Microvast Holdings, Inc.

Tuscan Holdings Corp. (Nasdaq: THCB), a blank-check company sponsored by Tuscan Holdings Acquisition II LLC and focused on the clean energy and electric vehicle technology sector, filed an 8-K on February 5, 2021 disclosing a definitive business combination agreement with Microvast Holdings, Inc., a developer of lithium-ion battery solutions for commercial electric vehicles. The SPAC completed its IPO in 2019 and, following shareholder approval, closed the transaction with Microvast in July 2021, with the combined company continuing to trade under updated terms on Nasdaq. Microvast operates primarily in the EV battery and energy storage industry. Visit SpacDesk and sign up for full data, filings history, and analytics on THCB and thousands of other SPAC transactions.