RE:RE:Anyone notice GPH.VGorilladome47,
Initially I applauded the tie-up with Graphex Group Holdings Ltd and it's 100% controlled subsidiary, Graphex Technologies LLC.
Then came along the U.S. "IRA" and all that it entailed and the tie-up with the China based Graphex Group Holdings Ltd and it's 100% controlled subsidiary, Graphex Technologies LLC simply seemed to have been a no go, i.e. until only recently.
The recent clarification as to what a foreign controlled corporate entity of concern would now be defined as, i.e. the 25% threshold applied to the equity control of any critical elements mining projects developing companies or any scrutinized battery materials developer/ manufacturer companies and/or any battery cells technologies developer and/or battery cells manufacturer corporations operating within the U.S. and seeking eligibility for grants, loans, subsidies or any other U.S. Federal Government funded programs and various assitance made possible due to the existence of the U.S. "IRA", has now gone a long way toward providing the requisite clarity needed for long interested U.S. based companies.
In the case of Graphex Group Holdings Ltd and it's presently 100% controlled subsidiary, Graphex Technologies LLC, the proposed and said to be coming 100% sale of the equity ownership of Graphex Technologies LLC to a certain NASDAQ-listed "blank check" company or SPAC (presumably wholly inclusive of what were the many Graphex Technologies LLC "perpetually licensed" intellectual properties, machinery and proprietary graphite processing and CSPG "BAM" process manufacturing technologies), would serve in the avoiding of Graphex Technologies LLC being scrutinized or being in any way considered by the U.S. Government authorities as a foreign corporate entity of concern.
To be clear, the many Graphex Technologies LLC perpetually licensed intellectual properties, machinery and proprietary graphite processing and CSPG "BAM" process manufacturing technologies must first be wholly sold and necessarily transferred into the then U.S. based equities issuer, as part in parcel of the proposed 100% purchase of Graphex Technologies LLC by the NASDAQ-listed "blank check company or SPAC.
When this is approved of by the relevant U.S. Government authorities and is assured, I suspect Graphex Technologies LLC (or whatever corporate name the resulting post merger/RTO/IPO issuer is to be named, perhaps NeoGraf Solutions Inc?) would also become one of the go to CSPG "BAM" process manufacturing and NASDAQ listed equities issuing corporations for a certain long time U.S operating battery cells manufacturer and it's automotive manufacturer partner (s).