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