thcb microvast merger date
the merger extension would be bearish i think bc short term holders will get out . On Feb. 2, Microvast announced it had signed a definitive merger agreement with Tuscan Holdings Corp. (Nasdaq: THCB) that will result in Microvast becoming a publicly-listed company. Microvast is an EV battery manufacturer with American and Chinese connections. Tuscan Holdings Is Worth Significantly More In its Merger with Microvast THCB Stock: Why Workhorse’s Stumble Helps the Microvast SPAC Merger What Will … Rare to have love from both the Chinese and US gov't. Here's what you need to know. Report Save. Microvast focuses on making batteries for electric vehicles. Upon the closing of the transaction, the combined company will be named Microvast Holdings, Inc. and is expected to be listed on the Nasdaq Stock … Shares float: 0.98M. With more information coming out about its pending merger with Microvast, THCB stock is shaping up to be a great long-term opportunity. Microvast has positioned itself to meet that demand. THCB Stock and Microvast’s Oshkosh Deal. 2 months ago. THCB stock certainly has … level 2. According to Microvast, its batteries are now integrated in almost 30,000 vehicles, across 19 countries, for more than 3.8 billion miles traveled on its batteries to date. share. This time, electric vehicle battery firm Microvast is looking to come public.And as rumor has it, Tuscan Holdings (NASDAQ:THCB) is the lucky SPAC. That was true in February, when investors were paying $24 per share for THCB stock. It's a global batter producer with some awesome ties and great government contracts both in China and US. THCB Stock: Why Workhorse’s Stumble Helps the Microvast SPAC Merger Feb. 24, 2021 at 10:32 a.m. Battery maker Microvast is planning to go public through a SPAC deal with Tuscan Holdings (THCB). But why is THCB stock rallying nearly 20% on Wednesday? Time Remaining: 2 months . Hold THCB ---> Merger extension vote passes ---> Sell on price spike ---> Wait/Evaluate while price bleeds through December ---> Reevaluate in January. Microvast/THCB: Top 10 … But likely sometime during Q1. Once the intent to merge with Microvast was made, the bulls pushed the share price up quickly. Market cap: 714.29M. IPOE Sofi is one of the best SPACs in the market right now, and what a reversal on friday! Log In Sign Up. 110. Electric-vehicle battery Microvast has agreed to merge with a SPAC called Tuscan Holdings (NASDAQ: THCB).Given Microvast’s vulnerability to disruption and Tuscan’s high valuation, I … This means the Microvast SPAC merger is already incredibly interesting, especially as investors have focused heavily on electric car stocks in 2020. The electric vehicle battery specialist confirms its rumored merger. The blank-check company, led by Stephen Vogel, raised approximately $276 million in a March 2019 IPO. SoFi Money ($50 Bonus): NEW YORK, Nov. 13, 2020 /PRNewswire/ -- Tuscan Holdings Corp. (Nasdaq: THCB) ("Tuscan") today confirmed that it has signed a letter of intent ("LOI") related to a … The first part of this answer could simply be that investors are excited about the Microvast SPAC merger. share. On February 1, 2020, Microvast and Tuscan announced that they entered into a definitive merger agreement that will result in Microvast becoming a publicly listed company. CNBC Television - 1 month ago. Shares outstanding: nan. ET on InvestorPlace.com What Will the Stock Market Do Today? What You Need to Know About Microvast, the Latest EV SPAC. Today I’m bringing you the latest updates, rumors and analyzing the price action. They're already building batteries for cars, with some that have 15 minute charge times. Reply. "The market opportunities for Microvast are significant, with a focus on commercial vehicles such as light, medium and heavy-duty trucks, vans, buses, trains, automated guided vehicles, port equipment and mining trucks. Nov 13 (Reuters) - Electric-vehicle battery maker Microvast has agreed to go public through a merger with Tuscan Holdings Corp THCB.O, the blank-check company said on Friday. Like many others, I have trepidation around SPAC deals. Continue this thread level 2. By the end of 2020, the stock had already reached $17, though it … To start, Microvast focuses on making batteries for electric vehicles. Once news breaks this is true the share price will respond accordingly probably going on a run. So where do THCB stock and the Microvast SPAC merger come into the story? The Motley Fool - 1 month ago. THCB - Microvast, Inc., a leading global provider of next-generation battery technologies for commercial and specialty vehicles, announced that they have entered into a definitive merger agreement. Tuscan Holdings found a partner in EV battery maker Microvast, sending the SPAC's shares surging. Report Save. S-1 date: 2019-02-13 00:00:00. 24. Is it a good buy right now? Latest News: Does Workhorse Group’s Hail Mary Have a Shot? Merger date hasn't been announced yet. Press question mark to learn the rest of the keyboard shortcuts. It went from a big loss to a gain for the day. The upcoming Microvast SPAC merger will bring another electric vehicle company to the public markets. 8. Last month, I posted a three days before their Definitive Agreement to merge with Microvast sent the … Press J to jump to the feed. It’s true in March, too. On Feb. 2, Microvast announced it signed a definitive merger agreement with Tuscan Holdings Corp. (Nasdaq: THCB) that will result in Microvast becoming a publicly listed company. 1 month ago. You were right! Reply. Multiple partnerships with OEMs. 4 Big Stories to Watch. According to Microvast, its batteries are now integrated in almost 30,000 vehicles, across 19 countries, for more than 3.8 billion miles traveled on its batteries to date. this is the way. THCB is set to merge (DA done) with Microvast technologies. Tuscan Holdings (NASDAQ:THCB), a special purpose acquisition company (SPAC) with an agreed merger with Microvast, a battery storage company, looks undervalued here. Microvast… The rumour is THCB are merging with Microvast giving and opportunity to buy the SPAC close to $10. Expected Close: Institutional Ownership: 75.69%. Microvast and Tuscan Holdings Corp. (Nasdaq: THCB), a publicly-traded special purpose acquisition company, announced that they have entered into a definitive merger agreement that will result in Microvast becoming a publicly listed company. … User account menu.