[Federal Register Volume 78, Number 87 (Monday, May 6, 2013)]
[Notices]
[Page 26407]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-10564]
[[Page 26407]]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-69477; File No. 81-939]
Notice of an Application of W2007 Grace Acquisition I, Inc. Under
Section 12(h) of the Securities Exchange Act of 1934
April 30, 2013.
The Securities and Exchange Commission gives notice that W2007
Grace Acquisition I, Inc. (``W2007 Grace'') has filed an application
under Section 12(h) of the Securities Exchange Act of 1934. W2007 Grace
asks the Commission to issue an order conditionally exempting the
company from the requirement to file reports under Section 15(d) of the
Exchange Act. In its application, W2007 Grace asserts that exemptive
relief would be consistent with the standards articulated in Section
12(h) because: (1) As of January 1, 2013, W2007 Grace had fewer than
300 holders of record of each class of its securities after excluding
shares that the company believes are beneficially owned by a single
beneficial owner through 300 trust entities formed by such owner solely
for the purpose of attempting to cause the termination of the
suspension of the company's reporting obligations under Section 15(d)
of the Exchange Act; (2) there is limited trading activity in, and an
absence of any regular market for, W2007 Grace's securities; (3) the
company is not directly engaged in active operations as it is a real
estate investment firm with a small economic interests in 130 hotels
and no employees; and (4) to impose the reporting burdens of Section
15(d) of the Exchange Act on the company under the current
circumstances would contravene the intent of Section 15(d) and Rule
12g5-1 under the Exchange Act.
For a detailed statement of the information presented, all persons
are referred to W2007 Grace's application, which is available on the
Commission's Internet Web site at http://www.sec.gov/rules/other.shtml
and for Web site viewing and printing in the Commission's Public
Reference Room, Station Place, 100 F Street NE., Washington, DC 20549,
on official business days between the hours of 10 a.m. and 3 p.m.
The Commission also gives notice that any interested person may
submit to the Commission in writing its views on any substantial facts
bearing on the application or the desirability of a hearing thereon.
Any such communication or request may be submitted by any of the
following methods:
Electronic Comments
Use the Commission's Internet comment form (http://www.sec.gov/rules/other.shtml); or
Send an email to [email protected]. Please include
File Number 81-939 on the subject line.
Paper Comments
Send paper comments in triplicate to Elizabeth M. Murphy,
Secretary, Securities and Exchange Commission, Station Place, 100 F
Street NE., Washington, DC 20549-1090.
All submissions should refer to File Number 81-939. 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 Web site (http://www.sec.gov/rules/other.shtml). Copies of the submission, all subsequent amendments, all
written statements with respect to the application filed with the
Commission, and all written communications relating to the application
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 Web site viewing and printing in the
Commission's Public Reference Room, Station Place, 100 F Street NE.,
Washington, DC 20549, on official business days between the hours of 10
a.m. and 3 p.m. All comments received will be posted without change;
the Commission does not edit personal identifying information from
submissions. You should submit only information that you wish to make
available publicly. All submissions should be submitted on or before
June 5, 2013.
Persons who request a hearing or advice as to whether a hearing is
ordered will receive any notices and orders issued in this matter,
including the date of the hearing (if ordered) and any postponements
thereof. At any time after said date, the Commission may issue an order
granting the application upon request or upon the Commission's own
motion.
For the Commission, by the Division of Corporation Finance,
pursuant to delegated authority.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013-10564 Filed 5-3-13; 8:45 am]
BILLING CODE 8011-01-P