E8-12496. Emergence Capital Partners SBIC, L.P.; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest  

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    Notice is hereby given that Emergence Capital Partners SBIC, L.P., 160 Bovet Road, Suite 300, San Mateo, CA 94402, 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). Emergence Capital Partners SBIC, L.P. proposes to provide equity/debt security financing to Lithium Technologies, Inc., 6121 Hollis Street, Suite 4, Emeryville, CA 94608 (“Lithium”). 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 Emergence Capital Partners, L.P. and Emergence Capital Associates, L.P., all Associates of Emergence Capital Partners SBIC, L.P., own more than ten percent of Lithium. Therefore this transaction is considered a Financing of an Associate, requiring an exemption.

    Notice is hereby given that any interested person may submit written comments on the transaction within 15 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.

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    Dated: May 2, 2008.

    A. Joseph Shepard,

    Associate Administrator for Investment.

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    [FR Doc. E8-12496 Filed 6-3-08; 8:45 am]

    BILLING CODE 8025-01-P

Document Information

Published:
06/04/2008
Department:
Small Business Administration
Entry Type:
Notice
Document Number:
E8-12496
Pages:
31907-31907 (1 pages)
Docket Numbers:
License No. 09/79-0454
PDF File:
e8-12496.pdf