The latest CFIUS rules will become effective on Feb. 13, 2020, and they will further expand the set of transactions subject to CFIUS review.  CFIUS' expanded jurisdiction focuses on "TID businesses," meaning businesses involved with:

• Critical Technology
• Critical Infrastructure
• Sensitive Personal Data

Filings for some investments will be mandatory; for other investments filings may be advisable but not mandatory; and for many transactions CFIUS risk allocation language should be included even if filings are not warranted.  In addition, CFIUS has implemented some process changes to make filings easier and faster for many foreign investors.

The new rules may have far-reaching implications for businesses in a wide array of sectors ranging from biotechnology to autonomous navigation to cybersecurity services to consumer-facing apps, and for investors of almost all foreign nationalities that invest in those businesses—including investments made via many U.S. private equity and venture funds.

Join Wilson Sonsini Goodrich & Rosati for two upcoming events to gain insights and have your questions answered on the new CFIUS rules:

• On February 11, the Wilson Sonsini CFIUS team will host the "CFIUS Lounge"—a phone-based office hour—to answer questions clients and others may have about basic aspects of the proposed rules.
• On March 5, the team will provide an in-person briefing in Palo Alto that will be simulcast as a webinar and broadcasted to the national offices.

CFIUS Lounge Audio Conference

Tuesday, February 11, 2020
9:30 a.m. - 10:30 a.m. Pacific

Participant Dial In (USA Toll Free): 1-844-784-1729
Participant Direct Telephone Dial In: 1-412-380-7404

In-Person CFIUS Briefing

Thursday, March 5, 2020

Registration/Breakfast: 8:30 - 9:00 a.m. Pacific
Presentation: 9:00 - 11:00 a.m. Pacific

Wilson Sonsini Goodrich & Rosati
650 Page Mill Road, Courtyard 2B
Palo Alto, CA 94304

If you are located in the vicinity of any of our international offices,
please email Nancy Farestveit to find out how you can access this program.

Program available by videoconference in our offices nationwide:

Austin
Registration/Lunch: 10:30 - 11:00 a.m. Central
Presentation: 11:00 a.m. - 1:00 p.m. Central
900 South Capital of Texas Highway, Las Cimas IV, 5^th Floor
Austin, Texas

Boston
Registration/Lunch: 11:30 a.m. - 12:00 p.m. Eastern
Presentation: 12:00 - 2:00 p.m. Eastern
28 State Street, 37^th Floor
Boston, Massachusetts

Los Angeles
Registration/Breakfast: 8:30 - 9:00 a.m. Pacific
Presentation: 9:00 - 11:00 a.m. Pacific
633 West Fifth Street, 15^th Floor
Los Angeles, CA 90071

New York
Registration/Lunch: 11:30 a.m. - 12:00 p.m. Eastern
Presentation: 12:00 - 2:00 p.m. Eastern
1301 Avenue of the Americas, 40^th Floor
New York, New York

San Diego
Registration/Breakfast: 8:30 - 9:00 a.m. Pacific
Presentation: 9:00 - 11:00 a.m. Pacific
12235 El Camino Real, Suite 200
San Diego, California

San Francisco
Registration/Breakfast: 8:30 - 9:00 a.m. Pacific
Presentation: 9:00 - 11:00 a.m. Pacific
One Market Plaza, Spear Tower, 19^th Floor
San Francisco, California

Seattle
Registration/Breakfast: 8:30 - 9:00 a.m. Pacific
Presentation: 9:00 - 11:00 a.m. Pacific
701 Fifth Avenue, Suite 5100
Seattle, Washington

Washington, D.C.
Registration/Lunch: 11:30 a.m. - 12:00 p.m. Eastern
Presentation: 12:00 - 2:00 p.m. Eastern
1700 K Street, NW, 5^th Floor
Washington, D.C.

Wilmington, DE
Registration/Lunch: 11:30 a.m. - 12:00 p.m. Eastern
Presentation: 12:00 - 2:00 p.m. Eastern
222 Delaware Avenue, Suite 800
Wilmington, Delaware

If you are located in the vicinity of our London or Brussels offices, please contact Nancy Farestveit
who can assist with arrangements to access this program.