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Federal Register / Vol. 71, No.

83 / Monday, May 1, 2006 / Notices 25623

any proposed rule change, or Paper Comments SMALL BUSINESS ADMINISTRATION


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

19 See Amendment No. 1, supra note 4 and


Suite 50, Los Altos, CA 94022, a Federal
Section III.B herein.
Licensee under the Small Business
20 See Securities Exchange Act Release No. 53508, Investment Act of 1958, as amended
supra note 3. 22 15 U.S.C. 78s(b)(2). (‘‘the Act’’), in connection with the
21 15 U.S.C. 78s(b)(2). 23 17 CFR 200.30–3(a)(12). financing of a small concern, has sought

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