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Microvast Holdings

Closed (deSPAC)

Information Technology · lithium-ion battery systems for electric vehicles and energy · founded 2006

What it is
Microvast is a global leader in providing battery technologies for electric vehicles and energy storage solutions
What it’s doing now
Merging with Tuscan Holdings Corp. (THCB) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

Microvast is a global leader in providing battery technologies for electric vehicles and energy storage solutions. With a legacy of over 17 years, Microvast has consistently delivered cutting-edge battery systems that empower a cleaner and more sustainable future. The company’s innovative approach and dedication to excellence have positioned it as a trusted partner for customers around the world. Microvast was founded in 2006 and is headquartered in Stafford, Texas. For more information, please visit www.microvast.com or follow us on LinkedIn or Twitter (@microvast). Cautionary Statement Regarding

Source: DEFM14A, accession 0001213900-21-035581

What the company says about itself

Web research — not audited
What our web check found

[WEB-INTEL 2026-08-26] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Our Sponsor could earn a potential aggregate profit of $40.2 million, based on the $5.83 trading price" [https://ir.microvast.com/node/7186/html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "In connection with the Merger Agreement, Tuscan entered into subscription agreements with (a) the holders of an aggregate of $57,500,000 outstanding promissory" [https://ir.microvast.com/node/6996/ixbrl-viewer] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On February 1, 2020, Microvast and Tuscan announced that they entered into a definitive merger agreement … in a total of $822.0 million of gross" [https://ir.microvast.com/node/6331/pdf] [WEB-INTEL 2026-08-26] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Our Sponsor could earn a potential aggregate profit of $40.2 million, based on the $5.83 trading price, if the Sponsor sold all of its common stock and, even if ..." [https://ir.microvast.com/node/7186/html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "In connection with the Merger Agreement, Tuscan entered into subscription agreements with (a) the holders of an aggregate of $57,500,000 outstanding promissory ..." [https://ir.microvast.com/node/6996/ixbrl-viewer] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The companies will receive more than $800 million in cash when the deal closes, including a $540 million investment led by Oshkosh Corp., ..." [https://www.autonews.com/suppliers/battery-maker-microvast-agrees-merger-acquisition-firm-tuscan/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On February 1, 2020, Microvast and Tuscan announced that they entered into a definitive merger agreement … in a total of $822.0 million of gross" [https://ir.microvast.com/node/6331/pdf] [WEB-INTEL 2026-08-29] 4 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "In connection with the Merger Agreement, Tuscan entered into subscription agreements with (a) the holders of an aggregate of $57,500,000 outstanding promissory ..." [https://ir.microvast.com/node/6996/ixbrl-viewer] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The companies will receive more than $800 million in cash when the deal closes, including a $540 million investment led by Oshkosh Corp., ..." [https://www.autonews.com/suppliers/battery-maker-microvast-agrees-merger-acquisition-firm-tuscan/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On February 1, 2020, Microvast and Tuscan announced that they entered into a definitive merger agreement … in a total of $822.0 million of gross" [https://ir.microvast.com/node/6331/pdf] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Microvast concluded its business combination with Tuscan Holdings Corp., a publicly listed Special Purpose Acquisition Company (NASDAQ: THCB), on July 23, 2021." [https://ir.microvast.com/ir-resources/faq/]

Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Microvast Holdings is merging with Tuscan Holdings Corp. (THCB) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $483M · unsourced

Structure per SEC accession(s) 0001213900-21-035581. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Microvast Holdings going public?

Microvast Holdings has an approved merger with the SPAC Tuscan Holdings Corp. (THCB). Deal status: Closed (deSPAC).

Does Microvast Holdings have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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