Space Venture Seeks Waiver for Tangled Investment Ties
Published Date: 12/18/2025
Notice
Summary
AE Ventures Fund III LP wants to invest in All.Space Networks Limited to help it grow in the U.S., but there’s a twist: some related companies already own a big chunk of All.Space, creating a conflict of interest. They’re asking for a special okay to make this deal happen. People have 15 days from December 18, 2025, to share their thoughts before the final decision.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
SBA Exemption Requested to Fund UK Small Business
AE Ventures Fund III LP has asked the Small Business Administration for an exemption under Section 312 and 13 CFR 107.730 so it can provide financing to All.Space Networks Limited (address: Unit 2-6, 64 Portman Road, Reading, Berkshire RG30 1EA, United Kingdom) to support the company's growth in the United States. The filing notes that AE Industrial HorizonX funds (Associates) already own more than ten percent of All.Space; the public may submit written comments within fifteen days of December 18, 2025.
>10% Ownership Triggers Conflict-of-Interest Rule
The notice states that, under 13 CFR 107.730(a), this financing is considered a conflict of interest because AE Industrial HorizonX Venture Fund I, Co-Investment Fund I, and Structured Solutions I (Associates) own more than ten percent of All.Space Networks Limited and are Associates by common control. Because of that determination, the licensee has sought an exemption under Section 312 of the Small Business Investment Act.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-13688 — SBIC License Issuance
The Small Business Administration just announced new licenses for several Small Business Investment Companies (SBICs), letting them invest more money to help small businesses grow. These licenses, effective as of May and June 2026, show how much extra funding each SBIC can leverage, ranging from no leverage to double their capital. If you’re a small business or investor, keep an eye on these fresh players ready to boost the economy!
2026-13570 — Administrative Declaration of a Disaster for the State of New York
New York got hit hard by storms and flooding starting May 20, 2026, especially Queens and nearby counties. The government declared it a disaster, so homeowners, businesses, and nonprofits can now apply for low-interest loans to fix damage or cover lost income. Act fast—physical damage loans close August 31, 2026, and economic injury loans are available until March 30, 2027.
2026-13159 — Interest Rates
The Small Business Administration set the Optional Peg Rate at 4.75% for July through September 2026, which helps decide interest rates on certain SBA loans. This affects small businesses using SBA direct or 504 loans, with lenders capped on how much interest they can charge based on state laws. If you’re borrowing or lending through SBA programs, keep an eye on these rates—they impact your loan costs this quarter!
2026-13157 — Administrative Declaration of a Disaster for the State of Pennsylvania
A big fire at Oak Forest Apartment Complex hit Berks County, Pennsylvania, and nearby areas. The government declared it a disaster on June 24, 2026, so affected homeowners, businesses, and nonprofits can apply for low-interest disaster loans to help rebuild and recover. You’ve got until August 24, 2026, to apply for physical damage loans and until March 24, 2027, for economic injury loans—so don’t wait!
2026-12954 — Harbert Mezzanine Partners II SBIC, L.P.; Surrender of License of Small Business Investment Company
Harbert Mezzanine Partners II SBIC, L.P. has officially given up its license to operate as a Small Business Investment Company. This means they won’t be making new investments under this program anymore. The change is effective immediately, so small businesses looking for funding from them will need to look elsewhere.
2026-12950 — Wasatch Venture Fund II, LLC; Surrender of License of Small Business Investment Company
Wasatch Venture Fund II, LLC has officially given up its license to operate as a Small Business Investment Company. This means they won’t be making new investments under this program anymore. The change is effective immediately, so small businesses looking for funding from them will need to look elsewhere.
Previous / Next Documents
Previous: 2025-23301 — 30-Day Notice of Proposed Information Collection: Comment Request Standards for Success Reporting
HUD wants to keep collecting info on how well housing programs are doing and is asking for your thoughts by January 20, 2026. This affects organizations that report success data to HUD, but no new costs or big changes are planned—just continuing the current process. It’s your chance to help shape how HUD measures success and keeps things running smoothly!
Next: 2025-23303 — Quartz Surface Products From India and Turkey; Determinations
The U.S. International Trade Commission decided to keep special taxes on quartz surface products from India and Turkey. This means American companies making these products stay protected from unfairly cheap imports that could hurt their business. The decision was finalized in December 2025 and signals ongoing support for U.S. industry jobs and sales.