Kansas Disaster Number KS-00098, 85666-85667 [2016-28491]

Download as PDF 85666 Federal Register / Vol. 81, No. 228 / Monday, November 28, 2016 / Notices mstockstill on DSK3G9T082PROD with NOTICES requirements.40 The Exchange stated that this 60-day period appropriately recognizes the practical problem that a company may have with demonstrating compliance with the initial listing requirements for the Global or Global Select Market at exactly the time of its Business Combination.41 The Exchange further stated that it believes that it is not unfairly discriminatory to limit this 60-day period to Acquisition Companies transitioning from the Capital Market to the Global or Global Select Market, as the Exchange expects it would be rare for a company already on the Global Market to need additional time to demonstrate compliance with initial listing requirements.42 The Commission also notes that the treatment of an Acquisition Company completing a Business Combination on the Capital Market as an Eligible New Listing under IM–5900–7 for purposes of listing on the Global and Global Select Markets, as long as it completes the Business Combination and lists no later than 60 days from that date, is consistent with the other changes noted above concerning when complimentary services are received by an Acquisition Company listed on the Global and Global Select Markets. In addition, the Exchange stated that beginning the complimentary period for a company in this situation on the date of its listing on the Global or Global Select Market (rather than on the date of the Business Combination as is the case for companies listed on Global Market at the time of the Business Combination) is consistent with the period provided to other Eligible New Listings and Eligible Switches under the current rules, which begins on the date of listing.43 The Exchange also noted that, prior to the point of demonstrating compliance with the listing requirements, there is no certainty as to whether the company will qualify for the Global or Global Select Market and be eligible to receive 40 See Notice, supra note 3, at 69883. As noted above, the Exchange stated that this additional time may be required, in some cases, to allow the issuance of shares in the transaction and then for the newly formed entity to obtain information from third parties to demonstrate compliance with the shareholder and public float requirements. See supra note 15 and accompanying text. 41 See Notice, supra note 3, at 69883. 42 See id. For example, the Exchange explained that an Acquisition Company that is already listed on the Global Market would be required to have 400 round lot holders upon initially listing and would be required to have 400 total holders for continued listing. Id. 43 As described above, while the complimentary period will begin on the date of listing on the Global or Global Select Markets, if the company begins to use a particular service within 30 days after the date of the Business Combination, the period begins for that service on the date of first use. VerDate Sep<11>2014 21:15 Nov 25, 2016 Jkt 241001 the services and, as a result, complimentary services could not be provided prior to that date.44 Furthermore, the Exchange noted that the proposal provides that a company that takes advantage of the 60-day time period to demonstrate compliance cannot further extend the start of the complimentary period by using an additional 30-day period to start using the complimentary services.45 Based on the foregoing, the Commission believes that the Exchange has provided a sufficient basis for treating a company listed on the Capital Market at the time it completes a Business Combination as listing on the Global or Global Select Market in conjunction with a Business Combination if it files an application to list on the Global or Global Select Market before completing the combination and demonstrates compliance with all applicable criteria within 60 days of completing the Business Combination, and for beginning the complimentary period for a company in this situation on the date of its listing on the Global or Global Select Market rather than on the date of the Business Combination, and that these changes do not unfairly discriminate among issuers and are therefore consistent with Section 6(b)(5) of the Act. The Commission also believes that the Exchange is responding to competitive pressures in the market for listings in making this proposal. Specifically, the Exchange has represented that, in many cases, an Acquisition Company will consider transferring to a new listing venue when it completes a Business Combination and that the proposed rule change would allow it to compete to retain these companies by offering them a package of complimentary services that assists their transition to being a traditional public company.46 The Exchange also represented that when the complimentary period ends, a former Acquisition Company that had acquired an operating business will be 44 See Notice, supra note 3, at 69883. id. For example, if a company completes a Business Combination on Day 1, demonstrates compliance with Global or Global Select Market listing standards and becomes listed on that market on Day 45, and begins using a certain complimentary service on Day 90, the complimentary period for that service would begin on Day 45, the day of listing. However, if a company completes a Business Combination on Day 1 and demonstrates compliance with Global or Global Select Market listing standards and becomes listed on one of those markets on Day 15, and begins using a certain complimentary service on Day 30, the complimentary period for that service would begin on Day 30, which is 30 days from the Business Combination or 15 days after listing. 46 See Notice, supra note 3, at 69883. 45 See PO 00000 Frm 00159 Fmt 4703 Sfmt 4703 more likely to continue to use the Nasdaq Corporate Solutions service or a competing service, whereas otherwise they may not be exposed to the value of these services and therefore may not purchase any, which will create additional users of the service class and enhance competition among service providers.47 Further, the Commission notes that it has recently approved similar proposals filed by other exchanges with respect to the timing of complimentary services offered to Acquisition Companies under their rules.48 The Commission also notes that nothing in the Exchange’s rules requires an Acquisition Company to remain listed on the Exchange after it completes a Business Combination and that such company is free to list on other markets. Accordingly, the Commission believes that the proposed rule reflects the current competitive environment for exchange listings among national securities exchanges, and is appropriate and consistent with Section 6(b)(8) of the Act.49 Finally, the Commission finds that it is consistent with Section 6(b)(5) of the Act 50 for the Exchange to make various technical and conforming revisions to facilitate clarity of its Rules. IV. Conclusion It is therefore ordered, pursuant to Section 19(b)(2) of the Act,51 that the proposed rule change (SR–NASDAQ– 2016–106) be, and it hereby is, approved. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.52 Robert W. Errett, Deputy Secretary. [FR Doc. 2016–28461 Filed 11–25–16; 8:45 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration #14929 and #14930] Kansas Disaster Number KS–00098 U.S. Small Business Administration. AGENCY: 47 See id. The Exchange also noted that other service providers can also offer similar services to companies, thereby increasing competition to the benefit of those companies and their shareholders. Id. 48 See Securities Exchange Act Release Nos. 79056 (October 6, 2016), 81 FR 70449 (October 12, 2016) (approving NYSEMKT–2016–62) and 79187 (October 28, 2016), 81 FR 76403 (November 2, 2016) (approving NYSE–2016–58). 49 15 U.S.C. 78f(b)(8). 50 15 U.S.C. 78f(b)(5). 51 15 U.S.C. 78s(b)(2). 52 17 CFR 200.30–3(a)(12). E:\FR\FM\28NON1.SGM 28NON1 Federal Register / Vol. 81, No. 228 / Monday, November 28, 2016 / Notices ACTION: Amendment 1. This is an amendment of the Presidential declaration of a major disaster for Public Assistance Only for the State of Kansas (FEMA—4287—DR), dated 10/20/2016. Incident: Severe Storms and Flooding. Incident Period: 09/02/2016 through 09/12/2016. EFFECTIVE DATE: 11/15/2016. Physical Loan Application Deadline Date: 12/19/2016. Economic Injury (EIDL) Loan Application Deadline Date: 07/20/2017. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: The notice of the President’s major disaster declaration for Private Non-Profit organizations in the State of KANSAS, dated 10/20/2016, is hereby amended to include the following areas as adversely affected by the disaster. Primary Counties: PHILLIPS. All other information in the original declaration remains unchanged. SUMMARY: (Catalog of Federal Domestic Assistance Number 59008) Cynthia G. Pitts, Acting Associate Administrator for Disaster Assistance. [FR Doc. 2016–28491 Filed 11–25–16; 8:45 am] Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of the President’s major disaster declaration on 11/15/2016, Private Non-Profit organizations that provide essential services of governmental nature may file disaster loan applications at the address listed above or other locally announced locations. The following areas have been determined to be adversely affected by the disaster: Primary Cities and Counties: Chesapeake City, Franklin City, Isle of Wight, Norfolk City, Portsmouth City, Southampton, Suffolk City, Virginia Beach City. The Interest Rates are: Percent For Physical Damage: Non-Profit Organizations With Credit Available Elsewhere ... Non-Profit Organizations Without Credit Available Elsewhere ..................................... For Economic Injury: Non-Profit Organizations Without Credit Available Elsewhere ..................................... 2.625 2.625 The number assigned to this disaster for physical damage is 149818 and for economic injury is 149828. SMALL BUSINESS ADMINISTRATION Cynthia G. Pitts, Acting Associate Administrator for Disaster Assistance. [FR Doc. 2016–28515 Filed 11–25–16; 8:45 am] Virginia Disaster #VA–00066 BILLING CODE 8025–01–P U.S. Small Business Administration. ACTION: Notice. SMALL BUSINESS ADMINISTRATION AGENCY: mstockstill on DSK3G9T082PROD with NOTICES [Disaster Declaration #14609] This is a Notice of the Presidential declaration of a major disaster for Public Assistance Only for the Commonwealth of Virginia (FEMA– 4291–DR), dated 11/15/2016. Incident: Hurricane Matthew. Incident Period: 10/07/2016 through 10/15/2016. EFFECTIVE DATE: 11/15/2016. Physical Loan Application Deadline Date: 01/17/ 2017. Economic Injury (EIDL) Loan Application Deadline Date: 08/15/2017. ADDRESSES: Submit completed loan applications to: U.S. Small Business VerDate Sep<11>2014 21:15 Nov 25, 2016 Jkt 241001 California Disaster #CA–00243 Declaration of Economic Injury U.S. Small Business Administration. ACTION: Amendment 2. AGENCY: This is an amendment of the Economic Injury Disaster Loan (EIDL) declaration for the State of California, dated 02/02/2016. Incident: Ocean Conditions Resulting in the Delayed Commercial Dungeness Crab Season and Closure of Commercial Rock Crab Fishery. SUMMARY: PO 00000 Frm 00160 Fmt 4703 Sfmt 4703 (Catalog of Federal Domestic Assistance Number 59008) Dated: November 16, 2016. Maria Contreras-Sweet, Administrator. BILLING CODE 8025–01–P DEPARTMENT OF STATE 2.625 (Catalog of Federal Domestic Assistance Number 59008) SUMMARY: Incident Period: 11/06/2015 and continuing through 11/02/2016. EFFECTIVE DATE: 11/16/2016. EIDL Loan Application Deadline Date: 11/02/2016. ADDRESSES: Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW., Suite 6050, Washington, DC 20416. SUPPLEMENTARY INFORMATION: The notice of an Economic Injury declaration for the State of California, dated 02/02/2016 is hereby amended to establish the incident period for this disaster as beginning 11/06/2015 and continuing through 11/02/2016. All other information in the original declaration remains unchanged. [FR Doc. 2016–28490 Filed 11–25–16; 8:45 am] BILLING CODE 8025–01–P [Disaster Declaration #14981 and #14982] 85667 [Public Notice: 9803] E.O. 13224 Designation of Abdullah Ahmed al-Meshedani, aka Abdullah Ahmed al-Mashhadani, aka Abdullah Ahmad al-Mashhadani, aka Abu Qassim, aka, Abu Kassem, aka Abu alQasem, as a Specially Designated Global Terrorist Acting under the authority of and in accordance with section 1(b) of E.O. 13224 of September 23, 2001, as amended by E.O. 13268 of July 2, 2002, and E.O. 13284 of January 23, 2003, I hereby determine that the individual known as Abdullah Ahmed alMeshedani, aka Abdullah Ahmed alMashhadani, aka Abdullah Ahmad alMashhadani, aka Abu Qassim, aka, Abu Kassem, aka Abu al-Qasem, committed, or poses a significant risk of committing, acts of terrorism that threaten the security of U.S. nationals or the national security, foreign policy, or economy of the United States. Consistent with the determination in section 10 of E.O. 13224 that prior notice to persons determined to be subject to the Order who might have a constitutional presence in the United States would render ineffectual the E:\FR\FM\28NON1.SGM 28NON1

Agencies

SMALL BUSINESS ADMINISTRATION

[Federal Register Volume 81, Number 228 (Monday, November 28, 2016)]
[Notices]
[Pages 85666-85667]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-28491]


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SMALL BUSINESS ADMINISTRATION

[Disaster Declaration #14929 and #14930]


Kansas Disaster Number KS-00098

AGENCY: U.S. Small Business Administration.

[[Page 85667]]


ACTION:  Amendment 1.

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SUMMARY: This is an amendment of the Presidential declaration of a 
major disaster for Public Assistance Only for the State of Kansas 
(FEMA--4287--DR), dated 10/20/2016.
    Incident: Severe Storms and Flooding.
    Incident Period: 09/02/2016 through 09/12/2016.

Effective Date:  11/15/2016.
    Physical Loan Application Deadline Date: 12/19/2016.
    Economic Injury (EIDL) Loan Application Deadline Date: 07/20/2017.

ADDRESSES: Submit completed loan applications to: U.S. Small Business 
Administration, Processing and Disbursement Center, 14925 Kingsport 
Road, Fort Worth, TX 76155.

FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster 
Assistance, U.S. Small Business Administration, 409 3rd Street SW., 
Suite 6050, Washington, DC 20416.

SUPPLEMENTARY INFORMATION: The notice of the President's major disaster 
declaration for Private Non-Profit organizations in the State of 
KANSAS, dated 10/20/2016, is hereby amended to include the following 
areas as adversely affected by the disaster.
    Primary Counties: PHILLIPS.
    All other information in the original declaration remains 
unchanged.

(Catalog of Federal Domestic Assistance Number 59008)


Cynthia G. Pitts,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 2016-28491 Filed 11-25-16; 8:45 am]
 BILLING CODE 8025-01-P

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