Regarding the Acquisition of Jupiter Systems, LLC by Suirui International Co., Limited
1. Purpose
This executive order aims to protect national security by prohibiting the acquisition of Jupiter Systems, LLC by Suirui International Co., Limited due to security concerns.
2. Key Actions And Directives
- Divestment Requirement: The Purchasers must divest all interests and rights in Jupiter Systems, LLC and its assets within 120 days.
- Access Restrictions: The Purchasers are prohibited from accessing Jupiter's non-public source code and technical information until divestment verification.
- Compliance Verification: CFIUS is tasked with verifying compliance and may inspect records and interview personnel.
3. Important Points
- National Security Concerns: The acquisition is prohibited based on credible evidence suggesting it could impair U.S. national security.
- Divestiture Timeline: A strict timeline of 120 days is established for the Purchasers to complete the divestiture.
- CFIUS Authority: CFIUS is empowered not only to enforce compliance but also to impose necessary conditions to safeguard national interests.
- Judicial Review Provisions: The order includes provisions to ensure that if any part is invalidated, the remaining provisions remain unaffected.
- Required Publication: The executive order must be officially published in the Federal Register to become effective.
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