Tusimple reaches settlement agreement with the committee on foreign investment in the united states

San diego , may 29, 2024 /prnewswire/ -- tusimple holdings inc. (otcmkts: tsph) ("tusimple" or the "company"), a global autonomous driving technology company, today announced it has reached a settlement agreement with the committee on foreign investment in the united states ("cfius") relating to events that occurred in 2022. these events include the temporary vacancies in the security director position and on the board's government security committee (reconstituted on january 5, 2023), and whether certain covered intellectual property was transferred contrary to the national security agreement.
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