Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / chips-act-cfius-implications-memo.docx
chips-act-cfius-implications-memo.docx
Parties
HARKNESS LLP
Marlowe Asset Management Photonics Inc
Semiconductor Inc
Halcyon US Holdings Inc
Pacific Basin Credit Corp
Halcyon US Inc
Creating Helpful Inc
Development Inc
Dates
June 28, 2023
June 20, 2023
June 15, 2023
June 1, 2023
February 14, 2009
June 5, 2023
June 10, 2023
August 9, 2022
December 31, 2022
January 1, 2027
Amounts
$81.4
€14.8
€6.12
$1.42
$85
$900
$520
$287.4
$61.2
$193
Obligations
Applications for manufacturing incentives must relate to facilities located in the United States
Applicants must demonstrate that the funded activity will "meaningfully contribute" to the economic and national security of the United States
An acquisition that receives CFIUS clearance — even with a fully executed NSA — must still independently satisfy the CHIPS Act's eligibility criteria and guardrail provisions
Clawback and Enforcement Risks The CHIPS Act's clawback provisions represent a significant financial risk that must be carefully managed
HSAG must commit to refraining from material expansion of the Shanghai facility during the applicable period