SEC Suspension of Trading

UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION

SECURITIES EXCHANGE ACT OF 1934
Release No. 91306 / March 11, 2021

The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934, of trading in the securities of Bayport International Holdings, Inc. ("BAYP" or "the Company") (CIK No. 0001817345), of Fort Lauderdale, Florida at 9:30 a.m. EST on March 12, 2021, and terminating at 11:59 p.m. EDT on March 25, 2021.

The Commission temporarily suspended trading in the securities of BAYP because of questions regarding the adequacy and accuracy of information about the Company in the marketplace, which has been limited to vague statements about lines of business that the Company is engaged in, and unusual and unexplained trading activity affecting the market for its securities. Since late February 2021, BAYP's share price and trading volume have greatly increased in the absence of any publicly available news from the Company since January 2019, and certain social media posts appear to be attempting to influence BAYP's share price.

The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.

Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not it has complied with the rule, it should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, it should refrain from entering quotations relating to BAYP's securities until such time as it has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.

If any broker-dealer or other person has any information which may relate to this matter, contact Michael D. Paley, Assistant Regional Director, New York Regional Office, at (212) 336-0145, or Kristine Zaleskas, Senior Counsel, New York Regional Office, at (212) 336 0189. 

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