Regarding the Acquisition of Certain Assets of Emcore Corporation by Hiefo Corporation

The order directs HieFo Corporation to divest all interests and rights in the digital chips and related wafer design, fabrication, and processing businesses of Emcore Corporation, citing potential national security threats. The divestment must be completed and verified within 180 calendar days, unless extended by the Committee on Foreign Investment in the United States (CFIUS). During this period, HieFo is prohibited from granting access to the Emcore assets or any non-public technical information to non-HieFo personnel, unless approved by CFIUS.