9. Description (Summarize the nature of the application.)
In 2005, Calence, Inc. was issued Section 214 authority by the Commission. Effective Februray 1, 2006, Calence, Inc. changed its name to Calence Holdings, Inc. and entered into a corporate restructuring for which resulted in Calence Holdings, Inc. becoming Calence, LLC, a Delaware limited liability company, as a result of a financing transaction described below. The application is notification of a pro forma assignment from Calence Holding, Inc. to Calence, LLC of the former's Section 214 Authority. |