Gain full operational control of the East Fishkill fab
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 22 Apr 2019
- Due
- 31 Dec 2022
- Delivered
- 31 Dec 2022
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“$330 million will be paid at the end of 2022, after which ON Semiconductor will gain full operational control of the fab”
What we found
Evidence strength A What the grades mean
The company completed the acquisition of the East Fishkill fabrication facility on December 31, 2022, fulfilling the commitment to gain full operational control by the end of 2022.
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A ON Semiconductor 10-K filed 2023-02-06
“On December 31, 2022, we completed the acquisition of the East Fishkill, New York site and fabrication ("EFK") facility” ✓ confirmed on the page
Market reaction: the shares moved +3.8% against the S&P 500 over the three sessions around the disclosure (3 Feb 2023 to 8 Feb 2023). What this measures
Checked 7 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Transaction other
- Indicative materiality
- Medium rules
- Action
- Gain
- Deliverable
- full operational control of the East Fishkill fab
- Where
- New York
- Language
- Firm (“will”, “on track to”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: regulatory approval; customary closing conditions
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2019-ON-005112 · Corrections policy