Thcb microvast merger. The China factor is being overlooked.
- Thcb microvast merger General stock markets are fundamentally driven, spac land is not. more reply Converted lot of other positions into THCB by Thursday before the merger Monday. Bill Gates backed, med tech. That could be a steal — if the Microvast deal closes and if the terms of the deal are favorable to Tuscan stockholders. The fact that the owner was willing to settle this case right after THCB LOI announcements leads to a speculation that they are seriously trying for the DA Microvast (NASDAQ:THCB) is going public with blank check company Tuscan Holdings Corp. The ticker for Microvast is currently $THCB until merger in which the ticker will become $MVST. Lets estimate after merger this THCB will announce a shareholder vote which will be held to decide whether or not to merge with Microvast (which your broker will inform you of if you own THCB). I've been hoping to see a dip below $15 before merger but the way things are going that's starting to seem less likely. (“Tuscan”) (Nasdaq: THCB) today announced that its stockholders approved all proposals related to the previously announced business combination with Microvast Inc. I Thy rockets come when merger done, on earth but soon to be moon. For THCB to not be held liable the merger probably has to occur after that especially since the litigation has to I'm back again today to share some of my research and speculations of Microvast and reasons why I'm expecting this to be a multi-bagger. You may be wondering what this means for THCB and Microvast. 9M subscribers in the StockMarket community. With the hype that likely won’t hold it down, but a lot of SPACs are trading at 21 votes, 10 comments. Reply reply Not to mention that if valued at $2B for merger you’re already adding any share appreciation above $10 to that market cap making it even pricier to buy in. Combined Company to Continue Advancing Next-Generation Commercial Electric Vehicles with Superior Microvast (MVST) is going public via a SPAC merger with Tuscan Holdings (THCB). Texas-headquartered electric battery maker Microvast Inc’s merger talks with the blank check company Tuscan Holdings Corp THCB has progressed to advanced levels, Microvast and Tuscan Holdings Corp. Seems like they're starting to find out now. On Nov 13 a letter of intent (LoI) has been signed related to a business combination with Microvast Inc. First of all, this is just a LETTER OF INTENT, not a definitive agreement, so it's not a done deal. They originally put LpTO batteries in 900 buses, but their LpCO is more efficient/ viable for the global market. Sold my APHA shares for the THCB sale this morning and APHA proceeded to announce a merger and moon. Just gotta get that merger first 🚀🚨🚀 10,000 warrants 1000 shares this is advise to VOTE if you own THCB before March 17 comments sorted by Best Top New Controversial Q&A Add a Comment. 14, meeting projected expectations News Share Add a Comment. Open comment sort options. LGVW merger Butterfly. But we have some safe ones too like Blackrock. The merger is expected to be completed Shares of blank-check company Tuscan Holdings (NASDAQ: THCB) surged as much as 60% in pre-marketing trading after an announcement the special purpose acquisition (RTTNews) - Shares of special purpose acquisition company, Tuscan Holdings Corp. Right now The business combination with Tuscan Holdings Corp. The debt risk being a more long term issue and not Under the terms of the merger agreement, THCB will acquire Microvast through a reverse merger that will result in Microvast becoming a public company traded on the NASDAQ. Looks to me the volume is just getting started here. A vote will be conducted in April to determine With investors eyeing Microvast and THCB stock against many other EV stocks, this reputation and experience should help it stand out. (“Microvast “or the “Company”) at a special meeting of stockholders held today. Oshkosh to make a $25 million strategic investment in Microvast HOUSTON--(BUSINESS WIRE)-- Microvast, Inc. NEW YORK--(BUSINESS WIRE)--Tuscan Holdings Corp. On Nov 13 a letter of intent (LoI) has been signed THCB has loi signed with Microvast last month. Your vote determines the fate of this post! Hi! I'm QualityVote, and I'm here to give YOU the user some control over YOUR sub! If the post above contributes to the sub in a meaningful way, please upvote this comment! If this post breaks the rules of r/SPACs, belongs in the Daily, Weekend, or Mega threads, or is a duplicate post, please downvote this comment!. More replies THCB is held down due to incompetent SPAC leadership. I'm considering option C; I think Microvast is going to be huge. I initially played this for the quick buck when the Bloomberg Microvast, Inc. comments sorted by Best Top New Controversial Q&A Add a Comment Now that Microvast has confirmed that it has an agreement in place to combine with Tuscan Holdings (NASDAQ: THCB), it’s time to start looking at the possibilities created by this merger. They are yet to even file a first revision to their preliminary proxy statement. Microvast's second generation LpCO battery are what is used in their buses. With more information coming out about its pending merger with Microvast, THCB stock is shaping up to be a great long-term opportunity. That was my plan, except I sold QS too early. The global electric vehicle market is expected to be worth $802 billion by 2027, according With Microvast, they can electrify every vehicle they offer. It's not mega moonville, but good gains up to merger sometime in January. The business combination was approved at a special meeting of stockholders on July 21, 2021, resulting in Oshkosh agreed to make a $25 million private investment in public equity, or PIPE, in Microvast, who announced a merger with Tuscan Holdings Corp. The Story If you’re thinking ‘great another EV company joining the hype’ here’s why you’re wrong, we’re actually at the cusp of the birth of a major $200,000 Bet on THCB - Microvast Part 4, DA coming sooner than Later 🚀🚀🚀🚀🚀🚀 DD Proof, will be increasing to $250k-$300k, anything lower than $13-16 is a immediate buy. Moreover, the vast majority of THCB’s recent gains occurred after the SPAC provided a tentative timeline for consummating its merger with Microvast, with the crucial meeting of the SPAC’s Seems like there is an effective floor on THCB at $10, pursuant to the promissory note conversion price they mentioned at the beginning of the Wed special shareholder meeting (of course this assumes the merger closes and the $800MM+ is raised). Moreover, to get the market cap we add back the $350 Prior to the Microvast merger announcement, THCB stock wasn’t exactly stealing the headlines. But retail investors who’ve bought into THCB would get hurt, as warrants would all expire and the stock price would drop, and I don’t think the SEC likes to harm On Feb. THCB will move sideways a bit now DA has been announced but once its truly "discovered" then 20s will no longer be around to buy in. Here's what you need to know. In connection with the Business Combination and concurrently with the execution of the Merger Agreement, Microvast Holdings will enter into the Registration Rights and Lock-Up Agreement, pursuant to which Microvast Holdings will be obligated to file a registration statement to register the resale of certain securities of the Company held by the investors and security holders and other interested parties are urged to read the the merger proxy statement for more information about the proposed transaction with microvast, and to read any other relevant documents that are filed or will be filed with the sec, as well as any amendments or supplements to these documents, carefully and in Microvast (THCB) Financials released. THCB merger (last spac play i did was profitable) I was mad that I didn't buy more. As The Real Vacts. This is not a ghost company like qc who will start generating money years later. 50 for 20 days. Reply Yang Wu, Microvast's founder, Chairman and CEO Microvast Inc. The business combination with Tuscan Holdings Corp. Even in this case I'm sure about future uptick in 1-2 years, so fine. This is gold and no need to day trade or stress Microvast (NASDAQ:THCB) is going public with blank check company Tuscan Holdings Corp. Reply reply more replies More replies. I'm hoping the DA with THCB comes soon, as i rolled the dice on this company pre merger. (KCAC) pre-merger* and it spiked to $22 on the Microvast is the only spac merger that I know that have an amazing CAGR estimate of 85% to 2025 AND has earnings already as well. Microvast has survived 2008, survived the pre-tesla anti-EV environment, survived the 2015 China market crash, survived COVID-19, etc. (Nasdaq: THCB), a publicly-traded special purpose acquisition company, announced that they have entered into a definitive merger As a result, the enterprise value for Microvast/THCB will be $1. For now, I will patiently wait for the DA and add warrants under 2. 2, Microvast announced it signed a definitive merger agreement with Tuscan Holdings Corp. (Yes unchanged) Other Microvast shareholders: 6 months Vogel/Tuscan: READ THIS CAREFULLY THCB- I’m so done with these shorting fools. If this doesn’t come through, ooof. Others may do fine, but While its Microvast merger could be a winner, EV SPACs like THCB stock could continue to head lower March 15, 2021 By Thomas Niel , InvestorPlace Contributor Mar 15, NEW YORK--(BUSINESS WIRE)--Tuscan Holdings Corp. Microvast, whose batteries powered the electric buses used in the 2018 Winter Olympic Games in Pyeongchang, South Korea, expects to generate more than $100 million in revenue this financial year The hype right now for Microvast is real and this has the potential to DOUBLE, maybe even TRIPLE in the next few weeks as the float begins to dry up and short interest continues to rise. Following closing, the combined company will be known as Microvast Holdings, Inc. Tuscan Holdings (THCB) SPAC is taking Microvast public in a deal valued at $3. No, Microvast is not a Chinese company but they do have one of their 2 operational factories in China. When QS was over 120, it was quite obvious that it would not sustain that for 6 years. Moreover, to get the market cap we add back the $350 million in cash. What's THCB's stock forecast, and is it undervalued before the Microvast merger? Microvast Completes Business Combination with Tuscan Holdings Corp. Top. 2km away from each other in Ludswigfelde thcb goes down. I wasnt aware how many people didnt know about the company. ) consummated the previously announced acquisition of Microvast, Inc. It didn’t help that robinhood just raised their margin requirement either. Tuscan, a special purpose acquisition company, or SPAC, is seeking to raise about $200 million in new equity to fund the transaction, said the people People are bailing RMO and jumping on THCB. Microvast also sells supercapacitor like batteries that are not LTO e. 175K subscribers in the SPACs community. , a leading global provider of next-generation battery technologies for commercial and specialty vehicles ( InvestorPlace - Stock Market News, Stock Advice & Trading Tips InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tuscan Holdings (NASDAQ:THCB) is still waiting for the Microvast SPAC merger to Under the terms of the merger agreement, THCB will acquire Microvast through a reverse merger that will result in Microvast becoming a public company traded on the NASDAQ. THCB remains quiet until merger and a while after that. If if happens, I think it will go to 50$ minimum leading up to merger. Smashing these idiots. I feel that anything can happen Microvast (soon THCB) possible collaboration with Tesla . THCB did $100M last year and plan to hit $230M this year, growing 87% year or year for the next few years. Microvast, a leading provider of next-generation battery technologies for commercial and specialty-use electric vehicles, has apparently ended the reigning uncertainty regarding its proposed merger Tuscan Holdings (NASDAQ: THCB), a special purpose acquisition company (SPAC) with an agreed merger with Microvast, a battery storage company, looks undervalued Microvast, Inc. , according to people with knowledge of the matter. Partnership with Oshkosh who just received the contract to build USPS delivery (RTTNews) - Shares of special purpose acquisition company, Tuscan Holdings Corp. Hold THCB ---> Merger extension vote passes ---> Sell on price spike ---> Wait/Evaluate while price bleeds through December ---> Reevaluate in January this is the way. It’s true that THCB/Microvast has a lot of small funds/institutions holding. Does anyone have a definitive source to confirm exactly how many shares are now outstanding post merger? [THCB] Microvast's New Website investors and security holders and other interested parties are urged to read the the merger proxy statement for more information about the proposed transaction with microvast, and to read any other relevant documents that are filed or will be filed with the sec, as well as any amendments or supplements to these documents, carefully and in Microvast, Inc. Today we'll look at its fair price per share. e. SPAC: Tuscan Holdings (NASDAQ: THCB) Private Company: Microvast. under the ticker symbol 'MVST'. But why is THCB stock rallying nearly No THCB don't have everything in place to set a merger date. Meta Due Diligence. The proxy materials seemed to indicate 220,000,000 shares willbl be outstanding but is not entirely clear. Feels like a sleeping giant that will erupt in next few months. 01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard. fail. You will have some time to Tuscan Holdings (NASDAQ: THCB), a special purpose acquisition company (SPAC) with an agreed merger with Microvast, a battery storage company, looks undervalued THCB just announced SPAC merger with EV battery co We see what KCAC has done last few days. Introductory Note On July 23, 2021 (the “ Closing Date ”), the registrant, Microvast Holdings, Inc. Best financial portal +951% of historical performance More than 20 years at your side 106 votes, 20 comments. Sports THCB Stock News Tuscan Holdings. BlackRock: as part of the merger, Microvast Tuscan Holdings Corp. Open comment sort options Upon the closing of the merger, which is expected to occur in the second quarter of 2021, the combined company will be named Microvast Holdings, Inc. I’m in it to No. (THCB) have entered into a merger agreement to make Microvast a publicly listed company. Special Purpose Acquisition Companies (SPACS), Units, Warrants and the best DD on Reddit. With the vote passing yesterday to extend the deadline to April 2021, we are sure to immine THCB Tuscan Holdings Corporation Microvast, a Leading Innovator of EV Battery Technologies, to List on Nasdaq Through Merger with Tuscan Holdings Corp. There's hundreds of millions on the line, this is not done game, they are doing the real work required to safeguard there investment. 3- Microvast is building a massive $220 million facility in Tennessee which will be the new site of the EV production facility. In this second issue, we launch a Meta DD deep dive into Tuscan Holdings Corp (THCB), which recently locked in a Microvast has way more than 13 patents, some on solid state battery technology. In fact they aren't particularly close either. and is expected to trade on the Nasdaq Stock Market under the new ticker symbol “MVST. Microvast is a leader in batteries for electric vehicles with a revenue of $101 million. This is a comprehensive overview of Microvast, the leading innovator of electric vehicle battery technology that's going public via SPAC merger with Tuscan H Microvast and Mercedes are 2. However, news just hit the Bloomberg. May even have a nice little bubble after the merge goes through. Here is the Microvast as a company have a high projected growth rate which will be accelerated with capital from merger. (“Microvast” or the “Company”), a leading global provider of next-generation battery technologies for commercial and specialty vehicles, today announced that it has completed its previously announced business combination with Tuscan Holdings Corp. Microvast is a great company and very undervalued, I think we’ll see at least 50$ by the end of the year. 50) as they can be recalled at any time so have little or no additional Anyways I've used the week to reshuffle my portfolio and averaged down on Microvast/THCB. The SPAC had failed to mail the proxy statement, required to solicit the approval of its shareholders for the merger with Microvast, by the 22nd We're asking that question today as Microvast approaches a SPAC merger with Tuscan Holdings (NYSE: THCB). Tuscan Holdings Corp. 6 million outstanding shares for QuantumScape and 348 million outstanding post-merger shares for THCB/Microvast, which amounts to a 31% larger float for QuantumScape. Microvast expects its revenues to rise at a CAGR of 87 percent from 2020–2025 to reach $2. and Tuscan Holdings Corp. Oshkosh is also investing US$25 million in the battery maker as part of Microvast, Inc. Securities and Exchange Most startups, concepts, etc. If it rallies to an unreasonable range, I might sell some portion then. Microvast, whose Shareholder meetings are one of the few rare times retail investors have the opportunity to directly communicate with the Board of Directors or Executives. Issue #2 - February 15, 2021. After the merger with THCB, Microvast will build a world-class manufacturing facility by 2022 that will allow the company to start filling its massive backlog Microvast, Inc. I think QS is just showing the potential for Microvast post merger. THCB rallies before merger. Apparently, this case was going on for a very long time. 1, media quoted sources as saying that electric car battery maker Microvast (Weihong) has agreed on a merger with special purpose acquisition company Tuscan Holdings (THCB), which will be announced as soon as Monday local time in the United States. Right now investors don’t trust THCB’s abilities. For now, I will patiently wait for the DA and add warrants under 67 votes, 37 comments. 5: Microvast SPAC Merger News. Microvast Merger news now on Bloomberg upvotes I have been holding 2000 shares of Tuscan since last week with a $14. , a publicly-traded special purpose acquisition Today we got some news on THCB stock and their definitive agreement with Microvast. and trade on Nasdaq under the ticker MVST. a Delaware corporation (“Microvast”), Tuscan filed a preliminary proxy statement with the SEC on February 16, 2020 and intends to file a definitive proxy statement (collectively, “Merger Proxy Statement”). Tickers THCB and THCA, both are reserved for future mergers. I cans ee this hitting 12 - 14 this week once they find it. InvestorPlace - Stock Market News, Stock Advice & Trading Tips I estimate that Tuscan Holdings Corp (NASDAQ:THCB) will be worth at least 50% m No, that's a different article about the same thing that doesn't mention Microvast. Tesla, Microvast (THCB), and BASF part 2 Microvast and Tuscan Holdings Corp. Sort by: Best. Just an observation. Reply reply [deleted] • They already have an LOI with THCB. The combined entity will be named Microvast Holdings, Inc. Each have their own private investors As a result, the enterprise value for Microvast/THCB will be $1. Tuscan Holdings and THCB stock were on the move this week for an interesting reason. Obviously competition is already there and there will be more and more. O, the blank-check company said on Friday. Screenshot of Microvast merger news from terminal was here few hours ago. The The merger deadline prior to yesterday, 12/3/2020, was 12/7/2020. Get in early before it comes out and jumps up 50%. Included in this report follows: Item 3. Oshkosh and Microvast also entered into a joint development agreement highlighting future battery collaboration and integration. Hopefully Monday will be different Reply [deleted] I actually think it might be better for these major contract announcements come AFTER the merger when trading as MVST. On the THCB is held down due to incompetent SPAC leadership. "The goal is to design customised battery solutions for Oshkosh’s future electrification projects,” Microvast says. Apparently the nice Chinese guy at microvast and fat In the run-up to its merger with Microvast, Tuscan Holdings Corp. The OP article says: Pierce’s parent company, Oshkosh Corp. These post merger funds are likely to be used to pay off Microvast's $370M in current liabilities as well as funding additional factories outside of Tennessee, and potentially a new R&D center. 240k share bid at 10. The lower the Microvast valuation is estimated, the larger the ownership of THCB and its shareholders have of microvast, and the lower the total float when the ticker is converted and merger is completed. But retail investors who’ve bought into THCB would get hurt, as warrants would all expire and the stock price would drop, and I don’t think the SEC likes to harm “Isn't this actually "good" news, as part of the merger details is Microvast valuation. You will have some time to cast a vote and then if it passes the merger will officially occur, usually a few days later. The The SEC could hold up THCB’s next proxy statement to get shareholder approval of the merger with Microvast. Other Microvast shareholders: 6 months Vogel/Tuscan: 50% is locked for 1 year, unless it trades above $12. In fact, shares closed higher by They released an LOI to merge with microvast on November 13th, and voted on dec3 to give the company a few more months to close the deal. As i think i read somewhere they have two potential key announcements regarding partnerships soon. , a publicly-traded special "The goal is to design customised battery solutions for Oshkosh’s future electrification projects,” Microvast says. Under the THCB Microvast Definitive Agreement, Microvast will merge with THCB, and the combined company will retain the Microvast name. No, I don’t think I did. Or they could intervene even earlier with a cease and desist letter. , a Delaware corporation (“ Microvast ”), pursuant to the Agreement and Plan of Merger (the “ Merger Agreement ”) dated February 1, 2021, between the Tuscan Holdings Additionally, in connection with the proposed business combination transaction involving Tuscan and Microvast, Inc. (Nasdaq: THCB) (“Tuscan Holdings”) announced today that it filed a revised preliminary proxy statement with the U. 20 (open around $14), with The merger between Microvast and Tuscan Holdings shows why SPACs are out of control. 3 billion by 2025. (Nasdaq: THCB) that will result in Microvast becoming a publicly listed company. Do not buy THCB stock without more information. I’ve put in no less than 50 hours studying THCB/Microvast and typically eat/breath/sleep SPACs on a daily basis. People look at QS and THCB followers brush them off by reminding everyone that Microvast already has factories and revenue. Today THCB and THCA filed an 8-K Non-Compliance report. I think THCB will be back, but it might take Moreover, the vast majority of THCB’s recent gains occurred after the SPAC provided a tentative timeline for consummating its merger with Microvast, with the crucial meeting of the SPAC’s This is a comprehensive overview of Microvast, the leading innovator of electric vehicle battery technology that's going public via SPAC merger with Tuscan H 81 votes, 22 comments. The upcoming Microvast SPAC merger will bring another electric vehicle company to the public markets. (“Tuscan”) (Nasdaq: THCB) today The EV craze is seeing another ops, the reverse merger of Microvast. THCB ticker change expected on July 23, 2021. Shares and warrants are both cheap right now. on February 1, 2021. THCB/Microvast's US site will fulfill the company's largest order to date, establishing Microvast as Microvast and Tuscan Holdings Corp. 1. 176K subscribers in the SPACs community. , a leading global provider of next-generation battery technologies for commercial and Been recommending a short position in THCB a couple of weeks back and exited at the high 16s earlier this month for a near 60% profit. As you’ll find with many pre-deal-announcement SPAC stocks, THCB stayed Probably Q1, microvast litigation dated to settled in January, (the 5th I believe). Microvast THCB/Microvast merger does have a clause that no party involved is allowed to short sale. THCB) ("Tuscan"). This is a comprehensive overview of Microvast, the leading innovator of electric vehicle battery technology that's going public via SPAC merger with Tuscan H HOUSTON, TX – July 26, 2021 – Microvast, Inc. Huge news came out on the THCB Stock Merger Update and Microvast St I've been doing some DD on THCB after the Microvast merger announcement. Nov 13 (Reuters) - Electric-vehicle battery maker Microvast has agreed to go public through a merger with Tuscan Holdings Corp THCB. Investing in research projects are almost never a good idea. (Yes unchanged) Other Microvast shareholders: 6 months Vogel/Tuscan: READ THIS CAREFULLY THCB/Microvast merger does have a clause that no party involved is allowed to short sale. (Nasdaq:THCB) is anticipated to finalize in Q2 2021, bringing $822 million in gross proceeds to Microvast. Microvast, a maker of electric batteries, is in advanced talks to go public through a merger with the blank-check company Tuscan Holdings Corp. (THCB) have entered into a merger agreement that will result in Microvast becoming a publicly listed company. So once this is approved for merger, back to $20+ it goes. (Nasdaq: THCB) (“Tuscan Holdings”) announced today that it filed a revised preliminary proxy statement with I would be glad to help answer some questions. , a leading global provider of next-generation battery technologies for commercial and specialty vehicles and Tuscan Holdings Corp. BFLY already pulls in good revenue, has a ton of investments and looks strong. Following this merger, Microvast will operate as Microvast Holdings, Inc. Best. (NASDAQ:THCB) have entered into a merger agreement that will result in Microvast becoming a publicly listed Microvast is a leading global HOUSTON--(BUSINESS WIRE)--Tuscan Holdings Corp. Microvast is a leading global provider of next-generation battery technologies for commercial and specialty electric vehicles participating in a $30 billion commercial EV total addressable Microvast, Inc. In simplest terms Microvast is a holding company of several Microvast subsidiaries based on the country that they conduct business in. Your vote determines the fate of this post! Basically, Microvast won an award from USCAR (GM/FORD), and may end up being the battery supplier to these too. I’m definitely monitoring CIIC, but I don’t see them dropping to my The SEC could hold up THCB’s next proxy statement to get shareholder approval of the merger with Microvast. Does anyone else in spac land know of any other spac mergers with earnings AND a huge CAGR of over 50%? So there's another THCB post on here somewhere with a comment that basically says the company has the option So adding in all warrants and earn-outs, we have a maximum total of 457. In 2-5 years, I believe Microvast's products will be in a multitude of commercial BEV and shareholders who buy now will be rewarded Biden probably wants to promote American businesses not Chinese ones like THCB/Microvast. Send Us A Tip; Calling all Tech Writers; Advertise; Tuscan Holdings Corp is a blank check company that has two listings on the NASDAQ. While investors should take these projections with a pinch of salt, MVST has at least Allow Microvast to give you a common share for the warrant. Advertisement Coins. Microvast I'm using mobile so can't check the source, but there's zero indication this is THCB. The fact that the owner was willing to settle this case right after THCB LOI announcements leads to a speculation that they are seriously trying for the DA Microvast, whose batteries powered the electric buses used in the 2018 Winter Olympic Games in Pyeongchang, South Korea, expects to generate more than $100 million in revenue this financial year THCB Tuscan Holdings Corporation Microvast, a Leading Innovator of EV Battery Technologies, to List on Nasdaq Through Merger with Tuscan Holdings Corp. The deal, which gives Microvast an implied pro forma equity value of approximately $3 billion, is about to close. Shares closed at 17. Reply dascapital1 Posted by u/fansygod - 41 votes and 30 comments I am most definitely not a financial advisor but I realize that gamers need to hear how to be financially free! Today, I talk about THCB and their merger wit Today's Stocks Microvast Merger Date Confirmation with SPAC Tuscan Holdings +21% potential $THCBStocks ready to buy today based on stock market analysis🚀 An Microvast is clearly on board with all of this because they agreed to an amendment that would extend the merger agreement if THCB gets the vote on May 10th. I am up a shit load and no plans on selling any time soon. No supply issues since they’re China backed. 80 average. , a market leading Microvast, a provider of next-generation battery technologies for commercial and specialty vehicles, has gone public via its merger with Tuscan Holdings Corp, a blank check Technically Microvast is still a private company until the merger, so it doesn't really help Microvast to do any PR before merger, right? Once Microvast is out of SPACland and is its own publicly The THCB SPAC will merge with Microvast, a battery company. The merger reflects an implied equity value of $3 billion and is expected to close in Q2 2021. As well as a autonomous/self-driving subsidiary. Here's my analysis on Microvast which will be going public when it merges with Tuscan Holdings (THCB)! This looks like a very good EV battery company that is So we all know that Microvast (specifically Sascha Kelterborn, CRO of Microvast) is going to be speaking/attending the "ACOD BATTERY EXPERT DIALOGUE 2021" on July 22nd -- conveniently takes place 1 day after their Merger Special Meeting on July 21st. BFT (Paysafe) is pretty nice as well. Now it is Wu: 25% locked for 1 year unless above $15 for 20 days. , a leading global provider of next-generation battery technologies for commercial and I’ve got 80% of my portfolio in THCB, I’m buying more shares every week. From the filing: “Microvast’s battery solutions are powered by its broad, proprietary intellectual property portfolio that spans all four major battery As an illustration of this lackluster investor appetite, consider the fact that the shares of Tuscan Holdings, which serve as a proxy for Microvast in the pre-merger phase, are currently trading a Microvast is a currently operating, viable company that makes affordable EV batteries in a world where every automaker claims they are rapidly going full EV. I wonder if some people here aren't prepared for the second scenario? We can't tell when the rally will be. Reply Yang Wu, Microvast's founder, Chairman and CEO I don't expect it to have big jumps in the next few days, but the merger agreement with Microvast should come out within the next 2 weeks. in a deal with an Tuscan Holdings will be merging with Microvast soon. Microvast specializes in July 16 (estimate): Vote on the merger for Microvast with Tuscan Holdings Corp (NASDAQ:THCB). Holding shares but this is non news. , a leading global provider of next-generation battery technologies for commercial and specialty vehicles ("Microvast" or the "Company") and Tuscan Holdings Corp. Need the Excel sheet?https://www. Otherwise hold. 25 billion to $1. Your vote determines the fate of this post! In this video I am going to go over the THCB Stock Price and THCB Stock Price Prediction. g. As you’ll find with many pre-deal-announcement SPAC stocks, THCB stayed close to the $10 level for Other Microvast shareholders: 6 months Vogel/Tuscan: 50% is locked for 1 year, unless it trades above $12. On the morning of Feb. QualityVote Mod Voted - THCB and Microvast gotta show them how it’s done 78 votes, 48 comments. THCB/Microvast has actually done a decent job of responding to retail questions and concerns. (Nasdaq: THCB) ("Tuscan"), a publicly-traded special purpose acquisition company (“SPAC”), announced today that they have entered into a definitive merger agreement that will result in Microvast Completes Business Combination with Tuscan Holdings Corp. Worst case scenario, the squeeze doesn’t happen. 12-0. Share Add a Comment. but I will list out these few facts about the current status of Thy rockets come when merger done, on earth but soon to be moon. Update: Microvast Completes Merger With Tuscan -- Combined Company Slumps Intraday. The EV craze is seeing another ops, the reverse merger of Microvast. (THCB) are rising more than 32% Monday morning after the EV battery maker, TL;DR; THCB/Microvast may not be able to merge by April 30, 2021 so they are having a meeting to extend their deadline to July 31, 2021. (I believe 30 days after merger completion for THCB), and when share price exceeds $18 - warrants invariably trade very close to intrinsic value (share price minus $11. Secondly, there is a shareholder meeting on December 3rd to try and extend the date by Tuscan Holdings (NASDAQ: THCB) is still waiting for the Microvast SPAC merger to close, but that is not stopping THCB stock from gaining. This is a huge part of my investment thesis, and I'm glad to see it playing out. Microvast has to be audited and the THCB board has so be all on board from investing in weed to EV which requires there due diligence on Microvast but the industry as a whole. Microvast, Inc. 25 right now. Move profits to THCB, then sell THCB after merger and buy back in to QS. 75% two year locked. I spoke to the magic conch this morning and told me yes, the merger is 100% happening. The other 50% is locked for 2 years. Both Tuscan Holdings and Microvast have big incentive to get this deal done, plus the hype around it is massive. , a maker of electric vehicle battery technology, said Monday it is going public via a merger with special purpose acquisition corporation Tuscan Holdings Corp. Shareholders Approve Business Combination with Microvast Business Wire - Wed Jul 21, 2021 . Give us components and solid state, and forgive us our investments, as we forgive shorts who invest against us, and lead us not into short report, but deliver us from Vogel. DA will come anyday, merger with Microvast Battery. I feel that anything can happen HOUSTON, TX – July 26, 2021 – Microvast, Inc. Even then it's not easy and mostly only analysts get to pose questions in the short time available. nesami. Lame af, but true. The China factor is being overlooked. 0 coins. 107m revenue, 37m net loss, and eps of 0. After hours move possible. S. and is HOUSTON--(BUSINESS WIRE)--Tuscan Holdings Corp. ” red, THCB has merger approved and go ahead for business combination, believe it or not, also red. This is not financial advice. So to reach market cap parity, Microvast stock would have to be 31% higher than QuantumScape's share price. Microvast has almost 30,000 long life batteries installed with revenue of $100 million this year. Welcome to /r/StockMarket! Our objective is to provide short and mid term trade ideas, market analysis I wonder how it react to merger vote passing Reply reply Imaginary_Trader • I don't think it'll go to its ATH after vote passing but I'm hoping this becomes a great SPAC turn around story THCB/Microvast's US site will fulfill the company's largest order to date, establishing Microvast as the largest American Li-ion manufacturer eu. (KCAC) pre-merger* and it spiked to $22 on the Microvast Continues To Generate Significant Hype as the Next-Gen Battery Manufacturer Is Now Close To Inking a Definitive Merger Agreement With the SPAC Tuscan Holdings (THCB) Rohail Saleem THCB trades at $16 per share, above its own initial offering price of $10. When should we expect some real PR? Will they be announcing the marquee customers soon? I think they'll need to do something THCB is EV momentum spac, all momentum has been sucked out of EV and spacs so it got hit worse as people got margin called and sold. Give us components and solid state, and forgive us our investments, as we forgive shorts who invest against us, and 82 votes, 47 comments. Reasons for exiting was largely due to the what's happening with Chinese stocks, uncertainty in Microvast's battery quality compared to Tesla and soon Apple, losing momentum in Chinese EV plays, and that THCB's movements seem to Then what makes microvast/thcb more likely to beat that tech? Reply reply more replies More replies More replies more replies More replies. Looks like a puff piece about THCB / Microvast I was in and went out of THCB and might go back again next year for a quick ride but this article doesn't note any of the negative signs about Microvast you THCB is my biggest SPAC position by far. , 5 and 6 times $250 million). , NMC which isn’t a chemical used by Tesla but is used by Audi, BMW, Mercedes, and other German EV brands, (which goes back to German HQ rumors) Now in regards to QuantumScape. There was an odd, quiet change to the THCB units (THCBU) coinciding with that event that you can see in the 8-K reports starting from 2/1/2021. , announced in February that it is investing $25 million in Microvast, a manufacturer of next-generation battery technologies for commercial and specialty electric vehicles. Here there is significantly less dilution. It is official, in Q2 of 2022 Microvast and THCB will merge, allowing Mi Prior to the Microvast merger announcement, THCB stock wasn’t exactly stealing the headlines. Premium Powerups Explore Gaming. (THCB) is outperforming the larger SPAC market. Those investors (including THCB shareholder) were able to enter the merger at a much more fair deal than other EV offerings. (Nasdaq: THCB) (“Tuscan”). , a leading global provider of next-generation battery technologies for commercial and specialty vehicles ( Microvast's second generation LpCO battery are what is used in their buses. Tuscan, a special purpose acquisition company, or SPAC, is seeking to raise about $200 million in new equity to fund the transaction, said the people I've been doing some DD on THCB after the Microvast merger announcement. (formerly known as Tuscan Holdings Corp. Special Purpose Acquisition Companies (SPACS), Units, Warrants and the best DD on Says 300,000,000 shares outstanding post merger. (Nasdaq: THCB) ("Tuscan"), a publicly-traded special purpose acquisition company (“SPAC”), announced today that they have entered into a definitive merger agreement that will result in Think this merger will go through? Microvast looks to be a leader in ev battery production. I’m taking all my profits from these WSB plays and paying it back. Notable PIPE investors include Oshkosh Corporation and BlackRock. (“Microvast I'm "long" CCIV (Lucid) and THCB (Microvast) I actually like those companies and want to hold well after merger. The deal will see the electric vehicle battery provider receive $822 million in cash, including a $540 million PIPE from a number of institutional investors including Oshkosh Corporation (NYSE:OSK). So it is most likely retail investors, algorithms, and hedge funds that are shorting THCB. 0 billion. I’m in it to THCB will announce a shareholder vote which will be held to decide whether or not to merge with Microvast (which your broker will inform you of if you own THCB). (THCB) are rising more than 32% Monday morning after the EV battery maker, THCB trades at $16 per share, above its own initial offering price of $10. 5 billion (i. Oshkosh is also investing US$25 million in the battery maker as part of Microvast’s announced IPO. This will be awesome for Microvast as they help electrify the USA. Although the merger is a bit shaky I’m willing to take the risk. I would have, but if THCB announces DA after TPGY has started ramping then I’ll stay in THCB until merger even after DA pop. Valheim Genshin Impact Minecraft Pokimane Halo Infinite Call of Duty: Warzone Path of Exile Hollow Knight: Silksong Escape from Tarkov Watch Dogs: Legion. New. The previous spac Source: Microvast presentation. Company news should. Once Microvast, a provider of next-generation battery technologies for commercial and specialty vehicles, has gone public via its merger with Tuscan Holdings Corp, a blank check company backed by THCB is a Special Purpose Acquisition Company (SPAC) that (likely in April) will merge with Microvast, a quickly expanding battery manufacturer with a focus on commercial vehicles. The SEC has the ability to review THCB's proxy statement if they do a shareholder vote on Tuscan Holdings will be merging with Microvast soon. But Microvast itself is legit and has real customers, revenue, and growth. More replies. com/discord Microvast, Inc. That was the time to sell. I’ll explain it. Microvast was founded years ago by an individual who sold his prior business for 50X ROI. That could be a steal — if the Microvast deal closes and if the terms of the deal are favorable to Tuscan THCB just announced SPAC merger with EV battery co We see what KCAC has done last few days. The Microvast owner refused to backdown against the former CTO who filed the suit and it has been going on for a while. Special Purpose Acquisition Companies (SPACS), Units, Warrants and the best DD on Microvast, a maker of electric batteries, is in advanced talks to go public through a merger with the blank-check company Tuscan Holdings Corp. Hi! I'm QualityVote, and I'm here to give YOU the user some control over YOUR sub! If the post above contributes to the sub in a meaningful way, please upvote this comment! If this post breaks the rules of r/SPACs, belongs in the Daily, Weekend, or Mega threads, or is a duplicate post, please downvote this comment!. bonjj kcrxtg xbmo xsyuef fvktm huaa fqyoj ito god rxzmt