PNO

New HSR thresholds and filing fees for 2024

Retrieved on: 
Thursday, February 8, 2024

New HSR thresholds and filing fees for 2024The 2023 Consolidated Appropriations Act created new filing fee tiers with new filing fees and the thresholds for these filing fees, as well as the fee amounts, are also adjusted annually along with the jurisdictional thresholds.

Key Points: 

New HSR thresholds and filing fees for 2024

  • The 2023 Consolidated Appropriations Act created new filing fee tiers with new filing fees and the thresholds for these filing fees, as well as the fee amounts, are also adjusted annually along with the jurisdictional thresholds.
  • The Commission recently announced the updated jurisdictional thresholds and the updated fee schedule, both of which will become effective on March 6, 2024.

Rule 1: The correct threshold for determining reportability is the one in effect at the time of closing.

  • This is often referred to as the “$50 million (as adjusted)” threshold because it started at $50 million and is now adjusted annually.
  • For 2024, that threshold will be $119.5 million.
  • Here are the new jurisdictional thresholds, effective on March 6, 2024: ORIGINAL THRESHOLD ADJUSTED THRESHOLD $10 million $23.9 million $50 million $119.5 million $100 million $239 million $110 million $262.9 million $200 million $478 million $500 million $1.195 billion $1 billion $2.390 billion

Rule 2: The filing fee is determined by the value of the transaction at the time of filing.

  • If you determine that a transaction is reportable, the filing fee should be based on the filing fee threshold that is in effect at the time of filing.
  • Here are the new filing fee thresholds, as well as the adjusted fee amounts, revised in accordance with the 2023 Consolidated Appropriations Act and effective on March 6, 2024: FILING FEE SIZE OF TRANSACTION $30,000 less than $173.3 million $105,000 not less than $173.3 million but less than $536.5 million $260,000 not less than $536.5 million but less than $1.073 billion $415,000 not less than $1.073 billion but less than $2.146 billion $830,000 not less than $2.146 billion but less than $5.365 billion $2,335,000 $5.365 billion or more

Rule 3: Notification thresholds for subsequent purchases adjust yearly, too.

Major Upgrades to the ISA100 Wireless(TM) Product Capabilities

Retrieved on: 
Thursday, August 17, 2023

ISA100 Wireless now supports Bluetooth Low Energy and OPC-UA

Key Points: 
  • As a complementary technology, BLE will enable provisioning and commissioning of ISA100 Wireless field devices by Bluetooth-enabled handhelds, especially by ubiquitous mobile phones.
  • These new capabilities bring ISA100 Wireless technology to current state-of-art and improve user's experience when new devices are configured and deployed.
  • Together, these ISA100 Wireless enhancements will improve interoperability and the overall user experience in the ISA100 Wireless community.
  • WCI members will describe these new ISA100 Wireless capabilities during a webinar scheduled for 30 August 2023.

NNOXX Launches First Wearable Device for Monitoring Active Nitric Oxide Levels

Retrieved on: 
Thursday, June 15, 2023

SEATTLE, June 15, 2023 (GLOBE NEWSWIRE) -- NNOXX Inc. , an innovator in health and fitness technology, today announced the launch of NNOXX One, the first wearable and non-invasive device to monitor active nitric oxide levels.

Key Points: 
  • SEATTLE, June 15, 2023 (GLOBE NEWSWIRE) -- NNOXX Inc. , an innovator in health and fitness technology, today announced the launch of NNOXX One, the first wearable and non-invasive device to monitor active nitric oxide levels.
  • Through unique and patent pending biosensors, the NNOXX One device can quickly determine someone’s Personal Nitric Oxide (PNO™) level when it is placed on any exercising muscle group, like their leg or arm.
  • The NNOXX One is available now for preorder at $399 (limited time sale price) and includes a 12-month subscription.
  • A NNOXX One Elite and NNOXX One Team platform are also available for those athletes, trainers and organizations interested in additional data and features to advance athlete and team performance.

How to avoid common HSR filing mistakes with Item 4(c) and 4(d) documents

Retrieved on: 
Wednesday, May 10, 2023

How to avoid common HSR filing mistakes with Item 4(c) and 4(d) documents In the worst case, mistakes can lead us to “bounce” a filing for deficiencies, and the initial HSR waiting period will not restart until they are fixed.

Key Points: 

How to avoid common HSR filing mistakes with Item 4(c) and 4(d) documents

    •  In the worst case, mistakes can lead us to “bounce” a filing for deficiencies, and the initial HSR waiting period will not restart until they are fixed.
    • To help you avoid the most common filing mistakes (and avoid having a filing bounced), we have put together some basic tips.
    • This post will highlight mistakes related to Items 4(c) and 4(d) of the HSR Form.
    • The most common mistakes the PNO sees in Items 4(c) and 4(d) relate to document logs and privilege logs.
    • Item 4(d) Item 4(d) of the Form requires filers to submit certain documents prepared by or for officers or directors that relate to the acquisition, including confidential information memoranda, documents prepared by third party advisors, and documents evaluating or analyzing synergies.
    • For the majority of transactions, 4(d) documents are prepared by third parties; in such cases, provide the date of preparation and the name of the third party on the 4(d) document log.
    • The Item 4(c) and 4(d) tipsheets provide additional guidance on these items.
    • Privilege Logs When documents are redacted or withheld in response to Items 4(c) or 4(d), the filing person must submit a statement of reasons for non-compliance pursuant to 16 CFR 803.3(d).  This typically takes the form of a privilege log.
    •     Here are some additional tips for completing the privilege log:

How to avoid common HSR filing mistakes on affidavits and notice letters

Retrieved on: 
Saturday, December 17, 2022

In the worst case, mistakes can lead us to bounce a filing for deficiencies, and the initial HSR waiting period will not restart until they are fixed.

Key Points: 
  • In the worst case, mistakes can lead us to bounce a filing for deficiencies, and the initial HSR waiting period will not restart until they are fixed.
  • To help you avoid the most common filing mistakes (and avoid having a filing bounced), we have put together some basic tips to be discussed here and in future blog posts.
  • - As outlined in Part 803.5(a) of the HSR Rules, the notice letter to the target must provide specific information about the transaction.
  • Use the PNO checklist to avoid these and other common mistakes.