Notice2025-23302

AE Ventures Fund III LP; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest

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Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
December 18, 2025

Issuing agencies

Small Business Administration

Full Text

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<title>Federal Register, Volume 90 Issue 241 (Thursday, December 18, 2025)</title>
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[Federal Register Volume 90, Number 241 (Thursday, December 18, 2025)]
[Notices]
[Page 59279]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-23302]


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SMALL BUSINESS ADMINISTRATION

[License No. 40002207]


AE Ventures Fund III LP; Notice Seeking Exemption Under Section 
312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that AE Ventures Fund III LP, 6700 Broken 
Sound Parkway NW, Boca Raton, FL, 33487, Federal Licensee under the 
Small Business Investment Act of 1958, as amended (``the Act''), in 
connection with financings of a small business, has sought an exemption 
under Section 312 of the Act and 13 CFR 107.730, Financings which 
Constitute Conflicts of Interest of the Code of Federal Regulations. AE 
Ventures Fund III LP proposes to provide financing to All.Space 
Networks Limited, Unit 2-6. 64 Portman Road Reading, Berkshire RG30 1EA 
United Kingdom to support the company's growth in the United States.
    The financing is brought within the purview of 13 CFR 107.730(a) of 
the regulations because AE Industrial HorizonX Venture Fund I, LP, AE 
Industrial HorizonX Co-Investment Fund I, LP and AE Industrial Partners 
Structured Solutions I, LP (``AE Industrial Partners''), Associates of 
AE Ventures Fund III LP, own more than ten percent of the All.Space 
Networks Limited. AE Ventures Fund III LP and AE Industrial Partners 
are Associates by virtue of Common Control, as those terms are defined 
in 13 CFR 107.50; therefore, this transaction is considered a financing 
which constitutes a conflict of interest.
    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.

Paul Salgado,
Director, Investment Portfolio Management, Office of Investment and 
Innovation.
[FR Doc. 2025-23302 Filed 12-17-25; 8:45 am]
BILLING CODE P


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Indexed from Federal Register on December 18, 2025.

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