so finding. The Commission hereby finds good cause for approving Amendment Nos. 1 and 2 to the proposal, prior to the 30th day after publishing notice of Amendment Nos. 1 and 2 in the Federal Register. As previously discussed, the revisions made to the proposal in Amendment No. 1 19 will allow shareholders to be informed and aware that the issuer has failed to meet Exchange listing standards and is voluntarily delisting with the consent of the Exchange. The other revisions in Amendment No. 1 are clarifications. In Amendment No. 2, the Exchange made technical changes that clarify the revisions set forth in Amendment No. 1. The Commission believes that granting accelerated approval of Amendment Nos. 1 and 2 will permit the Exchange to implement these new provisions as expeditiously as possible, to the benefit of investors. Further, no comments were received on the original proposal, as published.20 The Commission also believes that accelerating approval of Amendment Nos. 1 and 2 is appropriate because these revisions do not raise new regulatory issues. Accordingly, pursuant to Section 19(b)(2) of the Act,21 the Commission finds good cause to approve Amendment Nos. 1 and 2 prior to the thirtieth day after notice of Amendment Nos. 1 and 2 are published in the Federal Register. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.23 Jill M. Peterson, Assistant Secretary. [FR Doc. E6–6503 Filed 4–28–06; 8:45 am] SMALL BUSINESS ADMINISTRATION • Use the Commission’s Internet comment form (https://www.sec.gov/ rules/sro.shtml); or • Send an e-mail to rulecomments@sec.gov. Please include File No. SR–NSX–2005–09 on the subject line. 19 See Amendment No. 1, supra note 4 and Section III.B herein. 20 See Securities Exchange Act Release No. 53508, supra note 3. 21 15 U.S.C. 78s(b)(2). VerDate Aug<31>2005 17:38 Apr 28, 2006 Jkt 208001 Horizon Ventures Fund II, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest Notice is hereby given that Horizon Ventures Fund II, L.P., 4 Main Street, Suite 50, Los Altos, CA 94022, a Federal Licensee under the Small Business Investment Act of 1958, as amended (‘‘the Act’’), in connection with the financing of a small concern, has sought an exemption under Section 312 of the Act and Section 107.730, Financings which Constitute Conflicts of Interest of the Small Business Administration (‘‘SBA’’) Rules and Regulations (13 CFR 107.730). Horizon Ventures Fund II, L.P. proposes to provide equity/debt security financing to Venturi Wireless, Inc., Sunnyvale Research Plaza, 555 N. Mathilda Avenue, Suite 100, Sunnyvale, California 94085. The financing is contemplated for working capital and general corporate purposes. The financing is brought within the purview of § 107.730(a)(1) of the Regulations because Horizons Ventures Fund I, L.P. and Horizons Ventures Advisors Fund I, L.P., all Associates of Horizon Ventures Fund II, L.P., own more than ten percent of Venturi Wireless, Inc., and therefore Venturi Wireless, Inc. is considered an Associate of Horizon Ventures Fund II as detailed in § 107.50 of the Regulations. Notice is hereby given that any interested person may submit written comments on the transaction to the Associate Administrator for Investment, U.S. Small Business Administration, 409 Third Street, SW., Washington, DC 20416. BILLING CODE 8025–01–P [License No. 09/79–0456] Horizon Ventures Fund II, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest BILLING CODE 8010–01–P 22 15 23 17 PO 00000 U.S.C. 78s(b)(2). CFR 200.30–3(a)(12). Frm 00064 Fmt 4703 Sfmt 4703 Notice is hereby given that Horizon Ventures Fund II, L.P., 4 Main Street, Suite 50, Los Altos, CA 94022, a Federal Licensee under the Small Business Investment Act of 1958, as amended (‘‘the Act’’), in connection with the financing of a small concern, has sought E:\FR\FM\01MYN1.SGM 01MYN1

Agencies

[Federal Register Volume 71, Number 83 (Monday, May 1, 2006)]
[Notices]
[Page 25623]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-6488]


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SMALL BUSINESS ADMINISTRATION

[License No. 09/79-0456]


Horizon Ventures Fund II, L.P.; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Horizon Ventures Fund II, L.P., 4 Main 
Street, Suite 50, Los Altos, CA 94022, a Federal Licensee under the 
Small Business Investment Act of 1958, as amended (``the Act''), in 
connection with the financing of a small concern, has sought an 
exemption under Section 312 of the Act and Section 107.730, Financings 
which Constitute Conflicts of Interest of the Small Business 
Administration (``SBA'') Rules and Regulations (13 CFR 107.730). 
Horizon Ventures Fund II, L.P. proposes to provide equity/debt security 
financing to Venturi Wireless, Inc., Sunnyvale Research Plaza, 555 N. 
Mathilda Avenue, Suite 100, Sunnyvale, California 94085. The financing 
is contemplated for working capital and general corporate purposes.
    The financing is brought within the purview of Sec.  107.730(a)(1) 
of the Regulations because Horizons Ventures Fund I, L.P. and Horizons 
Ventures Advisors Fund I, L.P., all Associates of Horizon Ventures Fund 
II, L.P., own more than ten percent of Venturi Wireless, Inc., and 
therefore Venturi Wireless, Inc. is considered an Associate of Horizon 
Ventures Fund II as detailed in Sec.  107.50 of the Regulations.
    Notice is hereby given that any interested person may submit 
written comments on the transaction to the Associate Administrator for 
Investment, U.S. Small Business Administration, 409 Third Street, SW., 
Washington, DC 20416.

    Dated: April 3, 2006.
Jaime Guzm[aacute]n-Fournier,
Associate Administrator for Investment.
 [FR Doc. E6-6488 Filed 4-28-06; 8:45 am]
BILLING CODE 8025-01-P
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