84 FR 26927 - Serra Capital (SBIC) III, L.P.; Notice Seeking Exemption Under the Small Business Investment Act, Conflicts of Interest

Federal Register, Volume 84 Issue 111 (Monday, June 10, 2019)
[Federal Register Volume 84, Number 111 (Monday, June 10, 2019)]
[Notices]
[Pages 26927-26928]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2019-12135]


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SMALL BUSINESS ADMINISTRATION

[License No. 05/05-0335]


Serra Capital (SBIC) III, L.P.; Notice Seeking Exemption Under 
the Small Business Investment Act, Conflicts of Interest

    Notice is here given that Serra Capital (SBIC) III, L.P., 2021 
South First Street, Suite 206, Champaign, IL 61821, a Federal Licensee 
under the Small Business Investment Act of 1958, as amended (``the 
Act''), in connection with the financing of a small concern,

[[Page 26928]]

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). Serra Capital (SBIC) III, L.P. provides convertible debt 
financing to SERIONX, INC. 14301 N 87th Street, Suite 116, Scottsdale, 
Arizona 85260.
    The financing is brought within the purview of Sec.  107.730(a) of 
the Regulations because Serra Capital III, L.P. has previously invested 
$400,000 of convertible debt in SERIONX, INC. As this entity is 
considered an associate of Serra Capital (SBIC) III, L.P., this 
transaction Requires a prior SBA exemption.
    Notice is hereby given that any interested person may submit 
written comments on the transaction, within fifteen days of the date of 
this publication, to the Associate Administrator for Investment, U.S. 
Small Business Administration, 409 Third Street SW, Washington, DC 
20416.

A. Joseph Shepard,
Associate Administrator, Office of Investment and Innovation.
[FR Doc. 2019-12135 Filed 6-7-19; 8:45 am]
BILLING CODE 8025-01-P


Current View
Publication Title Federal Register Volume 84, Issue 111 (June 10, 2019)
CategoryRegulatory Information
CollectionFederal Register
SuDoc Class NumberAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
Agency NameSMALL BUSINESS ADMINISTRATION
Page Number Range26927-26928
Federal Register Citation84 FR 26927 
Docket NumbersLicense No. 05/05-0335
FR Doc Number2019-12135
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