Federal Register / Vol. 83, No. 248 / Friday, December 28, 2018 / Notices 67455 

13 17 CFR 200.30–3(a)(12). 

1 15 U.S.C.78s(b)(1). 

2 15 U.S.C. 78a. 

3 17 CFR 240.19b–4. 

4The Exchange initially filed rule changes 

relating to its co-location services with the 

Commission in 2010. See Securities Exchange Act 

Release No. 62960 (September 21, 2010), 75 FR 

59310 (September 27, 2010) (SR–NYSE–2010–56). 

The Exchange operates a data center in Mahwah, 

New Jersey (the ‘‘data center’’) from which it 

provides co-location services to Users. 

5See Securities Exchange Act Release No. 77072 

(February 5, 2016), 81 FR 7394 (February. 11, 2016) 

(SR–NYSE–2015–53). 

6For purposes of the Exchange’s co-location 

services, a ‘‘User’’ means any market participant 

that requests to receive co-location services directly 

from the Exchange. See Securities Exchange Act 

Release No. 76008 (September 29, 2015), 80 FR 

60190 (October 5, 2015) (SR–NYSE–2015–40). As 

specified in the Price List, a User that incurs colocation fees for a particular co-location service 

pursuant thereto would not be subject to co-location 

fees for the same co-location service charged by the 

Exchange’s affiliates NYSE American LLC (‘‘NYSE 

American’’), NYSE National, Inc. (‘‘National’’), and 

NYSE Arca, Inc. (‘‘NYSE Arca’’ and, together with 

NYSE American and NYSE National, the ‘‘Affiliate 

SROs’’). See Securities Exchange Act Release No. 

70206 (August 15, 2013), 78 FR 51765 (August 21, 

2013) (SR–NYSE–2013–59). 

7See Securities Exchange Act Release No. 79715 

(December 30, 2016), 82 FR 1777 (January. 6, 2017) 

(SR–NYSE–2016–91). 

8The Exchange previously extended the MRC 

reduction for one year. See Securities Exchange Act 

Release No. 82223 (December 6, 2017), 82 FR 58459 

(December 12, 2017) (SR–NYSE–2017–62). See also 

Securities Exchange Act Release Nos. 82224 

(December 6, 2017), 82 FR 58465 (December 12, 

2017) (SR–NYSEAmer–2017–35), and 82226 

(December 6, 2017), 82 FR 58462 (December 12, 

2017) (SR–NYSEArca–2017–134). 

Commission, 100 F Street NE, 

Washington, DC 20549–1090. 

All submissions should refer to File 

Number SR–PEARL–2018–25. This file 

number should be included on the 

subject line if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

internet website (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for website viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE, 

Washington, DC 20549, on official 

business days between the hours of 

10:00 a.m. and 3:00 p.m. Copies of the 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change. 

Persons submitting comments are 

cautioned that we do not redact or edit 

personal identifying information from 

comment submissions. You should 

submit only information that you wish 

to make available publicly. All 

submissions should refer to File 

Number SR–PEARL–2018–25 and 

should be submitted on or before 

January 18, 2019. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.13

Brent J. Fields, 

Secretary. 

[FR Doc. 2018–28184 Filed 12–27–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–84893; File No. SR–NYSE– 

2018–63] 

Self-Regulatory Organizations; New 

York Stock Exchange LLC; Notice of 

Filing and Immediate Effectiveness of 

Proposed Rule Change To Amend Its 

Price List To Extend for One Year a 

Fee Discount for the Partial Cabinet 

Solution Bundles Offered in 

Connection With the Exchange’s CoLocation Services 

December 20, 2018. 

Pursuant to Section 19(b)(1) 1 of the 

Securities Exchange Act of 1934 (the 

‘‘Act’’) 2 and Rule 19b–4 thereunder,3

notice is hereby given that, on December 

12, 2018, New York Stock Exchange 

LLC (‘‘NYSE’’ or the ‘‘Exchange’’) filed 

with the Securities and Exchange 

Commission (the ‘‘Commission’’) the 

proposed rule change as described in 

Items I, II, and III below, which Items 

have been prepared by the selfregulatory organization. The 

Commission is publishing this notice to 

solicit comments on the proposed rule 

change from interested persons. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to amend its 

Price List to extend for one year a fee 

discount for the Partial Cabinet Solution 

bundles offered in connection with the 

Exchange’s co-location services. The 

proposed rule change is available on the 

Exchange’s website at www.nyse.com, at 

the principal office of the Exchange, and 

at the Commission’s Public Reference 

Room. 

II. Self-Regulatory Organization’s 

Statement of the Purpose of, and 

Statutory Basis for, the Proposed Rule 

Change 

In its filing with the Commission, the 

self-regulatory organization included 

statements concerning the purpose of, 

and basis for, the proposed rule change 

and discussed any comments it received 

on the proposed rule change. The text 

of those statements may be examined at 

the places specified in Item IV below. 

The Exchange has prepared summaries, 

set forth in sections A, B, and C below, 

of the most significant parts of such 

statements. 

A. Self-Regulatory Organization’s 

Statement of the Purpose of, and the 

Statutory Basis for, the Proposed Rule 

Change 

1. Purpose 

The Exchange proposes to amend the 

Exchange’s Fee Schedules to extend a 

fee discount for the Partial Cabinet 

Solution bundles offered in connection 

with the Exchange’s co-location 

services.4 The Exchange offers the four 

Partial Cabinet Solution bundles to 

attract smaller Users, such as those with 

minimal power or cabinet space 

demands, or those for which the 

attendant costs of having a dedicated 

cabinet and related connectivity are too 

burdensome.5

The Exchange offers Users 6 that 

purchase a Partial Cabinet Solution 

bundle on or before December 31, 2018 

a 50% reduction in the monthly 

recurring charges (‘‘MRC’’) for the first 

24 months.7 The Exchange proposes to 

extend the 50% fee reduction to those 

Users that purchase a Partial Cabinet 

Solution bundle on or before December 

31, 2019.8 The Exchange does not 

propose to amend the length of the 

discount period. 

The amended portions of the Fee 

Schedules would read as follows: 


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67456 Federal Register / Vol. 83, No. 248 / Friday, December 28, 2018 / Notices 

9As is currently the case, Users that receive colocation services from the Exchange will not receive 

any means of access to the Exchange’s trading and 

execution systems that is separate from, or superior 

to, that of other Users. In this regard, all orders sent 

to the Exchange enter the Exchange’s trading and 

execution systems through the same order gateway, 

regardless of whether the sender is co-located in the 

data center or not. In addition, co-located Users do 

not receive any market data or data service product 

that is not available to all Users, although Users that 

receive co-location services normally would expect 

reduced latencies in sending orders to, and 

receiving market data from, the Exchange. 

10See SR–NYSE–2013–59, supra note 6 at 51766. 

The Exchange’s affiliates have also submitted 

substantially the same proposed rule change to 

propose the changes described herein. See SR– 

NYSEAmer–2018–55 and SR–NYSEArca–2018–93, 

and SR–NYSENAT–2018–26. 

11 15 U.S.C. 78f(b). 

12 15 U.S.C. 78f(b)(4). 

13 15 U.S.C. 78f(b)(5). 

Type of service Description Amount of charge 

Partial Cabinet Solution bundles ........................

Note: A User and its Affiliates are limited to 

one Partial Cabinet Solution bundle at a time. 

A User and its Affiliates must have an Aggregate Cabinet Footprint of 2 kW or less to 

qualify for a Partial Cabinet Solution bundle. 

See Note 2 under ‘‘General Notes.’’ 

Option A:1 kW partial cabinet, 1 LCN connection (1 Gb), 1 IP network connection (1 Gb), 

2 fiber cross connections and either the 

Network Time Protocol Feed or Precision 

Timing Protocol.

$7,500 initial charge per bundle plus monthly 

charge per bundle as follows: 

• For Users that order on or before December 31, 2019: $3,000 monthly for 

first 24 months of service, and $6,000 

monthly thereafter. 

• For Users that order after December 

31, 2019: $6,000 monthly. 

Option B: 2 kW partial cabinet, 1 LCN connection (1 Gb), 1 IP network connection (1 

Gb), 2 fiber cross connections and either 

the Network Time Protocol Feed or Precision Timing Protocol.

$7,500 initial charge per bundle plus monthly 

charge per bundle as follows: 

• For Users that order on or before December 31, 2019: $3,500 monthly for 

first 24 months of service, and $7,000 

monthly thereafter. 

• For Users that order after December 

31, 2019: $7,000 monthly. 

Option C: 1 kW partial cabinet, 1 LCN connection (10 Gb), 1 IP network connection 

(10 Gb), 2 fiber cross connections and either the Network Time Protocol Feed or 

Precision Timing Protocol.

$10,000 initial charge per bundle plus monthly 

charge per bundle as follows: 

• For Users that order on or before December 31, 2019: $7,000 monthly for 

first 24 months of service, and $14,000 

monthly thereafter. 

• For Users that order after December 

31, 2019: $14,000 monthly. 

Option D: 2 kW partial cabinet, 1 LCN connection (10 Gb), 1 IP network connection 

(10 Gb), 2 fiber cross connections and either the Network Time Protocol Feed or 

Precision Timing Protocol.

$10,000 initial charge per bundle plus monthly 

charge per bundle as follows: 

• For Users that order on or before December 31, 2019: $7,500 monthly for 

first 24 months of service, and $15,000 

monthly thereafter. 

• For Users that order after December 

31, 2019: $15,000 monthly. 

As is the case with all Exchange colocation arrangements, (i) neither a User 

nor any of the User’s customers would 

be permitted to submit orders directly to 

the Exchange unless such User or 

customer is a member organization, a 

Sponsored Participant or an agent 

thereof (e.g., a service bureau providing 

order entry services); (ii) use of the colocation services proposed herein would 

be completely voluntary and available 

to all Users on a non-discriminatory 

basis; 9 and (iii) a User would only incur 

one charge for the particular co-location 

service described herein, regardless of 

whether the User connects only to the 

Exchange or to the Exchange and one or 

both of its affiliates.10

2. Statutory Basis 

The Exchange believes that the 

proposal is consistent with Section 6(b) 

of the Act,11 in general, and furthers the 

objectives of Sections 6(b)(4) 12 and 

6(b)(5) 13 of the Act, in particular. The 

proposal is consistent with Section 

6(b)(4) of the Act because it provides for 

the equitable allocation of reasonable 

dues, fees, and other charges among its 

members, issuers and other persons 

using its facilities and does not unfairly 

discriminate between customers, 

issuers, brokers or dealers. The Proposal 

is also consistent with Section 6(b)(5) of 

the Act because it is designed to 

promote just and equitable principles of 

trade, remove impediments to, and 

perfect the mechanisms of, a free and 

open market and a national market 

system and is not designed to permit 

unfair discrimination between 

customers, issuers, brokers, or dealers. 

The Exchange believes that the 

proposal provides for the equitable 

allocation of reasonable dues, fees, and 

other charges because it would extend 

the existing eligibility for a 50% MRC 

reduction for another year, providing 

smaller Users with minimal power or 

cabinet space demands with additional 

time to purchase a Partial Cabinet 

Solution at a discounted rate. The 

Exchange believes that it is reasonable 

to continue to offer the fee reduction as 

an incentive to Users to utilize the 

service, including both new and past 

Users. As is currently the case, the 

purchase of any colocation service 

(including Partial Cabinet Solution 

bundles) is completely voluntary. All 

Users that order a bundle on or before 

December 31, 2019 would have their 

MRC reduced by 50% for the first 24 

months. 

The proposal would remove 

impediments to, and perfects the 

mechanisms of, a free and open market 

and a national market system because 

extending the 50% MRC reduction 

would continue to make it more cost 

effective for Users to utilize co-location 

by offering a cost effective, convenient 

way to create a colocation environment, 

through the choice of four Partial 

Cabinet Solution bundles with different 

cabinet footprints and network 

connections options. As mentioned 

above, the Exchange expects that such 

Users would include those with 

minimal power or cabinet space 

demands and Users for which the costs 

attendant with having a dedicated 

cabinet or greater network connection 

bandwidth are too burdensome. 


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Federal Register / Vol. 83, No. 248 / Friday, December 28, 2018 / Notices 67457 

14 15 U.S.C. 78f(b)(8). 

15 15 U.S.C. 78s(b)(3)(A). 

16 17 CFR 240.19b-4(f)(2). 

17 15 U.S.C. 78s(b)(2)(B). 

The proposal would not unfairly 

discriminate between customers, 

issuers, brokers or dealers because it 

would apply to all Users equally. The 

Exchange would continue to offer the 

same four different Partial Cabinet 

Solution bundles with different cabinet 

footprints and network connections 

options. Users that require other sizes or 

combinations of cabinets, network 

connections and cross connects could 

still request them. 

For the reasons above, the proposed 

changes do not unfairly discriminate 

between or among market participants 

that are otherwise capable of satisfying 

any applicable co-location fees, 

requirements, terms and conditions 

established from time to time by the 

Exchange. 

Finally, the Exchange believes that it 

is subject to significant competitive 

forces, as described below in the 

Exchange’s statement regarding the 

burden on competition. 

For these reasons, the Exchange 

believes that the proposal is consistent 

with the Act. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The proposed rule changes will not 

impose any burden on competition that 

is not necessary or appropriate in 

furtherance of the purposes of Section 

6(b)(8) of the Act.14 The proposal 

changes will enhance competition by 

continuing to offer cost effective options 

for Users to create a colocation 

environment through four Partial 

Cabinet Solution bundles. Partial 

Cabinet Solution bundles allow Users to 

select their desired cabinet footprint and 

network connections at a reduced MRC 

for the first 24 months. Such Users may 

choose, in turn, to pass on such cost 

savings to their customers. In addition 

to the proposed services being 

completely voluntary, they are available 

to all Users on an equal basis (i.e. the 

same products and services are available 

to all Users, and the extension of the 

50% reduction for the MRC for the 

Partial Cabinet Solution bundles, would 

apply to all Users). 

The Exchange operates in a highly 

competitive market in which exchanges 

offer co-location services as a means to 

facilitate the trading and other market 

activities of those market participants 

who believe that co-location enhances 

the efficiency of their operations. 

Accordingly, fees charged for colocation services are constrained by the 

active competition for the order flow of, 

and other business from, such market 

participants. If a particular exchange 

charges excessive fees for co-location 

services, affected market participants 

will opt to terminate their co-location 

arrangements with that exchange, and 

adopt a possible range of alternative 

strategies, including placing their 

servers in a physically proximate 

location outside the exchange’s data 

center (which could be a competing 

exchange), or pursuing strategies less 

dependent upon the lower exchange-toparticipant latency associated with colocation. Accordingly, the exchange 

charging excessive fees would stand to 

lose not only co-location revenues but 

also the liquidity of the formerly colocated trading firms, which could have 

additional follow-on effects on the 

market share and revenue of the affected 

exchange. In such an environment, the 

Exchange must continually review, and 

consider adjusting, its services and 

related fees and credits to remain 

competitive with other exchanges. 

For the reasons described above, the 

Exchange believes that the proposed 

rule changes reflect this competitive 

environment. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

No written comments were solicited 

or received with respect to the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change is effective 

upon filing pursuant to Section 

19(b)(3)(A) 15 of the Act and 

subparagraph (f)(2) of Rule 19b–4 16

thereunder, because it establishes a due, 

fee, or other charge imposed by the 

Exchange. 

At any time within 60 days of the 

filing of such proposed rule change, the 

Commission summarily may 

temporarily suspend such rule change if 

it appears to the Commission that such 

action is necessary or appropriate in the 

public interest, for the protection of 

investors, or otherwise in furtherance of 

the purposes of the Act. If the 

Commission takes such action, the 

Commission shall institute proceedings 

under Section 19(b)(2)(B) 17 of the Act to 

determine whether the proposed rule 

change should be approved or 

disapproved. 

IV. Solicitation of Comments 

Interested persons are invited to 

submit written data, views, and 

arguments concerning the foregoing, 

including whether the proposed rule 

change is consistent with the Act. 

Comments may be submitted by any of 

the following methods: 

Electronic Comments 

• Use the Commission’s internet 

comment form (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include File Number SR– 

NYSE–2018–63 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549–1090. 

All submissions should refer to File 

Number SR–NYSE–2018–63. This file 

number should be included on the 

subject line if email is used. To help the 

Commission process and review your 

comments more efficiently, please use 

only one method. The Commission will 

post all comments on the Commission’s 

internet website (http://www.sec.gov/ 

rules/sro.shtml). Copies of the 

submission, all subsequent 

amendments, all written statements 

with respect to the proposed rule 

change that are filed with the 

Commission, and all written 

communications relating to the 

proposed rule change between the 

Commission and any person, other than 

those that may be withheld from the 

public in accordance with the 

provisions of 5 U.S.C. 552, will be 

available for website viewing and 

printing in the Commission’s Public 

Reference Room, 100 F Street NE, 

Washington, DC 20549 on official 

business days between the hours of 

10:00 a.m. and 3:00 p.m. Copies of the 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change. 

Persons submitting comments are 

cautioned that we do not redact or edit 

personal identifying information from 

comment submissions. You should 

submit only information that you wish 

to make available publicly. All 

submissions should refer to File 

Number SR–NYSE–2018–63 and should 

be submitted on or before January 18, 

2019. 


amozie on DSK3GDR082PROD with NOTICES1
67458 Federal Register / Vol. 83, No. 248 / Friday, December 28, 2018 / Notices 

18 17 CFR 200.30–3(a)(12). 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.18

Brent J. Fields, 

Secretary. 

[FR Doc. 2018–28190 Filed 12–27–18; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #15843 and #15844; 

Oklahoma Disaster Number OK–00128] 

Administrative Declaration of a 

Disaster for the State of Oklahoma 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice. 

SUMMARY: This is a notice of an 

Administrative declaration of a disaster 

for the State of Oklahoma dated 12/20/ 

2018. 

Incident: Tornadoes, Severe Storms 

and Straight-Line Winds. 

Incident Period: 11/30/2018 through 

12/01/2018. 

DATES: Issued on 12/20/2018. 

Physical Loan Application Deadline 

Date: 02/19/2019. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 09/20/2019. 

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, 

(202) 205–6734. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 

Administrator’s disaster declaration, 

applications for disaster loans may be 

filed at the address listed above or other 

locally announced locations. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Counties: Cherokee. 

Contiguous Counties: Oklahoma; Adair, 

Delaware, Mayes, Muskogee, 

Sequoyah, Wagoner. 

The Interest Rates are: 

Percent 

For Physical Damage: 

Homeowners with Credit 

Available Elsewhere ...... 4.000 

Homeowners without 

Credit Available Elsewhere ............................. 2.000 

Percent 

Businesses with Credit 

Available Elsewhere ...... 7.480 

Businesses without Credit 

Available Elsewhere ...... 3.740 

Non-Profit Organizations 

with Credit Available 

Elsewhere ...................... 2.750 

Non-Profit Organizations 

without Credit Available 

Elsewhere ...................... 2.750 

For Economic Injury: 

Businesses & Small Agricultural Cooperatives 

without Credit Available 

Elsewhere ...................... 3.740 

Non-Profit Organizations 

without Credit Available 

Elsewhere ...................... 2.750 

The number assigned to this disaster 

for physical damage is 15843 C and for 

economic injury is 15844 0. 

The State which received an EIDL 

Declaration # is Oklahoma. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Dated: December 20, 2018. 

Linda E. McMahon, 

Administrator. 

[FR Doc. 2018–28323 Filed 12–27–18; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[License No. 02/02–0685] 

Graycliff Mezzanine III (SBIC), L.P.; 

Notice Seeking Exemption Under the 

Small Business Investment Act, 

Conflicts of Interest 

Notice is hereby given that Graycliff 

Mezzanine III (SBIC), L.P., 500 Fifth 

Avenue, 47th Floor, New York, NY 

10110, 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). Graycliff 

Mezzanine III (SBIC), L.P. is seeking 

SBA’s prior written exemption to 

purchase a loan and equity holding in 

Strategic Delivery Solutions LLC, 1815 

Broadhollow Rd., Farmingdale, NY 

11735 from an Associate. The financing 

is brought within the purview of 

§ 107.730(a) and (d) of the Regulations 

because Graycliff Mezzanine III, LP, an 

Associate of Graycliff Mezzanine III 

(SBIC), L.P., owns more than five 

percent of Strategic Delivery Solutions 

LLC and this transaction is considered 

Providing Financing to a Small Business 

to discharge an obligation to your 

Associate. Graycliff Mezzanine III 

(SBIC), L.P. has not invested in Strategic 

Delivery Solutions LLC to date but is 

seeking SBA’s prior written exemption 

to provide financing to Strategic 

Delivery Solutions LLC. 

Notice is hereby given that any 

interested person may submit written 

comments on this transaction within 

fifteen days of the date of this 

publication to the Associate 

Administrator, Office of Investment and 

Innovation, U.S. Small Business 

Administration, 409 Third Street SW, 

Washington, DC 20416. 

November 28, 2018. 

A. Joseph Shepard, 

Associate Administrator for Office of 

Investment and Innovation. 

[FR Doc. 2018–28312 Filed 12–27–18; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[License No. 04/04–0330] 

Ballast Point Ventures III, L.P.; Notice 

Seeking Exemption Under Section 312 

of the Small Business Investment Act, 

Conflicts of Interest 

Notice is hereby given that Ballast 

Point Ventures III, L.P., 401 East Jackson 

Street, Suite 2300, Tampa, FL 33602, a 

Federal Licensee under the Small 

Business Investment Act of 1958, as 

amended (‘‘the Act’’), in connection 

with the financing in a small concern, 

has sought an exemption under Section 

312 of the Act, Section 107.730, 

Financings which constitute Conflicts of 

Interest of the Small Business 

Administration (‘‘SBA’’) Rules and 

Regulations (13 CFR 107.730). Ballast 

Point Ventures III, L.P. proposes to 

invest $5 million in YPrime Inc., 263 

Great Valley Parkway, Malvern, PA 

19355. 

The financing is brought within the 

purview of § 107.730(a)(1) and 

§ 107.730(a)(4) of the Regulations 

because Ballast Point Ventures II, LP 

and Ballast Point Ventures EF II, LP 

(together ‘‘BPV II’’) and YPrime expect 

to receive $30 million and $5 million, 

respectively, from the proposed $52.5 

million transaction, including $47.5 

million from the lead investor and $5 

million from the Licensee. BPV II and 

YPrime Inc. are Associates to the 

Licensee. Thus, this transaction 

constitutes a Conflict of Interest 

requiring SBA’s prior written 

exemption. 

Notice is hereby given that any 

interested person may submit written 

comments on this transaction within 


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