Microvast Holdings, Inc.

Microvast Holdings, Inc. (Nasdaq: MVST) reached the public markets through a business combination with Tuscan Holdings Corp., a blank-check company that completed its initial public offering in March 2019 under sponsor Tuscan Holdings Corp. The SPAC targeted the clean-energy and industrial-technology sectors, ultimately merging with Microvast, a Huzhou, China-based developer of fast-charging lithium-ion battery systems for electric commercial vehicles and stationary energy storage. The de-SPAC transaction closed in July 2021, at which point Tuscan Holdings converted into Microvast Holdings, Inc. and shares began trading on Nasdaq under the MVST ticker. The company has since pursued contracts across North America, Europe, and Asia for bus, truck, and specialty-vehicle electrification applications. For complete filing history, deal terms, and sponsor disclosures on MVST and thousands of other SPAC transactions, create a free account at SpacDesk.