false 0001760689 0001760689 2024-07-07 2024-07-07 0001760689 MVST:CommonStockParValue0.0001PerShareMember 2024-07-07 2024-07-07 0001760689 MVST:RedeemableWarrantsExercisableForSharesOfCommonStockAtExercisePriceOf11.50PerShareMember 2024-07-07 2024-07-07 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 11, 2024 (July 7, 2024)

Microvast Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware   001-38826   83-2530757

(State or other jurisdiction

of incorporation)

   (Commission File Number)  

(IRS. Employer

Identification No.)

12603 Southwest Freeway, Suite 300

Stafford, Texas 77477

(Address of principal executive offices, including zip code)

281-491-9505

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, par value $0.0001 per share   MVST   The NASDAQ Stock Market LLC
Redeemable warrants, exercisable for shares of common stock at an exercise price of $11.50 per share   MVSTW   The NASDAQ Stock Market LLC

 

 

   

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On July 7, 2024, Stephen A. Vogel submitted his resignation from the Board of Directors and as a member of the Compensation Committee and the Nominating and Corporate Governance Committee of Microvast Holdings, Inc. (the “Company”), effective July 7, 2024. Mr. Vogel’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

 

On July 10, 2024, Yeelong Tan Balladon submitted her resignation from the Board of Directors and as a member of the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee of the Company, effective no later than the Company’s 2024 Annual Meeting of Stockholders. Ms. Balladon’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 11, 2024 MICROVAST HOLDINGS, INC.
   
  By: /s/ Wu Yang
  Name: Wu Yang
  Title: Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

v3.24.2
Cover
Jul. 07, 2024
Document Type 8-K
Amendment Flag false
Document Period End Date Jul. 07, 2024
Entity File Number 001-38826
Entity Registrant Name Microvast Holdings, Inc.
Entity Central Index Key 0001760689
Entity Tax Identification Number 83-2530757
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 12603 Southwest Freeway
Entity Address, Address Line Two Suite 300
Entity Address, City or Town Stafford
Entity Address, State or Province TX
Entity Address, Postal Zip Code 77477
City Area Code 281
Local Phone Number 491-9505
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
Common stock, par value $0.0001 per share  
Title of 12(b) Security Common stock, par value $0.0001 per share
Trading Symbol MVST
Security Exchange Name NASDAQ
Redeemable warrants, exercisable for shares of common stock at an exercise price of $11.50 per share  
Title of 12(b) Security Redeemable warrants, exercisable for shares of common stock at an exercise price of $11.50 per share
Trading Symbol MVSTW
Security Exchange Name NASDAQ
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