Tuscan Holdings

Tuscan Holdings Corp. is a blank check company, which focuses on searching target businesses in the cannabis industry. The company was founded on November 5, 2018 and is headquartered in New York, NY. Redemption Price: 10. Warrant Coverage: 1.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Microvast Holdings, Inc. is an advanced battery technology company. It engages in the business of designing, developing, and manufacturing battery components and systems primarily for electric commercial vehicles and utility-scale energy storage systems. The company was founded by Yang Wu on October 12, 2006 and is headquartered in Stafford, TX.

The Special Purpose Acquisition Company (SPAC) begins trading publicly. During this phase, the SPAC looks for a target company to merge with.

PREVIOUS PHASE

The SPAC announces which company it will be acquiring (and taking public).

CURRENT PHASE

Investors and shareholders will meet to approve the acquisition.

FINAL PHASE

HOUSTON--(BUSINESS WIRE)--Microvast, Inc. ("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. (Nasdaq: THCB) ("Tuscan"). The business combination was approved at a special meeting of stockholders on July 21, 2021, resulting in the combined company being renamed “Microvast Holdings, Inc.”, with its comm

Microvast Holdings, Inc. to List on Nasdaq Under the Ticker “MVST”

HOUSTON--(BUSINESS WIRE)--Tuscan Holdings Corp. (“Tuscan”) (Nasdaq: THCB) today announced that its stockholders approved all proposals related to the previously announced business combination with Microvast Inc. (“Microvast “or the “Company”) at a special meeting of stockholders held today. A Form 8-K disclosing the full voting results is expected to be filed with the Securities and Exchange Commission. The closing of the Business Combination is anticipated to occur on or about July 23, 2021. F

Tuscan Holdings Corp. Shareholders Approve Business Combination with Microvast

NEW YORK--(BUSINESS WIRE)--Tuscan Holdings Corp. (Nasdaq: THCB) (“Tuscan”) today announced that it scheduled a special meeting of its stockholders (the “Special Meeting”) to approve the proposed business combination with Microvast, Inc. (“Microvast”), a leading global provider of next-generation battery technologies for commercial and specialty vehicles, to be held on July 21, 2021 at 9:00 a.m. ET. Notice of the Special Meeting and related proxy materials will be mailed to all holders of record

Tuscan Holdings Corp. Announces Special Meeting of Stockholders to Approve Business Combination with Microvast, Inc.

FRANKFURT AM MAIN, Germany--(BUSINESS WIRE)--Microvast, a leading global provider of next-generation battery technologies for commercial and specialty vehicles that recently announced a planned business combination with Tuscan Holdings Corp. (Nasdaq: THCB), has been nominated by Gaussin (EURONEXT GROWTH: ALGAU - FR0013495298) for its next generation skateboard road truck platform. Gaussin is a pioneer in the design and assembly of electric and fuel cell vehicles in transport and logistics indus

Microvast and Gaussin Partner to Accelerate the Transition to Zero-Emission Transportation

NEW YORK--(BUSINESS WIRE)--Tuscan Holdings Corp. (Nasdaq: THCB) (“Tuscan Holdings”) announced today that it filed a revised preliminary proxy statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with the proposed business combination with Microvast, Inc., a leading global provider of next-generation battery technologies for commercial and specialty vehicles. The Company set the close of business on June 21, 2021 as the record date for the determination of stockholder

Tuscan Holdings Corp. Files Revised Preliminary Proxy Statement, Sets Record Date for Stockholders Eligible to Vote on Business Combination

Tuscan Holdings Corp - Unit (1 Ordinary share & 1 Wrt)

NEW YORK, New York, May 28, 2021 (GLOBE NEWSWIRE) -- Tuscan Holdings Corp. (NASDAQ: THCB) (“Tuscan” or the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, announced that on May 28, 2021, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) advising that because the Company failed to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021 (the “Form 10-Q”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”). Nasdaq has informed the Company that it has until July 26, 2021 to submit a plan to regain compliance with the Rule, provided that the Company will not be required to submit a plan if the Form 10-Q is filed before such date. If Nasdaq approves the Company's plan, it has the discretion to grant the Company an extension of up to 180 calendar days from the due date of the Form 10-Q (or until November 22, 2021) to regain compliance.

TUSCAN HOLDINGS CORP. RECEIVES NASDAQ NOTIFICATION REGARDING DELAYED FORM 10-Q

NEW YORK--(BUSINESS WIRE)--Tuscan Holdings Corp. (Nasdaq:THCB) (“Tuscan”) announced that at today's reconvened 2021 Annual Meeting of Stockholders, stockholders approved the proposal to amend Tuscan's Amended and Restated Certificate of Incorporation, as amended, to extend the date by which Tuscan must complete a business combination from April 30, 2021 to July 31, 2021. The amendment effecting this extension has been filed with the Delaware Secretary of State and extends the time for Tuscan to

Tuscan Holdings Corp. Stockholders Approve Extension of the Date to Consummate Business Combination

C3.ai

Cronos Group

Enphase Energy

Li Auto Inc.

MP Materials

Palo Alto Networks

Splunk

Zomedica

Are you looking for the top stocks of 2021? InvestorPlace pros are betting on these 11 bullseye investments in red-hot themes.

Top Stocks 2021: 11 Bullseye Stock Picks for Your Must-Buy List

NEW YORK--(BUSINESS WIRE)--Tuscan Holdings Corp. (Nasdaq: THCB) (“Tuscan”) today announced that its 2021 Annual Meeting of stockholders was convened today at 10:00 a.m. Eastern time for purposes of considering the proposals to elect Amy Butte as a Class I Director and adjourn the Annual Meeting to allow more time for stockholders to vote their shares to approve the proposal to extend the date by which Tuscan must complete its initial business combination, from April 30, 2021 to July 31, 2021 (t

Tuscan Holdings Corp. Adjourns Annual Meeting of Stockholders to May 10, 2021 to Allow Stockholders More Time to Vote on the Extension Amendment Proposal

NEW YORK--(BUSINESS WIRE)--Tuscan Holdings Corp. (NASDAQ: THCB) (“Tuscan” or the “Company”) urges stockholders of record on March 17, 2021 to vote in favor of the proposal to extend the date by which the Company has to consummate its business combination with Microvast from April 30, 2021 to July 31, 2021 (the “Extension Amendment”) at its annual meeting of stockholders to be held virtually at https://www.cstproxy.com/tuscanholdingscorp/2021 on April 28, 2021 at 10:00 am Eastern Time. If the re

Tuscan Holdings Corp. Urges Stockholders to Vote Today in Favor of Extension Amendment

Granted, future projections are not guarantees. But, considering this EV battery company is focusing on the commercial vehicle niche, and the fact it's locked down partnerships with major truck makers like Oshkosh (NYSE:OSK), THCB stock could live up to expectations, and become a long-term winner.

Top Stocks 2021: If You Only Buy One SPAC Stock, It Better Be Tuscan Holdings

HOUSTON--(BUSINESS WIRE)--Microvast, a leading global provider of next-generation battery technologies for commercial and specialty vehicles, announced that a replay of Microvast's appearance at the UBS Energy Transition Call Series is available on the Microvast's Investor Relations website. Investors can access the webcast here: http://microvast.com/index.php/about/investors. The previously announced business combination with Tuscan Holdings Corp. (Nasdaq:THCB), a publicly traded special purpo

Replay of Microvast Appearance at UBS Energy Transition Call Series Available on Investor Relations Website

HOUSTON--(BUSINESS WIRE)--Microvast, a leading global provider of next-generation battery technologies for commercial and specialty vehicles that recently announced a proposed business combination with Tuscan Holdings Corp. (Nasdaq: THCB), is releasing a webcast Monday, April 18, 2021, at 11:00 a.m. ET for investors to learn more about Microvast's cutting-edge cell technology and its vertical integration capabilities which extend from core battery chemistry to battery packs. The webcast will be

Microvast to Host Investor Webcast on April 19, 2021

Fisker

Virgin Galactic

Take your mind off the latest investing trend and focus on these growth stocks instead.

Forget NFTs, These 3 Stocks Are Better Buys Right Now

NEW YORK, March 31, 2021 (GLOBE NEWSWIRE) -- Tuscan Holdings Corp. (Nasdaq: THCB) ("Tuscan") today announced that it has mailed proxy materials for the Annual Meeting of the Company's stockholders to be held on April 28, 2021.  The proxy materials have been mailed to all holders of record as of the close of business on the record date which was set for March 17, 2021.

Tuscan Holdings Corp. Announces Annual Meeting of Stockholders to be Held April 28, 2021, to Approve Extension Amendment, among other things

HOUSTON--(BUSINESS WIRE)--Microvast, a leading global provider of next-generation battery technologies for commercial and specialty vehicles that recently announced a planned business combination with Tuscan Holdings Corp. (Nasdaq: THCB), today announced the initial delivery of battery systems to French bus manufacturer SAFRA in Albi, France. Microvast will provide SAFRA with three standard certified battery products for its full electric and hybrid buses, as well as for the refurbishment of th

Microvast Expands Into French E-bus Market

THCB stock is interesting but has too much hope attached to the thesis. There is an ocean of EV companies and the competition is fierce.

Tuscan Holdings Stock Is Still a Falling Machete

While near-term factors could help support THCB stock, a continued sell-off looks more likely. Wait for the SPAC stock correction to wrap up before buying Tuscan Holdings.

Wait for Additional Pullback Before Buying Tuscan Holdings Stock

A plunge in THCB stock will rattle investor nerves. But this battery play still has a big long-term opportunity.

Amid Volatility, Keep the Long View Toward Tuscan Holdings Stock

Oshkosh

Workhorse Group

THCB stock could be long term winner, but U.S. business is bolstered by an unsure revenue stream. Learn more here.

Think About Buying Tuscan Holdings All You Want, but Don't Pull the Trigger

THCB stock isn't a direct investment in electric vehicles, but rather a bet on automotive electrification through powerful battery technology. The post Invest in a Battery Tech Early Mover with Tuscan Holdings appeared first on InvestorPlace.

Invest in a Battery Tech Early Mover with Tuscan Holdings

With Microvast facing tough threats and Tuscan trading at a high valuation, THCB stock is a sell. The post Dump Your Tuscan Holdings Stock as Competition and Valuation Continue to Mount appeared first on InvestorPlace.

Dump Your Tuscan Holdings Stock as Competition and Valuation Continue to Mount

According to my calculations, THCB stock is worth between $20.92 and $30.15 per share based on its comps and projections. The post Tuscan Holdings Is Worth Significantly More In its Merger with Microvast appeared first on InvestorPlace.

Tuscan Holdings Is Worth Significantly More In its Merger with Microvast

THCB stock is one to watch after Oshkosh nabbed the USPS contract. Here's what you should know about Microvast and THCB now.

THCB Stock: Why Workhorse's Stumble Helps the Microvast SPAC Merger

THCB stock has been volatile, no doubt about that. Yet, an investment in Microvast offers prime exposure to a segment in hyper-growth mode.

News for Tuscan Holdings Stock (THCB)